Investment Q&A

Q: Of the following stocks please list those that are vulnerable to Trump's tariff threats and a brief reason for that vulnerability ..... Mr Canadian Market may not being taking his threats seriously but I am. My plan is to replace vulnerable Canadian names with U.S. ones ..... Thanks for your terrific service ......
WSP,TFII ,AND ,BN,BIP.UN,EQB,SIS ,WELL ,ENB,HPS.A,IFC,GSY

Q: As Trump’s inauguration approaches and our government falters it appears increasingly likely that the risk of tariffs is not zero. Yet Canadian markets don’t seem concerned. Do you have any guidance current Canadian equity holdings? The answer to these problems is usually to do nothing but it looks as though there is potential for serious market disruption.
Within your portfolio recommendations (my largest would be Tfii, gsy, shop, mg, byd ) do you see companies that are high risk of significant harm?

Q: Hi 5i

Please as many questions as needed.

I am heavily invested in stocks and want to raise cash, putting more money into bonds. I have about 10% in Canadian oil and gas, 5% gold stocks, and about 13% in uranium stocks. I am going to hold my gold and uranium.

What allocation would you suggest for a retiree in terms of portfolio holdings of gas and oil?

I am concerned about the possible coming tarriffs and the effect on the Canadian ecomomy. Most of my holdings are Canadian. A lot of these are in dividend stocks. I have held them through the past few years but I do need to increase the allocation to conservative investments. I plan to reduce most by about 20% or consider outright sells. I currently prefer to reduce downside risk than worry about the upside.

Can you help me decide from the viewpoint of possible tarriffs and effect on the Canadian economy which are at risk the most. Could you class these as hold, reduce or sell. I will hold all my U.S. stocks which are about 15% of my portfolio and haven't listed those here.

Thank you for your very helpful advice.

Q: I hold BAM, BIP.UN, BIPC, BEP.UN, BEPC and BN in a non registered account. For September and December dividend payments, I noticed that a withholding tax was applied to BIP.UN. For tax purposes, would any of the 6 stocks listed be better off in a registered account?

Q: Hello 5i, Could you comment on the Transmountain Pipeline as to the price that they are getting on there oil shipped from Burnaby BC. I see the oil is sent to Asia and the USA. Is the price the same for both buyers and how does it compare to Brent oil as the idea of the pipeline was to get world price for Alberta oil. Also how do these oil prices compare to oil shipped to the USA from Alberta to the USA by pipeline and Rail cars.

Q: Hi, I live in BC where the above companies were just awarded 3 wind projects each totaling about 550MW with 30 year electricity purchase agreements from BC Hydro. (First Nations will have at least 51% ownership of the projects.) Both companies pay a good dividend, but seem to have seen better days. I am just wondering whether you answer questions about companies this small and if so what do you think of their current state of affairs and prospects for the future?

Q: Happy new year to all of 5i thank you for all your support over all the years it’s great having such a great team on my side. When it comes to Lilly being down 20% from the high last year is it a decent time to pick up a 1/3 position? (new position and analytics says health care is short)

Q: I have owned Chubb for a few years and have done well. Lately the price has been declining. What is the reason for this and is this opportunity to add more to my position.

Q: In the past when I've been down 35% on a stock it was easy to know why, ADF Group has me a little puzzled and am considering throwing in the towel. Thoughts please.

Q: Hi 5i, can you give me the names of 4 or 5 large cap pharmaceutical companies that are buyable now. Also I'm looking for 4 or 5 Biotech companies with one drug in the market making money and maybe something in the pipeline that looks like it has a good future? for example TGTX.

Q: I currently own both the above and both are winners for me at this point. The PE's are
about the same but CNQ dividend is higher and is a much bigger company. What do you think about selling TVE and buying more CNQ? Is the % growth potential of TVE greater than that of CNQ? thanks and happy new year to you and the whole 5i crew. I have done quite well by reading all your answers every morning, Much appreciated.

Q: Can you give me your updated thoughts on Evolution Gaming? The stock keeps getting cheaper, and it has some good fundamentals but a few issues they are dealing with. Do you see this as an opportunity of falling knife? Thx

Q: I realize this is quite Apple and oranges. In a taxable account I have held J&J for a long time so have a nice gain. Not much growth happening right now. Your thoughts on a change to CNQ for a better dividend and more growth potential? Thank you

Q: Peter and His Wonder Team
I have followed this company for some time and considering wether I should buy it. I think it is inexpensive but not sure if it is a value trap...if you know what I mean and I know you do. Please give me your opinion on this company and what is the risk factor! Thanks your expertise is always helpful in my decisions.

Q: Hello,

Both these stocks are falling quite considerably. I do believe they are both great businesses. At what price would you consider them “on sale” based on there historical metrics ?

Q: What would you buy in the BE portfolio with new money today, leaving aside weight considerations--what looks good? Thanks!

Q: With all the noise around Mr. Trump I’m thinking your
Canadain dollar could take a beating.
How could someone hedge against this possibility,I
Have been buying two etf’s zmid and vfv thinking that if the cad goes down these two etf’s will go up ?
Thank for the help
Sam

Q: NXE

Faced with higher costs up 70 % concern of their sponsoring FCI Racing Is it a hold or Sell ? RAK

Uranium and Nuclear still looks Good Rak

Q: Good day and happy New Year to all the 5i staff. This is my first, and hopefully last multi stock question.

I am really beginning to take Trump seriously about tariffs. His reasons don’t hold up, but I believe he has unstated reasons of his own for wanting to do so. I don’t usually jump quickly but I have a bad feeling and am thinking of selling some Canadian holdings and buying US. I am wondering what you would think of this?

Even if my fear is justified, though, some of the stocks I am considering may do well under Trump’s regime, anyway. The above stocks are the ones i am considering and i would appreciate your views on whether they might do alright under Tariffs? Any other Canadian stocks you might think will react particularly badly?
Thanks for your great service

Q: Currently my entire allocation of money market funds is in PSA which currently pays just over 4%. However , rates are dropping in Canada. I am considering moving all my money market allocation to ZUCM which appears to be an American dollar money market paying over 5 % . I believe rates are less likely to decline in the US.
Do you like this strategy ?
Do you prefer a different American dollar money market account ?