Investment Q&A

Q: I am putting together an ETF portfolio for US and Int'l exposure. I am looking for ETFs with low mgmt fee and diverse holdings so the returns will not be influenced by a few holdings. I also prefer ETF that's hedged to C$, if available.
Please provide recommendations for the following categories. Many thanks.
- US broad market
- US dividend appreciation
- US sector etfs that are likely to outperform in 2016-17
- broad market European Developed countries
- Dividend appreciation for European developed countries
- Broad market Emerging Market countries
- Dividend appreciation for emerging market

Q: I've been holding this stock and I'm now down 60%. Time to move on?

Q: Can you please explain what a hedge fund is? And what value it adds to ones portfolio. How does it correlate to stock performance? I was looking at adding the ETF HHF to my portfolio as a 5% holding. This would be to add a little more safety with something other than bonds. Would this make sense?

Q: I was wondering what your thoughts are on entering BDI for a ~5 year term. How is it's dept and valuation? Also you published a report in 15jan2015, Will you be publishing an updated report soon?

Q: I am looking at CAT in US which is down but always seems to come back strong. I have bought and sold it a few times for decent profit. Do you think the wait will be extra long this time or have other concerns? An alternative could be CBI which took a beating lately but seems very strong with a pipeline of orders. Do you think the worst is over and it has much upside?

Q: Hello 5i team,
There is a lot of talk about deep discounts inflating auto sales in North America, thus suggesting a peak in activity.
What is your take on this ? I hold a little LNR and a little MG (3% of portfolio) and was thinking of adding a little XTC (another 1%)
Thanks,
Antoine

Q: I own a few rate reset preferreds that I should have sold a long time ago but didn't because I thought all the downside was already priced in and they are paying high yields. Hah! Was I wrong about the downside. Anyhow, I own BRF.PR.A , ENB.PR.N , and PPL.PR.E. These are now priced at 14.25, 13.91, and 16.85 and yield 6.3%, 7.5%, and 6.4% at the current prices. Their face values rose quite a bit in the market upswing on Friday so they seem to be affected by the overall market sentiment. What would be your advice on what to do with these now? Also, I own some CPD which is yielding 6.4% at 11.60. These were all supposed to be part of the fixed income part of my portfolio but have done worse that most of my equities.
Thanks!

Q: Hi Peter and team ! I hold a little bit of capstone mining company, and even though the commodities have fallen on hard times, I was wondering if Capstone's balance sheets warrant me holding on to it until things perk up. Thank you for all you do! Cheers, Tamara

Q: I have read recent article about currency regime change and one of recommendation is to stay diversified. Are there any diversified model/income/etf portfolios recommended or published by 5iResearch?

Q: Does the dividend on this pref. look secure, for a hold, at ~11%?

Q: Peter,I raised some cash recently(not that I was fearfull of the market),but there looks to be an opportunity to pick up some Blue Chip stocks with enhanced yields!I recently purchased ALA,IPL and already own AQN and 3 or 4 apt. reits.I soon will be 63 and I will need some income from my investments in a few years,so I view this as an opportunity.First of all do you concur,and if so any Blue Chip names with increasing dividends that fit this strategy

Q: Is BDT a good place to put money?
The dividend looks good but is it a true div. or a distribution? (they call it a div)
Thank you
Lillian

Q: Do you have any information on this company, prospects, value, risk, potential. Thanks

Q: What is the reason for this stock to be on a continuous downward spiral. What will make this stock go back to the highs of 24 or higher where I unfortunately bought it. Also can you comment on PNT (CPI Card group) as they have released at least one quarter of their results. Thanks

Q: Your opinion is appreciated, many thanks.

Q: Hello, thank you for great service! I made good money after split and now I am thinking is CIG & FSV are still keeping good potential to grow? I have them in my TFSA portfolio. Is it good time to sell and to invest in some potentially faster growing names?

Q: Hi, I have owned this stock for a long time and I highly respect Marc Leonard's disciplined approach to growing Constellation to a CAD$ 11 billion company over years. However, since late 2015 and more recently in past few weeks, stock appears to show signs of exhaustion. After reaching a high of $595, a few times in 2015, stock price seems to be range bound between $495 and $525, with a day time low of $485 during January 18 market sell off. I do not wish to reduce/sell my position, but trying to figure out why this stock has been a laggard, recently. Even on the days of market rallies, while many good stocks (several from portfolios) have shown strong bounce back, price action of CSU has been only lukewarm, at best. Do you believe market is grossly underestimating its potential and stock is very underpriced at current levels? what is the short interest in the stock ? Any other comments will be most appreciated. Thnaks

Q: Recent downturn the health stocks went down farther than the average other groups. In fact, CXR went from $57 to $38. Now with this rebound, the health stocks seem to be lagging including CXR. On my I-Trade account, the most recent update with CXR in January, they have it listed as a sell. Prior to that, they had it listed as a buy. Do you know why this stock is underperforming considering it's been a pick of BNN several times and is in your model portfolio?

Thank you. Your answer will be well appreciated as I have a fair amount of CXR.

Dennis

Q: My question is about valuation. The stock is down about 40% from its highs adjusted for exchange which seems mostly due to poor results in the last quarter. The company is in multiple real estate type businesses, there's a lot of moving parts and non-producing development properties and, while the story seems attractive, I wonder how, with all the stuff going on with this company, you go about estimating future performance well enough to get to a valuation and rating.

Q: I have a decent holding in this co. and read your recent comments on Stella-Jones. There appears to be no logical explanation to sharp drop in stock price from a high of $54 to a low of $41.50 within a span of 4 weeks. Even on market up days, stock's advance is fairly muted. I feel that 20% decline could not be entirely market related. My suspicion is that market is punishing the stock due its association with railways. What percentage of its business is from railway ties? Utility polls business should be stable ? Is there a large short interest ? How is its valuation on current and forward basis? Do you believe it's an excellent time to add at current levels? Thanks