Investment Q&A

Q: what is your opinion of manulife's announcement on Dec 22?

Q: Looking to purchase some individual rate reset preferred shares. Looking for relatively early reset dates. Would you be comfortable with: BCE.PR.Q, MFC.PR.J, RY.PR.H, TRP.PR.G ?
Regards,
Robert

Q: I am a little overweight in Canadian financials and worry about the new stress testing the banks will use for determining eligibility for mortgages next year.
Would it make any sense to take a little off the table and buy one of the life co's given expected rising interest rates and if so which of the above three?
Thanks
Jeff

Q: Good morning. I would like to add an insurance company to my income portfolio. I'm having trouble deciding between SLF and MFC. Your insights would be appreciated.

Thanks, John

Q: i currently hold ba and td . i alike them both esp td as my dtr works there!
assuming financials will do well over next few years i like to add another. i gather JPM is good (how diff are they from BA? ) Or an insurance like Manu for their asian exposure.
i am open to other suggestiins

Q: I have become overweight in MFC, and wondering if I should shift some of this investment to SLF. Your thoughts or alternative suggestions to keep in the same sector? Thanks for your excellent service.

Alan

Q: I wish to add one more financial to my portfolio. I already have BMO,BNS,TD. I am considering the above companies. Which one would you recommend or do you think it would be better to just add to the ones I already have? Is there another that you would recommend that I should consider?

Q: I have about 35 % in the above stocks in my TFSA and they have gone up nicely. The rest of my TFSA portfolio is following loosely your income portfolio ( + ZPW, ZWE, ZWH etc). My question is whether I should lower my exposure to the financial sector above?
Do you have some suggestions as to which US companies I could buy were I to sell some of the banks. I bought the US banks for growth as the rest of the stocks on the Can. side are mostly income producers.I already own Alphabet, Apple, Microsoft and Visa in my RRSP.
Thank you for your answer.
Heidi

Q: Would you know what exposure our Canadian insurance companies have to the Hurricanes in Florida and Texas? How much of their P&C and reinsurance business is in the southern US?
Thanks

Q: Hello Peter,
With the increase in interest rates, i was expecting Sunlife and Manulife to go higher but they have dropped. Any comments? I want to increase my weighting to 5 percent for Enbridge and Alimentation Couch Tard but both stocks are not responding well eventhough Alimentation had good results. Would 5 percent be too much? Also, if you had a choice between fairfax africa and india, which one would you prefer and finally, I was thinking of Jean Coutu for a 5 year hold. Can you see it doubling in 5 years? Lastly, all the stocks that the shorts went after have not really recovered (CXR, HCG, CRH, etc). What does this say about the analysis that was done by various managers including ones on BNN? I am not blaming anyone but it is discouraging that the shorts were right. Thank you

Q: Can you explain the recent weakness?
I would like to increase my position size and wonder if this is a good time. Thanks.

Q: Admittedly the BoC only raised rates yesterday, but aren't lifecos supposed to do well in rising rates environments? Anyway, where do you this sector going over the next 12 months? Thank you.

Q: Manulife Class-action has a settlement amount of $69,000,000 to be distributed among shareholders past and present April 1, 2004 to October 9, 2017). It has 2 billion shares outstanding. I have 350 shares which I have held for five months. Since the shares are in insurance company, pension fund, ETF and mutual fund portfolios, is it worth filing a claim. I predict a payout of less than $10 (if any) as many shares have been sold in the 13 year time lapse.

Q: CAE seems to be going thru a rough patch lately, any thoughts? Also looking @ MFC,
what in your opinion would be the best choice between the two?
Thanks: Jerry

Q: The 8% gain of the Cdn dollar over the past few weeks could have a huge impact on stocks like NFI and others in a negative way.
With the Cdn dollar on a terror lately what sectors if any would stand to gain from this currency move and what would be two individual stocks that you think could gain by the US/Cdn exchange rate moving closer to par.
Always appreciate your perspective.
Thank you
Terry

Q: bought 2500 shares at back in February at 15.75, the yield was 3.8% when i bought and currently have about 2700 in cap gain, should i sell or hold or add more, its only about 2% of my portfolio.

Q: Hi, with the rise in interest rates, I was expecting to see a bit more of a bounce in SLF and MFC. Currently, I have a 1% position at a much lower entry price on SLF, and about a 4.5% position in MFC. Would adding more SLF here for a longer term hold now that rates have moved up here make sense? The entire portfolio is pretty well diversified and I have time on my side.

Q: I am helping my 65-year-old mother reallocate about 20% of her growth and income portfolio in collaboration with her financial advisor; the major move is to decrease the very large position she has in bank stocks. For most of this chunk (17% say), her advisor has suggested an even-split combination of the following (in light of the interest rate hike, and to provide additional dividends): Telus (T), Pure Multi-Family REIT (RUF.UN), Slate Retail REIT (SRT.UN), Power Financial (PWF), Manulife (MFC), and Altagas (ALA) (in anticipation of the potential WGL acquisition). Would you replace any of these (and if so with what)? Would you give greater weight to any? Thanks!

Q: Hi,
I currently dont hold any tech or insurance companies. The rest of my portfolio is fairly diversified. With the recent tech pullback and also rumors of rate hikes where do you see as being a better long term investment? I like to think in terms of at least 3-5 years. All drips available will be used. Currently I have one full position worth of cash available. Am I better do you think to put it all into one or split between some? Do you see somewhere better to put the dollars to work?
Thanks

Q: Hello 5i Team, I would like to reduce my financial sector holdings from the current 19% to 15% or less, mostly as a defensive move against the potential of a sector "down-draft". Currently hold POW-2.0%, IFC-3.0%, MFC-2.5%, and BNS,TD,and RY at 3.5% each. I am leaning towards eliminating POW and trimming each of the banks to get to the target (income from POW is great but also the only one I am underwater on and I'm not a huge fan of income at the expense of loss of capital), but I also know you don't feel the need to necessarily hold 3 banks so could just sell RY and call it quits. Trading fees not a consideration. Would appreciate your thoughts as always,

Regards