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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: Gents (time to add a Lady?) Would this be a reasonable addition to a balanced rrsp portfolio for a bit of aggressive yield at these depressed levels - could you quantify the return of capital that would reduce cost base ie if held for say 2 years and the share price stays flat what erosion in share value would an investor who sells at that point incur - thank you - Ken
Read Answer Asked by Ken on December 12, 2017
Q: Would you revise your opinion of this etf? On October 3, 2016, 5i wrote, "We note that 15 years ago the share price was more than $26, and capital distributions will continually lower NAV over time."

While share price is still only $17, it is paying nearly 10% dividend consistently since 1999 and the share price has increased 40% since the advice was given. I like that it holds mainly U.S. banks. Thank you for your opinion.
Read Answer Asked by Jerry on August 02, 2017
Q: Income Financial Trust pays a 12 per cent on its basket of financial holdings, and its share price is currently some 27 per cent over NAV. My question: its 2015 tax form indicates that almost all of its payout consists of return of capital. Does that mean that investors in INC.UN are just repaid their own money, and NAV will get reduced significantly over time?
Read Answer Asked by Kurt W on October 03, 2016