Investment Q&A

Q: I am currently moving some of my portfolio from stocks to ETF's. I want only a plain vanilla flavoured portfolio. I have been going through your questions and answers regarding ETF's, and given the diversity of situations and dates, I am getting a little confused. i wonder if you could suggest the best for broad canada, broad U.S., and international?
thanks

Q: Hi Peter,
DBA is actual agricultural commodities while COW is companies involved in agriculture. Any Canadian listed company closer to DBA than COW ? Thanks.

Q: Hi folks,please comment on 2016 guidance of Vrx announced today,Eps of $6.60 to $7 puts it in P/E of app 4x which seems pretty cheap. Am I reading the figures right or do I have wrong.Papa says most divisions working well. Is stock a buy,hold or sell. Thanks as always,jb

Q: I enjoy your reply to our questions very much and feel time to have your option about my holding for VRX ,CXR and AGN.specially about VRX which I have 700 shares. My healthcare mutual fund seems not performance very well. Should I hold ,sale or buy more?Thanks

Q: I currently have 6 oil and gas stocks in a well diversified portfolio (PEY,RE,SU,SGY,TOU,WCP) and would like to high grade the list to 3-4 names by either selling some or all of them and replacing them with other names if necessary. What would you suggest? Thanks and keep up the excellent work.

Q: Can you give me your overall view of VII Seven Generations and if you would consider it a good buy at this point. If not one your favorites where would you put money in this sector. 3% of portfolio. Thank you again. Maureen

Q: Well, the mining stocks are way up again today, and some analysts are talking about a bull market in commodities. I hold gold and oil only. Would you advise venturing into any of the other commodities? And if so which and what company?

Q: Hi, I don't understand the signfificance of todays press release, since they talk about different share classes? Did the founders just sell a lot of their inside holdings? I'm a bit nervous since phm founders dumped their stock - is this at all a similar situation?

Q: Hi there

Do you think the recent drop in Peller has anything to do with Constellation looking at listing their CDN wine business?

Q: Hi guys, I just wondered if you had any idea what caused the 10% downturn today? Thanks!

Q: I do not have any of the stocks in the growth portfolio but I am considering to do so and was wondering what the top three stocks are that you would recommend. With thanks, Bill

Q: I don't have a lot of tech exposure in my portfolio and am looking to add. Which of the tech companies in the model portfolio should an investor start buying at this point if you could only buy two? Thanks

Q: I'm wondering your thoughts on the large $800M+ offering today. Was debt an issue for them, causing concern for the market, or do you think they are eyeing a large aquisition? Overall, do you see this as a net positive right now?

Q: Matt's question about the U of T pension plan also sounded to good to be true to me so I looked on their website. The pension does not provide the value of the full salary, but rather what I've pasted below from the website:

1. Highest Average Salary/Wages is the annualized average of your highest thirty-six (36) completed months of
salary/wages, while a member of the Pension Plan, during your current span of employment with the University, prior to
your Early or Normal Retirement Date. “Salary/Wages” means your gross regular monthly salary before deductions,
annualized to 12 months for sessional employees and to the 100% salary/wages equivalent for part-time employees. “Gross
regular monthly salary” includes Academic Administrative Stipends, but excludes all other payments to a maximum salary
limit set out in the Pension Plan, currently set at $150,000.
2. Average Canada Pension Plan Earnings Ceiling is the average of the Ceiling established by the Federal Government for
Canada Pension Plan purposes during the last thirty-six(36) months of participation in the Plan prior to your retirement.
3. Pensionable Service means the total of all of the years you have been participating in the Plan, and any earlier University of
Toronto Pension Plans during your current span of employment (excluding participation in the historical part-time Pension
Plan prior to July 1, 1987). Effective July 1, 1987, part-time employees accrue pensionable service at a rate equivalent to
their percentage of full-time worked.
Your annual unreduced pension is calculated as:
• 1.6% of your Highest Average salary/wages up to the Average Canada Pension Plan Earnings Ceiling
• 2.0% of your Highest Average salary/wages which exceed the Average Canada Pension Plan Earnings Ceiling
• Multiplied by your years of Pensionable Services
The lower percentage app

Q: At what price would EXE start looking attractive to you guys ?

Thanks,
David

Q: in michael's blog today what is CAGR? please try and give definitions for any acronyms.
thanks.

Q: I know this one is not your favorite in the category, but it is well off its high, and starting to look interesting. I don't see any news to support the drop over the last few days - are you aware of anything?Would you consider initiating a position in EXE at this time, to be held primarily for income (I have held Sienna for several years)?

Thank-you

Q: The stock has been dropping last a few days. Do you have an idear what happends on the stock?

thanks.

Q: ANYTHING TO ACCOUNT FOR TODAY'S SELLOFF IN FCZ?

Q: Savaria is dropping almost 4% at mid-day and I am wondering if the 5i team considers this to be the "normal" volatility for this type of small-cap investment?

Or, is there news today that would explain the price movement?

Looking forward to your informative insights!

SGR