Investment Q&A

Q: Dear 5i team.

I am considering a switch from CPX to NPI and wanted to know your views on these two matched head to head. Is there a better alternative to switch to in the same space?


Many thanks.

Q: Portfolio Analytics calls for 6% in the Utilities sector, at present made up of 33% Aqn, 33%, Bep.un, 20%Npi, 14% Rnw. Is this diversified enough, a good selection or do you have other suggestions ?
Thank you for your great investing service. Ian

Q: BEP.UN (TSX) pays source dividends in US dollars I believe. If this stock is in a Canadian TFSA, is it subject to US with holding tax.
Thank you

Q: The BEP.UN/BEPC combo has been on life support entering 2021. It seems the entire renewable energy sector is in the same boat. Can you recommend other similar type of companies or sector I can consider a transfer? Perhaps the electric generators or electric utilities with similar yields and growth prospects? Thanks.

Q: If I were to sell all or half of my shares in Algonquin Power could you name two or three good replacements. Same field but more growth oriented. Decent fundamentals are important. Thanks.

Q: What do you see as the macro picture for utilities over the next couple of years? If inflation increases, does it affect the renewable power producers such as BEP and AQN 's input costs? Or is this more the case for coal/natgas power providers? Plus if interest rates rise to offset the inflation that is another headwind for utilities? Thoughts?

Q: Hi 5i,

Portfolio analytics is recommending that I reduce my utility holdings 12%. I have held AQN (3.4% weight), FTS (4.3%), BEP (5.2%) and BIP (5%) for four years and do like the dividends and renewable energy aspect. Today's TD analyst comments also gave me pause about being overweight utilities: "As WTI oil and energy prices have recovered over the past year on rising interest rates, alternative energy and utilities in general have underperformed. We believe that a potential rise in interest rates on improving COVID-19 trends and impending
tapering, along with the renewed relative strength in the energy sector, will
further pressure the utilities sector." My questions for you:. 1. where and how would you trim from the above holdings? and 2. your thoughts on the analysis outlined above. Thanks for your guidance.

Q: Good morning, 5 i team!

Your thought on a list of all your A graded companies covering almost all sectors for a TFSA account, equal weighted, long term hold. We will review periodically based on your report monthly.Thank you!

Q: In my non-registered account I have tried to build a diversified portfolio of "set-and-forget" dividend-paying stocks. I do not need the dividends currently, all are being DRIPped.
Recognizing that I'd be giving up some dividend return, what are your thoughts on replacing BEP in the portfolio with BAM?
I already own AQN in the renewables space, and ACO.X & FTS in the utilities space.
Thanks you for your insight.

Q: Want to enter the green energy space to take advantage of the required doubling of our electrical power capacity in Canada and US to meet climate change targets. Brookfield Renewable Partners, First Solar, SolarEdge and Ormat all seem to have merit. Which of these, or another company, would you recommend. Thanks!

Q: Hi, what might be the impact on electric utility and renewable energy companies of sustained higher prices of natural gas? I understand natural powers many hydro generation plants. Thanks.

Q: Balanced Equity Portfolio (Cdn & US Stocks): If 5i were just starting business today what 20 stocks would make up the portfolio?

Q: Could you recommend 5 Canadian companies that show good growth in appreciation as well as dividend with a buy and hold strategy. Could you please rank them in value and risk.
Thank you.

Q: Hi Guys,

I own all of the above (Bam.a 2.55%, Bepc 1.7% , Bep.un 2.2% ), I was thinking of selling either Bepc and Bep.un and purchasing more Bam.a.

Does this make any sense inside a balance portfolio.

thanks

Jim

Q: Holding some decent gains in BAM, BIP, BEP and ONEX. Looking to consolidate BEP, BIP, BAM and ONEX in particular in registered accounts. Looking at past performance, ONEX has outperformed BAM over certain periods of time, while BAM looks to be the outperformer over the longer term. At this particular time, what is your opinion on switching from ONEX to BAM or would it be good to hold both for diversification? Which do you think will be the outperformer over the next 10-20 years? If my goal is long term capital growth and not income, would you sell BEP and BIP and just shift it into BAM? Current weightings are BAM 2.3%, ONEX 2.1%, BEP 1.1%, BIP 1.5%. Thanks!

Q: Hi 5i,
do you think AQN, BEP.UN, BEPC, BLX and NPI might experience some tax loss selling pressure for the remainder of 2021?
Can you rate them in order of purchase preference with #1 being the most favoured for an income portfolio.

thanks

Q: NPI has recently stumbled but is still likely a takeover candidate while BEP.un is a great all-around company. For new $, would you choose one over the other or a bit of both? Thanks!

Q: All things be considered, would you buy BEPC OR BEP.UN today for a registered Canadian account. Please explain.

Q: I own the above in registered accounts. Is there two much duplication, in particularly between BAMR and BAM.A? Thanks

Q: With these two companies in mind, given the objective is part growth, part income, what would be the better choice to buy in today?