Investment Q&A

Q: Hi Team,
I would like your opinion on FMC. The stock is down significantly because one of the key product family is seeing patents expiry-diamides. It probably also moved lower with the rest of the agrobusiness sector-. Do you think it is a good time to take a small position in FMC. I am looking to a 3 to 5 years horizon.

I would also take position in one of the 3 other Cie listed -LIN, CTAS, KBL- due to the fact that I think these are 3 companies that could be fairly resilient in an economic downturn. How would you rank these choices in term of stability and capital appreciation potential ? Other suggestions are welcome!

Take the amount of credit necessary to answer my questions and sub questions!

Thank you,

Michel

Q: Searching for a stable high dividend US ETF for my RRSP. Looking at VYM and SCHD or perhaps you can recommend a different high dividend ETF? VYM has 450 holdings and SCHD 104; VYM appears to have a bit lower P/B and P/E. 10 year return for SCHD is 11.03% and 9.38% for VYM; SCHD also has a higher yield. Thanks for your comments!

Q: TD appears to be in some trouble with both its business activity and its share price. Several questions about TD have been recently asked and the answers have been a bit bland. Can you assess the stock and all that is happening and give your view for the future. I have owned TD for many years but concerned with what is going on. It's not what I expect from a top bank. Just to recap some recent events at TD at a high level - earnings were a bit disappointing, a former employee was charged with drug money laundering and bank employees knew about a probe 6 months before disclosing it. The share price has recently dropped much more than its peers. A recent response from 5i that TD went ex dividend I don't think accounted for anywhere near the drop in price that day. Do you still consider it a top bank pick?

Q: Could you please remind me what size market cap refers to small, mid and large cap companies? Are the numbers different between Canada and U.S.?
Thank you

Q: I have these 3 companies in my tfsa, it what order would you rank them in to add to.

Q: Hi 5i,
My First look at markets in couple weeks and I see BMO is down almost 4.5 % since monday... Anything concerning happening here that we should be paying special attention to...short term/long term.


Thx

Q: Can you suggest some growth ETFs (not necessarily healthcare ) which hold Eli and or REGN please?

Q: Considering portfolio weights are personal, how high of a weight would YOU be comfortable holding CRWD?

Q: I want to add a US small cap ETF and am looking at IJR, IWM and IWN. I recognize that all small caps bring higher risk, but can you please rank these 3 ETFs, with the ETF with the best quality stocks first, ie. rank in terms of lowest risk to highest risk. Does IJR generally hold stocks with higher market caps?
Thanks!

Q: Hello
I guess you knew someone was going to ask this. Of the new 11 spot bitcoin US ETFs newly approved, which three have the lowest MERs and what would your three favorites be and why if you have any?
Thanks
jeff

Q: I've owned this stock for over a year now. It moves with BTC and sometimes goes up and down proportionally and many times moves at a premium to BTC.

Over the last week it has performed very differently to how it has over the past year VASTLY underperforming the underlying asset.

I know all about the company and its holdings of BTC, don't spend time explaining that.

I've searched everywhere and cannot determine why MSTR is so underperforming BTC in the past 7 trading days where BTC has moved very bullishly.

eg.

Currently BTC is up 5.47% and MSTR is up 1.2%

Over the past 5 days BTC is up 9.75% and MSTR is down 8.9%

Can you advise why the major discrepency?


Thanks


Sheldon

Q: I've got these laggards in a TFSA or RRSP, down between 15-36%! I want to dump a bunch (all?) as I feel I've given them enough time to perform and they haven't. Does 5i see catalysts in the next 12 months for any of these that i should keep some?

In which order would you drop them.

Q: You touted this stock some time ago and I have done quite well by it ever since. However, you have not mentioned it lately. Is there any reason to suspect that it will not continue to grow despite it being in what I consider to be a growth area - HVAC both residential and commercial? Or is there another US industrial you feel provides better prospects?

Appreciate your insight.

Paul F.

Q: Hi 5i,
I'm hoping you can give me some advice respecting my grandson's RESP.
I've just drawn out $6300 for his winter semester, and accessed that cash by selling the last of the BCE i had held in the RESP.
The next draw out will be in September, for the same amount ($6300) and there is presently $4300 in cash in the account.
The present holdings are ENB, CM and POW in roughly equal proportions. Between now and September the dividend payments will yield enough cash - when added to the cash presently in the account - to cover the $6300 I'll need to draw out in September, so if I do nothing the cash needed for my grandson's fall semester will be sitting in the account when that time rolls around.
However, I don't like letting the $4300 presently sitting in cash in the RESP just languish there until that cash is needed in September and would like to put it to work until I need the cash in approximately 9 months' time.
Based on the above, can you offer your suggestions about what best to do with that relatively small amount of cash for 9 months? Put it into any or all of ENB, CM and POW to take out when necessary? Or is there something else you might recommend?
Thank you 5i!
Peter

Q: Happy New year to you and your staff !!! A brand new year, a brand new challenge. It would seem that small caps are the cheapest part of the market these days. Would something like CALF be a good way to take advantage of the small cap market without the obvious risk of picking individual winners in this space ?

Q: BEPC seems to have a dividend history of about 3 years so i find it hard to know circumstances under which they'd lower it but i assume it could include climate related factors. BAM on the other hand looks to have reduced (or adjusted due to a spinoff or restructuring, etc) their dividend in 2007, 2014, 2015 and 2020. Then in 2023, it increased by 128%. As the Brookfield name seems to have a lot of cash, it appears that it might be hard to predict when the BEPC dividend could be cut. Would you please guide on how to assess the sustainability of dividend payments for BEPC? Do you think there is much risk of the present dividend being cut? Thanks for your usual market wisdom.

Q: More questions on BEPC
When it launched, it grew rapidly from 07/2020 to 01/2021, then it began a steady decline which seems to have abated in 09/2023. Are there specific reasons that you know of for its 6 month climb and the following 31 month decline? And do you know of the reason(s) for its gradual climb from 09/2023 to today, which looks like the second longest climb since it was launched? I would think there’d be a story but maybe its only known to BAM. I read once in the G&M that one of the downsides of owning Brookfield companies was the complexity of ownership and the difficulty sometimes in understanding the attribution of consequences among the firms.
On 5 Dec/23 you were asked for your top 3 utility pics and replied with FTS, BEPC, H. Would the 3 be the same today and would the order be different?
Many thanks and please serve yourself and the credits -- i don't seem to use them up fast enough !

Q: Another question regarding Martin Pelletier's Financial Post article about using oil to hedge against possible serious geopolitical events:

Would HUC work in this scenario? Please suggest at least three other Canadian-listed oil ETFs that could also work.

Thanks.

Q: Would you own both, or which one is the best value and with maybe less risk?
Thanks again

Q: Tax Q - Are distributions from a money market ETF like ZMMK taxed as income or dividends?

If it's income, are there any tax differences in picking the Canadian ZMMK vs BIL, which is a US name?