Investment Q&A

Q: Hello,

For my pension with my employer, we have limited options with respect to investments. I intend to allocate a portion of my assets to ''Manulife Canadian Real Estate Fund'' (code 9575 / MCREA). Assets of $1.2B Return 1year 17% 2 year 20% 3 year 13%. I have a few questions:

- Can you find the breakdown for the asset allocation: multiresidential, office, industrial, etc. and does it include real estate development? (the information I find and that I was provided is very limited)

- On a scale 1 to 10, how risky is this investment for a 15 year time horizon?

- Can it be considered fixed income in a portfolio?

- How big of a position would you recommend vs total investment assets / portfolio? (% range would be appreciated).

-Returns seem high for the last few years. Can you please provide some comments / insigths?

My level of risk is typically average and I have a long term horizon. I just want to make sure I properly estimate the overall risk of the fund.

Thank you for your help.

Q: Enphase Energy has great momentum but it looks too richly valued to me. What is your opinion? Thanks.

Q: Is this a safe investment for long term dividends. It is down a lot since it was pushed om me. Thx James

Q: As CTS was beaten up very heavily and raised interest from Bidders,which stocks are
similarly are very much beaten up.Thanks for your guidance.

Q: Dear 5i
From my readings it appears that LLY,ABBV and UNH would be your favourite healthcare stocks and in that order . Would you agree ?
Between my wife and i we have 3 RRSP accounts . Would you recommend putting the number one healthcare pick LLY in all three accounts or maybe LLY in one account , ABBV in another account and UNH in the third account ?
The same applies to DOL and ATD which seem to be your favourite consumer staples stocks . Earnings forecasts look better for DOL but ATD is liked a lot as well though ATDs earnings forecast isn`t as good as DOL .Do i put DOL in all three accounts or and DOL in one account and ATD in another and a combination of both in the third account ?
Please deduct credits accordingly .
Thanks
Bill C

Q: I have received from my financial institution a notice concerning the following coming regulation: "New IRS regulation 1446(f) is being enacted beginning January 1, 2023 that affect all Publicly Traded Partnership (“PTP”) holdings (including various Canadian and foreign issuers such as Brookfield LP)." Are you familiar with this regulation? Do you have any thoughts on how one should respond if one holds Brookfield LP units?

Very much appreciate the work you do and the information you provide.

Howard

Q: VRNA Your opinion of this co. as a new investment?

Q: I am wondering what your thoughts are on annuities for a retiree, assuming no need to leave wealth on passing. Also assuming two scenarios: (1) putting all one's money in annuities, and (2) a small portion to ensure not ending up homeless while investing the rest in high risk growth stocks. Okay let's add a third one, a well balanced portfolio all in equities a little light though on dividends, with a floor protection of annuities. Talking about a straight life annuity, nothing fancy. Thank you.

Q: With the real possibility of a recession happening, do you feel that this has been priced in to share price of Acadian Timber? I know timing is a crap shoot, but could there be more significant downside to the share price once a recession hits?

Q: Hi Peter,
If a capital gain occurs on a sale of an US stock (also listed under an US exchange) held in my non-registered account, would it be taxed as ordinary income at whatever my marginal tax rate is or taxed as capital gains rate, where ½ of the gain is taxed at 50%?
Thank you,
Roger

Q: Hello Peter,

The stock has dropped close to 10% since the explosion and death of 2 persons at their facility 2 weeks ago. Do you think the liability from the accident has a material impact on their eps for the near future?
Regards
Rajiv

Q: Please provide your two or three natural gas stocks - or stocks which hold mainly natural gas assets, Is there an ETF that you like?
Thanks

Q: Looking for an industrial stock to pair with WSP. CNR has lower volatility, but a higher p/e compared to TFII. I am older looking for total return close to 10%. Would welcome other suggestions. Thank you

Q: My question is about the safety of CDRs. Is there any added risk (I recognize they are relatively new) in buying a CDR vs just buying the relevant security. My example is that of United Health (UNH.US). It is listed in US, and also a CDR in Canada. I would prefer to buy CDR as I have more available CAD than USD.

Q: I have owned the big 6 banks forever and they're the building blocks of my portfolio, but for a friend initiating a position with one of them do you have a preference right now for best entry position? They're all rallying sharply in the last month. Thank you.

Q: It is tax loss time, I must sell some of my teck losers. Could you place in order from the ones that must be sold vs those that hold a lot of merit. Thank you for all that you do, Cheers, Geoff

Q: Is the end of a recession the beginning of a new business cycle, typically what industries lead after, if your guessing this one is not typical, what sectors might suprise investors?

Q: If you currently had about 50% cash in your portfolio;

- how would you suggest investing the balance and over what time period?

i.e. 30% cash now, 30% in 2 months etc

Thank you for your input.

Q: If you were only buying one of these companies, for a 3 to 5 year hold, which one would you choose and why? Much appreciated. ram

Q: Hello 5i
In one of the recent questions it was said that you do not like covered call etf’s. I didn’t know that was the case. Maybe it isn’t, even i don’t know. I have concentrated my covered calls on American companies that i own. Also many uncovered puts. I have concentrated on the US because the premiums are much higher than on Canadian stocks. I have quite a few Canadian stocks, however. And i hate to see them languishing and unproductive. I have therefore been thinking of a way to make some money on them. The premiums are so low that it doesn’t seem to be worth the effort. But, covered call etf’s would be easier. I don’t know much about them, however. I wonder whether you might provide some information and some pros and cons. Whether you like the idea or not.
Thanks for the excellent service.