Investment Q&A

Q: Can you please rank the above utilities for Value. I used EV/EBITA data from Yahoo Finance and got this: NPI (8), BIP.UN (11), FTS (12.7), BLX (13), BEP.UN (15), NEE (26), AQN (28)
Thanks!

Q: What would safer FTS or BEP.UN for the longer term , including dividends.

Q: I am planning to sell these names for tax-loss. Should I buy a replacement for each to protect against a turnaround in the next 30 days, or do you think I'm better off holding the cash for that period given the current outlook for equities. If you still recommend replacements can you offer a suggestion for each - or perhaps only for some? Thanks.

Q: Hello,
Which of the Brookfield companies quality for the dividend tax credit?
Also, which Canadian dividend ETF’s also quality for the dividend tax credit you would recommend?
Thanks for your great service.

Q: In your answer to a question on BAM.a today you indicated that it is a company you are least worried about. What are a few other companies you are "least worried about"?

Q: why the downward trend for both. any concerns. would you add to a small position

Q: I hold both BEPC and BEP.UN and would like to consolidate into one. Which company would be best to hold? Is this a move I can do now or is it best to wait or sell one and wait to buy the other after the market settles a bit?
Thanks
Dan

Q: Cameco and Brookfield Renewable Form Strategic Partnership to Acquire Westinghouse Electric Company.

Do you see this as a meaningful addition for cash flow, or mediocre?

Thank you.

Q: I am looking to retire in the next year, and positioning our portfolio more toward income.

Within the utilities sector we held AQN, BEP.UN, BIP.UN and CPX at close to equal weights 3.1-3.3% each (market value).

I recently sold AQN at a 20% tax loss and initiated a new position in FTS (yielding 4.25% after it's big drop). This will be a long term position.

I'm up approx 50% in CPX and even on BIP.UN.

I'm currently carrying a 16% loss on BEP.UN, and am thinking of selling it for a tax loss (I have significant realized capital gains to offset).

I'm considering either splitting the proceeds between BIP, CPX and FTS; or waiting to sell BEP after the 30 day period on AQN has passed, repurchasing it to regain the lost dividends and for diversification.

From recent questions I understand that AQN's dividend is likely safe, and is considered sufficiently different from FTS to support owning both. I like that it is at 2019 levels, and think there is a good possibility it may reward a patient investor. Is debt a concern?

Which course of action would 5i recommend, and why?
1. Sell BEP at a tax loss and split the funds between BIP, CPX and FTS; or
2. Sell BIP at a tax loss and repurchase AQN,
3. Or is there another course of action that you'd recommend?

Thanks!

Q: I am looking for the "safest" dividend paying stocks to add to the above list that will help me weather the recession that according to most commentators will last well into 2023.
5 each from the US and Canada will be of great help.
Many Thanks

Q: What do you make of the slip in share prices of BEP.UN (-15%) and BIP.UN (-9%) during the last 30 days or so? These drops are rather substantial for those two traditionally stodgy unit trusts. Thanks.

Q: Hello Peter
Out of the three stocks, AQN has the highest dividend; however, is this sustainable? From an overall safety with decent dividend, I was thinking of Fortis instead of BEP.UN. Any comments please?

Q: Please advise of 10 companies (Canadian) I can buy in my new TFSA and add to and DIP for next 30 years , This will be my retirement.
Thank you
Cec

Q: Of the holdings in the Income Portfolio, can you suggest a few names that have the best prospects for growing their dividend over the next decade, through all market conditions?

Thanks.

Q: What are your top 3 Cdn Utilities and top 3 Cdn Telecomms for Growth and Income, given recent pullbacks. Is this a good time to buy or should I wait for things to settle. Will Utilities and Telecomms provide some security heading into or during a recession.

Thanks
Tim

Q: Why are BIP.UN and BEP.UN are being hit so hard in the last few days? Especially BIP.UN today down over 3% again?

Q: Hi 5i team.
about 6 weeks ago sold AQN for a tax loss and increased position in FTS and bought some BEPC on top of BEP.UN as I am thinking of switching to BEPC to make life less complicated tax wise.
Problem (and a good one to have) is that I have a large capital gain in BEP.un.

Utilities portions as total of all portfolio.
BEP.UN is about 2%
BEPC about 1%
Fortis about 2%
Polaris about 1%

Question is what to sell or reduce to add in AQN back at about 2%?
Would you suggest a different mix?
I like the dividends and am OK w slow to moderate growth - retiree and looking at conservative ongoing investment. (I like all of these stocks.)

I am willing to pay some taxes as I worry about the capital gains tax rate rising at some point under our current government.
Subtract as many questions as needed.
Thank you.

Q: 3 questions

What is the annual return for ENB since it went public when you include dividends & largest drawdown?

Would a 20% position in ENB for a retired person looking for income make sense?

What are the 5 safest Canadian & US stocks that would provide the best protection against drawdowns?

Q: I own 5% (my max) weightings in BIP.UN and BEP.UN. I've always wanted to invest in BAM.A, but avoided this with a concern of too much overlap. However, now with the upcoming BAM.A spin-off, could one then make more of a case ? i.e. to invest that 5% in the "Asset-light" unit once this split occurs?

If you agree with that, do you have any concerns with a 15% overall weighting within the Brookfield group?

Q: I own a mixture of these in both my RIF and non registered accounts and wish to consolidate them so as to only own one of each. Capital gains and tax need not to be considered. Which version of these 2 companies would you have in each of my two accounts ? Thanks.
Derek