Investment Q&A

Q: I hold a full position of KKR which share price has fallen significantly from the January high. I am unable to find the fundamental reasons for the price weakness and started to doubt my original reason to own the stock.
Please kindly advise if I should continue to hold or sell for tax loss harvesting. Thank you for your great service. Bill.

Q: Is there a "safe" way for Canadians to invest in Chinese companies either with ADRs or ETFs?

Do you have any specific recommendations?

Q: I am looking for tec in the smaller size high growth. which would you prefer qbts or ionq

Q: In an effort to balance my portfolio, I’ve invested in both short-term (XBB, currently +0.9%) and long-term (XLB, currently -2.74%) bond ETFs, all held within a registered account. Despite these being commonly recommended by industry analysts for portfolio diversification and stable returns, I’m seeing losses across both and finding it difficult to understand how to generate positive returns from bonds in the current market environment.

Given this, I’d appreciate your guidance. Should I consider:
• Selling XBB and XLB and moving the funds to a high-interest savings account?
• Adding to my bond holdings by including alternatives like XSB or VAB?
• Holding my current positions and staying the course?

I’m open to adjusting my strategy but would value your insight on how best to approach bond investments right now.

Q: Hello 5i,
I have read the Q&A around the proposed u.s. tax changes and am unclear as to whether or not holdings within registered plans (LIFs, RRIF's, RRSP's, RESP's(?)) are impacted, or if they retain their current, somewhat protected, status. I am assuming - perhaps completely incorrectly - that the questions asked have been referring to non-registered investments, but that - knowing Trump, registered plans will take the hit as well?
One thought would be - upon finalization of the bill, in whatever end form it finally takes - for 5i to write a report on the impact to Canadian investors once the dust has settled and the ramifications are known.
Many thanks, as always!!!
Cheers,
Mike

Q: With so much media attention recently to the Middle East do you see investment potential there? If so is there one or 2 companies listed in the USA that you could recommend? Alternatively, perhaps you could suggest an etf.

Thanks

Q: Dear Peter et al:

Thanks for your consistent endorsement for both these spin offs of the Mothership, CSU. I don't have CSU. But do have these two darlings which have paid for more than a few years' worth of 5i Subscriptions :)

If one were to add new money, which one would you choose? LMN or TOI. Or take a sensible middle of the road decision, divide the money into equal halves and put it in both? These are in my low risk bucket!

Q: What might be a good entry price for these? Thx

Q: How would you rate buying these growth stocks today for a 3 -year hold?

Amzn, goog, VHI, PRL, CLS , HPS.a , GLXY, VHI, FOUR, ROAD , CRM, CLBT

Q: Do you think the takeover price for IIP, announced today, is a good price? The stock is (at the moment) selling at or a bit above the offer price. Apparently the bid can be increased by another buyer, so should I sell or should I wait?

Q: Hi All at 5i!! A young friend is starting to invest in his TFSA. He has a long time horizon. Basically, he wants to just put the money into the TFSA and let it grow until retirement in an uncomplicated manner. (IOW no individual stocks). If you were to suggest an ETF, would VFV fit the bill, or would he be better off investing in a more structured ETF which encompasses several markets (US,Canadian etc) and a small bond holding as well?. What would you suggest?


Cheers,
Tamara

Q: Hi 5i, I am looking for some new options for relatively conservative, monthly income funds. I would prefer no leverage and no return of capital. Over the years, you have mentioned these three funds (ZMI, XTR, FIE). Are there any new options that you would add to this list? Have the fundamentals changed on any of these three that would cause you to no longer recommend them? Thanks so much.

Q: Gentlemen; Is this an attractive entry point for ATS with the settlement of their outstanding receivable?

Q: I'm presently under water on these stocks : could you please, based on potential growth, list them as hold or sell ? Looking for faster returns ?

Q: What is your opinion of this ETF ? Is this a good option to have Large Cap Equity exposure to European Large Cap equities ?

EUZ is up about 24% YTD. Do you see more upside to it, considering current geopolitical and trade uncertainties due to US administration policies ?

Would consider it as a good long term holding to add for diversification ?

I like its Sector breakdown as the largest weight in Financials, Industrials, Technology and Consumer Discretionary at 24%, 20%, 12% and 12%, respectively. Your comments, please.

Thank You

Q: For fun, a year from now what order will these stocks be in based on price appreciation, would your answer change if it was a 3 year term?

Q: Hi,
Having read a lot of Q&A s on both these stocks, I know you still support a Hold position and bit cautious because of tariffs drama but not too worried about the management or long term prospects of either company.

My question is this. I have GSY and understandably now I am down. I was up a while back before it trended down. However I did take the profit in PRL! (Lucky me!)

Should one sell some of GSY and buy with that money a position in PRL now? To hedge one's bet in that risky lending domain? Or add to GSY gradually and wait? If I am right in interpreting your answers, you think PRL has more potential for faster growth and rebound than GSY. Hence I am contemplating on such a move.

Many thanks in advance.

Q: The impending big ugly Republican bill is supposed to increase the witholding taxes for Canadians, on certain companies.

According to the Globe ("Trump’s new bill threatens major tax increases for Canadian companies", by Clare O’Hara and Rudy Mezzetta, May 22, 2025), this would include, "Canadian corporations that receive dividends from U.S. subsidiaries" and "Canadian individuals who own U.S. securities directly". This tax would rise to 50 percent from 5% and 15% respectively.
Though I do not depend on dividend income, I do own a couple of securities which I am wondering about:

Brookfield Corp: A company based in Canada but which is trying to become based in the US. Though this has a small USD yield, would it be affected?

Purpose US Cash High Interest ETF: This pays interest in USD on USD but is a Canadian company. Would this interest be affected by this bill?

Can you name some companies in particular that would be hit hard by this?

Lastly, I wonder if our pension plans, like CPP, HOOPP, etc would be affected significantly and how would they respond? Any insight on that?

Thanks as always.

Q: Looking to open a position in one of the 2 listed companies or others if you have any to recommend. Long term investor with 0 exposure to the real estate sector in the portfolio yet.

Colliers growth projections and better valuation along with positive analysts ratings make it more attractive on the surface. However, I know that you have First Service in the growth portfolio, is there something that I'm missing as to why I should choose FSV before CIGI? Could you please give a breakdown between the two and the reasoning behind choosing one over the other? Also open to any other real estate sector stocks that would be a good add.

Thanks again!

Q: Hello Peter,
With the recent announcement of the tax bill in the US where the withholding tax could increase to 50 percent from the current 15 percent, is this only for non registered and TFSA accounts? I am assuming the RRSPs are exempt as there is currently no withholding tax on RRSPs from US domiciled companies.. Thanks for your service.