Investment Q&A

Q: Peter is HHL etf a good choice for income investors.?? Is div Safe thanks Ken

Q: Good morning.

Notwithstanding FX risk, with the drop in the JEPI dividend over the last few months, if you had to choose one right now as a longer term hold, would you go with JEPI or HHL? And why?

Thank you.

Q: Seeking 'safer' income stocks, would you be able to comment on the latest earnings from these 2 ETF's?
How sustainable are the current payouts and would it be better to purchase the larger Cap HHL for stability?
Thanks in advance, Ted.

Q: I wanted to gain some clarity on your answer to Terry indicating that the high dividend returns with these etf's are almost entirely return of capital. So if an investor holds these their yields would not be taxed as dividend income in a cash account but the cost base would diminish accordingly so that when sold the capital gain would be greater. But if a long term hold and if the yield continues to be return of capital then does the investor collect these yields effectively free of tax? Any other similar etf's with high yields that are largely return of capital? Am I missing something? Thank you for providing certainty on this.

Q: Thoughts on these etfs in a non registered account
How would the distributions be taxed

Q: Good Morning
Would like your opinion on the Harvest Health Care ETFs? Need to increase health care in portfolio. Is there another way to invest in health care that you would be preferable?
Would it be advisable to be Hedged or Un-Hedged?
Thank you.

Q: I am looking at reconfiguring my newly established RRIF into the above equities with the 3 etf’s being 25% each with the remaining 5 stocks being the remaining 25%. What is your opinion of these stocks and portfolio composition? Am I being too cute ? Thanks. Derek.

Q: hello 5i:
recently, I asked a question about LIFE; thanks for the quick response. In hindsight, what I should have asked might have been: which covered call ETF, in the health care space, provides the best dividend rate, with the lowest return of capital. As we're dealing in registered accounts, return of capital is not of interest to me.
thanks
Paul L

Q: I am looking for a dividend paying ETF. Between HHL and NUSI which one do you prefer and why. Do you have other recommendations of ETFs or stocks paying more than 8% dividend?

Q: Hello 5i,
I have reviewed the questions on these two ETF's and I would like to confirm my thinking. I need to increase both my international and U.S. sectors, one more than the other. As I understand it, if I purchase LIFE, then my international sector would improve over HHL and if I purchase HHL, then my U.S. sector would improve over LIFE. Beyond geographic sector allocation I am largely indifferent albeit with a slight preference for HHL more due to its MER more than anything else.
So, are my assumptions correct and would you have anything further to add in terms of preferring one over the other that I may have overlooked?
Many thanks as always!!!
Cheers,
Mike

Q: I have HHL & HHL.U in my registered accounts for many years. It has been a good dividend (>8%) generator with its policy of options investment of about 30%. It has a high management fee of 0.85 and MER of 0.99.

LIFE is similar with almost half fee and dividend is equally attractive. Like to get your advise comparable merits of switching HHL to LIFE.

Q: your thoughts on harvest group of funds for income

Q: The top 10 holdings (50% +) have a dividend yield of 0 to 4 % yield. The ETF shows a yield of 8.46%. Could you explain the discrepancy ? I like the sector. Beside HHL could recommend a other ETF.

Q: Hello, I have asked this question last Thursday morning, so just in case it got lost, here it is: these 2 ETFs seem to be similar, except for the lower MER for LIFE and the higher market cap for HHL, is there something to be aware of if I switch from HHL to LIFE for tax-loss reasons? Any disadvantage in putting money in LIFE? Is The Evolve business solid? Thanks.

Q: If I purchased 100 shares of XHC and HHL five years ago at the same time, how much should I be up on XHC including dividends? Thanks for your math skills! James, Much appreciated

Q: The Harvest Healthcare ETFs appear to be a good way to diversify into American healthcare and get a "healthy?" income too. The MER is a bit high.
In a small very conservative TFSA would this make sense? Are there concerns, flaws, issues with this particular ETF series to watch out for?

Thanks

Q: I am considering selling XHC and replacing it with HHL in my RSP to add income. Is this a wise move and do you see any other issues with this change? Thx James

Q: I am 80 and I have 85 k in my TFSA . Iam looking to invest in Fix income . What would you suggest ?

Q: In my ongoing search for yield, I have generally been pleased with HHL. As you know, it is a fund that equally invests in 20 large cap global health care companies and employs an active covered call strategy. The recent yield range has been ~ 8.50-9.0%. It is a 5% weight in overall portfolio.

I am comfortable with their core equity exposure, as they are all brand names that investors know well. And I am comfortable with its performance relative to broad market performance/sentiment. My question is relatively simple. Is this yield too good to be true, and do you think that 8.50-9.0% suggests excess leverage/risk. I do note that their monthly payout has been steady and there has never been a cut in the distribution.

Thank you.

Q: Hello:

Wondering if TXF is beaten down enough to provide a good entry point. Is there a better ETF for similar exposure in CAD?

What are 5i's thoughts on HHL for weathering the next year or two with possible recession and general market uncertainties? I expect healthcare may see less volatility but would like your perspective, please.

Thank you for your great service!