Q: I would be interested in your thoughts on MRT.un for an unregistered account and fc.ca in my TFSA for safety and reasonable monthly income.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Are these two companies related. If so, how would yourate FCD for income? I own a full position in FC. Thanks.
- MCAN Mortgage Corporation (MKP)
- Atrium Mortgage Investment Corporation (AI)
- Firm Capital Mortgage Investment Corporation (FC)
- Timbercreek Financial Corp. (TF)
Q: Hello 5i Team
I am reviewing alternative high yield C$ investments for my RRSP for a small portion of my fixed income (< 5% of total portfolio ).
Looking at the publicly traded mortgage investment corporations (MIC) on the TSX - of the four listed, which would be your preferred choice and/or ranked in order.
Are there any other MIC listed on the TSX?
Could you also confirm that "dividends" for MICs are considered as "interest" if held in a non-taxable account.
Thanks in advance for the great service.
I am reviewing alternative high yield C$ investments for my RRSP for a small portion of my fixed income (< 5% of total portfolio ).
Looking at the publicly traded mortgage investment corporations (MIC) on the TSX - of the four listed, which would be your preferred choice and/or ranked in order.
Are there any other MIC listed on the TSX?
Could you also confirm that "dividends" for MICs are considered as "interest" if held in a non-taxable account.
Thanks in advance for the great service.
- First National Financial Corporation (FN)
- Atrium Mortgage Investment Corporation (AI)
- Firm Capital Mortgage Investment Corporation (FC)
- Timbercreek Financial Corp. (TF)
Q: Will you vibe me a list of 4 mortgage funds and their annual dividend. Thx
Q: Can you compare FCD.UN with FC with respect to risk and potential returns in the current interest rate environment ? Thanks, Joe
- First National Financial Corporation (FN)
- Atrium Mortgage Investment Corporation (AI)
- Firm Capital Mortgage Investment Corporation (FC)
- Timbercreek Financial Corp. (TF)
Q: Hi – what is your general view of the MIC’s now, for TFSA or RSP.? Which MIC do you prefer if any? Can you please rank the three listed and indicate if there’s a different one that you prefer. Thanks.
Q: I have a friend who just loves this stock as an income investment. What are your thoughts?
Q: I am a long time holder of FC and it has been fine for income but the stock is down this year and virtually hasn't moved in seven years. I was considering a switch to Atrium for a similar dividend and a slow but steadily increasing share price. Your thoughts?
Thanks!
Kim
Thanks!
Kim
- Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
- Gluskin Sheff + Associates Inc. (GS)
- Callidus Capital Corporation (CBL)
- MCAN Mortgage Corporation (MKP)
- Firm Capital Mortgage Investment Corporation (FC)
Q: Greetings. CBL, MKP, FC all pay a great dividend, but have lost Cap value over the past year or so. Forward trending does not indicate much value appreciation. Should I be concerned with this sector of altrenative lenders to the major banks. Sell or hold ? Other options to consider. ie some growth expectation and a reasonable div or say +4%
Thanks
Thanks
Q: On the company website for FC, I see a note that "dividends are treated as interest income for income tax purposes under the Canadian Income Tax Act."
I own some shares in FC and I acquired them expecting that the dividends paid would be taxed as dividends (Oops! Now I know differently). How then is it that a dividend can be treated as anything other than a dividend and what is the reasoning for a firm paying a dividend that gets taxed as interest? Why not call it what it is...interest? Thanks.
I own some shares in FC and I acquired them expecting that the dividends paid would be taxed as dividends (Oops! Now I know differently). How then is it that a dividend can be treated as anything other than a dividend and what is the reasoning for a firm paying a dividend that gets taxed as interest? Why not call it what it is...interest? Thanks.
- Timbercreek Mortgage Investment Corporation (TMC )
- Firm Capital Mortgage Investment Corporation (FC)
Q: The share prices of TF and FC have been diverging over the last year with TF performing better. Is there a simple explanation for this ? Joe
- First Capital Realty Inc. (FCR)
- H&R Real Estate Investment Trust (HR.UN)
- SmartCentres Real Estate Investment Trust (SRU.UN)
- Dream Global Real Estate Investment Trust (DRG.UN)
- Pure Industrial Real Estate Trust (AAR.UN)
- Tricon Residential Inc. (TCN)
- InterRent Real Estate Investment Trust (IIP.UN)
- Medical Facilities Corporation (DR)
- OneREIT (ONR.UN)
- Pure Multi-Family REIT LP (RUF.UN)
- Morguard North American Residential Real Estate Investment Trust (MRG.UN)
- Dream Industrial Real Estate Investment Trust (DIR.UN)
- Inovalis Real Estate Investment Trust (INO.UN)
- Firm Capital Mortgage Investment Corporation (FC)
- Partners Real Estate Investment Trust (PAR.UN)
Q: I hold substantially less than 5% of each of the above securities in my diversified portfolio.The sector is not over-represented in my portfolio. I would appreciate your opinion as to which, if any, should be sold because of duplication; and/or to reduce the # of stocks held; and/or because of other specific concerns; and which, if any, should be added to. I do not require the cash from any disposition, am not averse to risk, and, subject to your comments, would reinvest it in this or any other sector which you recommend.Thank you in advance for your usual reasoned response.
Q: First, a quick comment on Patient Home Monitoring regarding your response to Robbie's inquiry this morning. I agree the board members need to go but it's the present management that has turned around the debt, margins, revenues and general focus of this company and should they not be credited with doing a very difficult job in the face of such negativity as this stock has seen over the past two years.
I am building an income portion of my RRSP and currently hold KWH.UN, FC, HOT.UN and ECN.PR.C and would like an opinion on adding BCE and HR.UN. Canada is "possibly" ready to raise rates so are my present holdings and additions facing headwinds for that reason. I want to hold them for years and would be happy with just the dividends.
Thank you.
I am building an income portion of my RRSP and currently hold KWH.UN, FC, HOT.UN and ECN.PR.C and would like an opinion on adding BCE and HR.UN. Canada is "possibly" ready to raise rates so are my present holdings and additions facing headwinds for that reason. I want to hold them for years and would be happy with just the dividends.
Thank you.
- First National Financial Corporation (FN)
- MCAN Mortgage Corporation (MKP)
- Atrium Mortgage Investment Corporation (AI)
- Firm Capital Mortgage Investment Corporation (FC)
Q: I understand that you guys don't like this space. I'm warming up to it and would like to take advantage of HCG's collateral damage. Pls rank the above and describe how they fund their deposits. Thanks!
- Toronto-Dominion Bank (The) (TD)
- BCE Inc. (BCE)
- Canadian Imperial Bank Of Commerce (CM)
- TELUS Corporation (T)
- Artis Real Estate Investment Trust (AX.UN)
- Enbridge Income Fund Holdings Inc. (ENF)
- Granite Real Estate Investment Trust (GRT.UN)
- Pizza Pizza Royalty Corp. (PZA)
- Summit Industrial Income REIT (SMU.UN)
- Firm Capital Mortgage Investment Corporation (FC)
Q: I would like to use GRT.UN, CM,ENF,PZA,TD,SMU.UN,T,AX,BCE,AND FC in a retirement income portfolios what do you think. Are there any I should not use.
Jim
Jim
Q: In light of the recent events with Home Capital (HCG) would you have any
concerns with continuing to hold FC ? Joe
concerns with continuing to hold FC ? Joe
- MCAN Mortgage Corporation (MKP)
- Firm Capital Mortgage Investment Corporation (FC)
- Timbercreek Financial Corp. (TF)
Q: I'm aware of the interest rate and housing market sensitivity, but I'm still intrigued by the yield. Are the payouts of such MIC's classified as true dividend income (eligible for the dividend tax credit)?
If you aren't a big fan of these MICs, what would be your top 3 picks for companies with high (as safe as possible) yields (north of 6%)?
Thank you
If you aren't a big fan of these MICs, what would be your top 3 picks for companies with high (as safe as possible) yields (north of 6%)?
Thank you
- First National Financial Corporation (FN)
- Timbercreek Mortgage Investment Corporation (TMC )
- Atrium Mortgage Investment Corporation (AI)
- Firm Capital Mortgage Investment Corporation (FC)
Q: Hello Peter and Staff
Please dock whatever questions you feel are appropriate. I believe HCG is only residential mortgages which caused you to drop it from the portfolio due to recent rules introduced. I also believe First National is in the same boat,ie beaten up because of its residential nature lending to home owners. I guess the CEO was on BNN and said the banks may take 20% of their business. FC and AI and TMC have not suffered the same fate so far. Are they not affected?
Also ,if you were to buy TMC for yield to replace FN, do you buy TMC or TF?
Thanks for all you do
Dennis
Please dock whatever questions you feel are appropriate. I believe HCG is only residential mortgages which caused you to drop it from the portfolio due to recent rules introduced. I also believe First National is in the same boat,ie beaten up because of its residential nature lending to home owners. I guess the CEO was on BNN and said the banks may take 20% of their business. FC and AI and TMC have not suffered the same fate so far. Are they not affected?
Also ,if you were to buy TMC for yield to replace FN, do you buy TMC or TF?
Thanks for all you do
Dennis
Q: Do you have an opinion about FC for an income investor?