Investment Q&A

Q: Hi group are BYD.UN and CSU both showing some weakness due to falling US dollar ( I think ?) - (please do not tell me how much they are up on the year- I already know that) . My question is it a good time to add or wait until the US dollar stops dropping. Do you have an opinion on US dollar weakness going fwd. Thanks

Q: I am showing an increase in debt from 30.1% of capital last October to 51.86% now with CSU. Does this agree with your numbers and would this be of concern to you?
What do insiders now own in CSU? Thanks.

Q: I’m looking to hold not more than 8 names that you think I could keep for a multi year timeframe.I am not especially looking for income....just the very best quality total return prospects .Names could be American or Canadian and multisector

Q: Hi Peter, Ryan, and Team,

In our combined portfolio (RRIF, RRSP, TFSAs, and non-registered account), we are underweight in Information Technology. 5i's latest recommendation for this sector's weighting is 15%, but we are at 13.4%.

We hold these stocks/ETF followed by their weighting:
CSU: 5.67%
ENGH: 2.38%
KXS: 1.09%
OTEX: 2.50%
SYZ: 0.92%
XIT: 0.91% (We use it to park cash as it's a commission-free ETF for us)

My wife has a preference for holding dividend payers (even a small dividend) in her RRSP. In her RRSP, she holds a 1.51 % position in CSU, and the full 2.38% of ENGH. In order to increase the IT weighting to 15%, she needs to invest $19,500. There is sufficient cash in her RRSP for this purchase. What course of action would you suggest? Should she top up her position in ENGH? Or should she start a new position in ET or OTEX?

Please deduct sufficient credits for this rather convoluted question. Your guidance is very valuable to us.

Q: Looking to deploy this years tax return in my TFSA. I'm lacking tech investment. Looking for long term growth (10+ years). Could you recomment top small, mid, large cap in Canada.

Q: It was noted in the recent quarterly release that Constellation has "lowered the hurdle rate for deals of $100m or more". Does this mean that the company will accept/expect lower rates of return on these larger deals? If so, will this not reduce the profitability of those deals and finally, does this imply that CSU has indeed started to "hit the wall" in terms of growth? I hope I am wrong as this has been (thanks to 5i) one of my best investments!

Appreciate your insight.

Paul F.

Q: If you already had a 3.5% weighting in OTEX and none in CSU, now that earnings have come out, would you add to OTEX up to 6% weighting or start a CSU position instead?...& please explain your preference and if quarterly results hadn’t just come out would you have made a different choice.
Please consider that I am looking to hold for 5 or more years.

Q: I need to reduce my tech holdings, especially over the top with SHOP, but not complaining. Would you please give me your best momentum stocks, Canadian or US in any sector other than tech? I can tolerate some risk. Many thanks.

Q: Please comment on the earning release of these companies.
Thanks

Q: Is there any clear explanation to Constellation Software's miss on their Q1 eps number?

Thanks

John

Q: Top 4 stocks for my 18 year old son just starting to invest with a long time horizon
Thanks Terry

Q: Your thoughts on CSU? It's the largest holding in the Balanced mandate, is expectation to trim at these levels? What's your outlook?
Thank you

Q: Could I please have your earnings expectations for Constellation Software. Thanks

Q: Hi guys, thanks for the excellent service and continued improvements. I find the new Portfolio Analytics section very helpful. Long winded question here so please deduct as many credits as you see fit.

I am overweight in tech, at 40% overall. I have 40% tech in both my RRSP and TFSA.

The biggest names I have are AAPL 9%, TEAM 6%, and NVDA 6%. All of those are held in the US side of my RRSP.

I have a mix of 15 stocks in my TFSA, roughly equal weighting. The tech holdings in there are PHO, KXS, CSU, SYZ, SHOP. Each comprises about 6% of the TFSA but just over 1% of overall holdings.

I am 7-8% underweight in:
consumer defensive,
communication services,
industrials,
utilities.

I feel I should trim back or sell at least one of AAPL, TEAM or NVDA but hard to given they have all been growing and have potential to grow further. Are there any obvious choices to cut or pull back here? Can you please suggest at least one name from each of the following sectors:
consumer defensive,
communication services,
industrials,
utilities.

thanks !
Mark

Q: Hi,
Looking to decrease the number of holdings in the above listed stocks. Which 2 would you sell?
Thank you,
Brent

Q: Regarding the technology sector in Canada, how many stocks would you suggest and in what percentage of each for a 10 - 15% allocation for growth with no or low dividend? Which stocks would you recommend?
Thanks for your service

Q: I own several Canadian stocks in my TFSA that pay dividends in USD. Are the dividends eligible for the Canadian dividend tax credit?

Q: I was wondering if you could recommend some stocks that trade on the tsx that pay dividends in US money. I believe pif does, could you name some others.

Q: In talking to RBC Direct Investing regarding receiving the dividends in USD, I was told it is as easy as moving my 20 shares from my CDN holdings over to US, couple minutes on the phone and all done. All good except my converted shares are now CNSWF trading on the OTC Pink Exchange where daily average volume is 780 shares, any cause for concern here do you think?

Q: Out of the techs mentioned above, which would you sell first to free up some cash in case of a downturn.