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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: You recently recommended US/CA equities at 65%/35%. With US ETFs and CDRs I am only at 20% US. I am considering significantly increasing my holdings of HXS, VFV, and HXQ to make up the shortfall of 45% US. Do you see any downside to this approach?
Read Answer Asked by Dennis on February 13, 2024
Q: There are a number of Canadian based NASDAQ100 and S&P500 ETF's. Which NASDAQ100 and S&P500 ETF would you prefer, or would be "best", for a TFSA account, and why? Would investing within an RRSP or in a non-registered account alter your selections and if so, why would that be? Thanks.
Read Answer Asked by Bruce on February 09, 2024
Q: Regarding your very quick response to my question yesterday where you stated "Capital gains are treated the same as Canadian gains, but must be converted to C$ for tax purposes." ZSP is a Canadian listed equity in Canadian dollars so I assume that I will not need to make any conversion when taking a capital gain? If I alternatively buy HXS (or HXQ) will capital gains be treated as Canadian only?
Thank you.
Read Answer Asked by Dennis on October 17, 2023
Q: For tax efficiency in a non registered account do you recommend HXS and HXQ over ZSP and ZNQ. For US dollars do you like HXS.U and HXQ.U.
For a long term hold what are your thought of HXT in this account?
Thanks
Read Answer Asked by Anna on September 13, 2023
Q: Hi 5i Team - Could you provide a couple (or more) ETF's related to the NASDAQ, with a long term horizon in mind. In particular are there any that reinvest their dividends rather than distribute them to their investors. Also what are the tax implications of reinvesting rather than distributing. Is there an ETF that covers all the listings on the the NASDAQ itself. Thanks.
Read Answer Asked by Rob on July 06, 2022
Q: I notice that XQQ does not seem to have the same performance as compared to ZNQ and HXQ over the last week, month and 3 months according to Globe and Mail.

XQQ seems to track the NASDAQ or QQQ "better" .

Can you help me understand this please.
Read Answer Asked by Ernest on January 20, 2022
Q: The above is for a long term hold in a non registered account.

1.Please provide a break down of MER, AVERAGE TRADE VOLUME daily or monthly, Assets under management (is this the best indicator of safety)
2. Are they all tracking the nasdaq 100?
3. What are the differences between them? (I believe them to be unhedged purchased in Canadian dollars)
4. What should influence me to purchase one over another?

thanks

Ernie
Read Answer Asked by Ernest on January 09, 2022
Q: We have set up a RESP for our new grand daughter, we are looking to invest in a growth ETF. Considering the unsettled markets at this time would it be advised to invest in a ETF like HXQ or would you have some alternative suggestions
Read Answer Asked by Gord on December 17, 2021
Q: Good morning,
I'm looking at adding a QQQ equivalent component two my Cdn$ Non Registered portfolio.

HXQ and XQQ are among the ETFs currently under consideration.

Q1. At this point in time, would you recommend a hedged or unhedged Canadian version of QQQ?

Q2. Not limiting yourself to HXQ and XQQ, what would be your recommendation for a Canadian QQQ equivalent?

Thank you

Francesco
Read Answer Asked by Francesco on September 27, 2021
Q: I would like to hold a NASDAQ 100 ETF long term in a non registered account.

1. is there a tax / bookkeeping advantage for holding one of the above over the other? (some websites imply that you have to keep records closely for American dollar ETFs, I believe they are referencing adjusted cost base at time of future sell.)

2. Is there an alternative to HXQ.CA that you would recommend? Or do. you think this is the best one at the present time?

3. Do any of your answers change if held in a TFSA?
4.Do any of your answers change if held in a RRSP?

Thanks
Ernie
Read Answer Asked by Ernest on August 18, 2021
Q: Could I get your suggestions for some $CDN ETFs to invest for a toddler's RESP. I was thinking maybe a split between a tech-based ETF and a general North American-based ETF, but am open to any other ideas. There is not too much in the RESP at the moment, but it does have years to go, so growth is the main goal.
Thank-you
Read Answer Asked by grant on July 26, 2021