Investment Q&A

Q: Please ignore my previous question . I accidentally hit the send button before I had finished editing it .......Here is the same question after editing .......

I've been enjoying the amount of option related dividends going into my account monthly. I call it Taco investing . Trump announces something stupid and then backs off . This creates volatility in the options market creating higher option premiums . What I have ....

GDXY ...... 9% position .

SLVO ...... 3.2% position

HPYT ...... 3.79% position

HYLD ......6.72% position { the lowest yield at 11.2% } May replace wtih SDAY or start a new position .

I'm looking to increase my exposure to " honking big dividends " in the 14% or better category .... My shortlist includes UMAX { 14.83% yield } and ECAT { 22% yield } I realize the higher the yield the higher the risk.....But could 5i give me three names other than the two mentioned above that you think are interesting at 14% or better and three you find interesting above 18% ..... Accompanied by a brief comment on the risks ........ I used the word " interesting " as opposed to " what 5i likes " to reflect the associated risks of high yield investing ......Thanks for your terrific service .....

Q: Retiring income investor. Do you have a preference between ZWH and HYLD? HYLD has a significantly higher yield but not sure if I'm missing something as far as risk/stability or fees. Also, would you have a concern holding both VFV for growth as well as HYLD for income?

Q: I have a sum of money lying in a savings account earning neglible interest.
I would like to invest this money in some sort of interest bearing etf or portfolio.
My options would be to invest the money in:-
1) 5i Research Income Portfolio.
2) Hamilton ETF's HDIV and HYLD. I would put equal amounts into each ETF My thinking is that HDIV would give the income yield and HYLD would supply the growth.
I already run your 5i research Income Portfolio which I could add to

Q: HYLD will be starting to trade Feb 7 on the TSX and they are planning to offer a huge 10% yield. It will use a similar strategy to HDIV which invests in an equal weight of covered call ETFs and levered 25%. Any thoughts on both for income?

Q: Peter and Team,

I was curious on your thoughts on the HYLD ETF managed by Peritus. Tim Gramatovich seems like a smart guy with a cautious approach. The yield on the fund is high (approximately matches the yield of the bond/loan book based on a cursory look) and it appears that one would make some money on this holding for the last while considering the NAV and the yield. Your thoughts and a quick confirmation of what you see as the total annual return of this ETF for the last few years would be much appreciated! Looking back 5 years, it looks like the NAV of the ETF got hit pretty hard by the High Yield crisis that was going on a few years back.

Thanks,

Marc