Q: I don't mind this ETF's strategy, and am attracted to the underlying ETF's dividend tax-credit eligibility, but the issuer reports AUM of less than $5M, which suggests poor liquidity, if not trading-by-appointment. Is there any reasonable argument for overlooking this weakness - for example, that domestic large-caps just aren't likely to appreciate by much over, say, the next twelve months?
Q: Dear 5i,
In regards to Horizon's ETF; HBB.TO
There web site says the MER is 0.10% and the swap fee is
no more than 0.15%. Does this mean that %Gross Total Return gets
reduced somewhere between 0.10% and a maximum of 0.25%?
Are they any other fees other than trading fees I need to be aware of?
Q: Office reits are trading at considerable discount to net asset value. Are there any Canadian Office Reits you would recommend at this time. One criteria would be low levels of leverage.
Thank you.
I was considering parking US$ funds from my brokerage account in SPRXX (FidelityŽ Money Market Fund) or VMFXX (Vanguard Federal Money Market Fund). However, I am given to understand that Canadian citizens cannot own US mutual funds. (Thank you for the guidance!)
Is there something else that you can suggest for US$ in lieu of these? How do they compare to Canadian ETFs CASH.TO or PSA.TO in terms of safety etc?
Q: Rick Rieder from Blackrock posted that fixed income is setting up for generational returns. Also "on a relative valuation basis, stocks cannot be considered the cheaper asset". Would you agree that its shaping up to be a big opportunity to buy fixed assets, and if so what tops your list? Thx
Q: I am debating between Costco and Siemens for a roughly 2% position. I have slightly more Consumer Discretionary versus Consumer Staples exposure, but I feel like I have decent expsoure to each. Costco interests me as potential long-term holding with a track record of consistent success; Siemens interests me for its broad exposure to all things technological, including the fields of automation, medicine, power distribution and electrification. I could ultimately buy each, but I only have enough free capital to purchase one of the two at this moment. Using the criterion of a five-year time horizon or longer, which would you deem to be a more prudent investment?
Q: Everyone, when to sell stocks? My theory is to buy the best of the best stocks and keep them forever (AAPL, AMZN, MSFT, NVDA, SHOP), over my investing career of thirty plus years. But I have had a few problems (LSPD ). Usually they are growth stocks that dont continue to grow. If you have a suggestion(s) for triggers to sell a stock I would appreciate those ideas. Clayton
I currently hold XLE in my US Non Registered account and am considering taking profits now and adding an equivalent amount of XEG in my Cdn Non Registered account.
Notwithstanding the capital gin tax implications, do you think that the Canadian Energy sector offers better potential returns than the US Energy sector should Oil prices go to $90 and above and if so what would be your best idea in the Canadian Energy sector?
Q: Thinking about selling Crew as I think natural gas will continue to be weak for a few quarters if not years. I'm hesitating because I wonder about the value of their tax pools to other firms. Are there any Canadian oil and gas firms that will be taxable in the near future that might look to acquire companies with large tax pools?
Q: Saturday morning on CBC Mark Warner warned viewers not to be too overconfident about Canadian banks compared to US banks. His reasoning was that Canadian banks have been buying banks in the US.
As I am a holder of Canadian banks this has me concerned. I was wondering if you could shed some light on his comment and which banks might be at the most risk.