Investment Q&A

Q: If JEPI is held in a RRIF, would US withholding taxes be applicable or would the be exempt?

Thank you for your guidance.

Q: In a balanced RIF account. Looking for consistent yield and some appreciation. What do you think about swapping out BLV for JEPI? Totally different co's I know but..with a possible Fed pause and likely interest rate reversals in the next year or so, will this give BLV a boost, and maybe worth keeping

Q: From a dividend and capital appreciation perspective, in a RIF account, how would you rank JEPI. Yield is high, net assets are high, and it's issued by stalwart JP Morgan.
What are the risks to owning this in a conservative RIF account seeking consistent yield and long term appreciation

Q: Looking at 3 very different asset classes that offer high yields and would appreciate your help in sorting which ones offer best risk/ reward.
1. Covered calls: NXF, ZWC, ZWU, LIFE, JEPI;
2. Credit - OCSL, ORCC, MAINMAIN
3. Yield - GCOW, EIT-UN.
Questions: 1. What is your comfort level on risk/reward for any or all;
2. Please choose which are investable with short commentary as to rationale and and target buy prices

Q: hello 5i:
moving our portfolio more into income producing as we are retired. With that in mind, is JEPI one of your favourite US enhanced income ETFs? I've read the questions on JEPI so am familiar with your answers; just don't want to leave out an ETF that might be "better". Any other suggestions that I should be looking at? Would it be more advantageous to look at something where I don't have to lose income in converting US dollars back to CDN dollars?
thanks
Paul L

Q: What is your opinion on JEPI and JEPQ for a retired income investor.

Q: Can you suggest a US ETF similar to CASH in Canada. Thanks

Q: To the 5i team a question on a US ETF. Your sage advice on investing in JEPI returning over 10%. Looks good but dont they all.

Q: Is there a way to avoid the foreign withholding tax on US dividends?

Q: Hi, is there a cdn etf equivalent to jepi, schd and divo?

Q: Hello, I'm recently retired. I am seeking income generating vehicles for my various, registered plans (RRSP, LIRA, TFSA) to invest in. I'm considering an investment in ZWU. I'm wondering if there might be a similar, utilities based, covered call, ETF available for the American market?

Lastly, if any of these ETFs might also be available without the covered call overlay and if you believe that those versions of the ETFs might provide better, mid-term probability of a greater Total Return; I'd be interested in your opinion, as well.

Thank you!

Q: As STIP and TIP have ceased to pay their previously excellent distributions, I have been looking for alternatives with similar distribution, diversification and volatility characteristics. XHY seems a valid choice; however, can you comment/provide alternatives? Thanks.

Q: What do you think of this ETF? Are there Canadian comparable ETFs?

Q: Hi
With reference to Brian’s question on October 11th regarding high dividend stocks like these 3 & their safety 5i was OK with these 3.
I accept that nothing is invincible….. But is the risk/ reward on these positive enough to anchor an income on?

I m not greedy and don’t hunger after really big capital gains These would keep me
quite happy.

My plan would be to add other dividend etfs ( XLF etc) and some individual stocks like an ENB, BNS, CM, ABBV….

Thanks for your helpfulness. I

Q: I have all three in my RRSP account. QYLD and XYLD weren't good performers this year and, to add to the misery, they reduced distributions lately. JEPI was performing much better and they kept their distributions virtually unchanged. When we get market recovery, do you expect JEPI to outperform QYLD and XYLD or QYLD and XYLD are likely to outperform JEPI as they dropped more this year? I am considering selling QYLD and XYLD and buying more JEPI. Thoughts?

Q: I’d like to start a position in one or more income funds that offer a very high yield, but I’m not sure which ones to choose. As of Wednesday Oct 5th, these are the indicated yields I’ve found:

CLM 23.92%
PDBC 20.65%
SDIV 15.31%
QYLD 14.19%
RYLD 14.05%
XYLD 13.05%
BIGZ 11.01%
JEPI 10.94%
PDO 10.90%
PDI 10.79%
BXMT 10.38%
MPW 10.17%
STWD 9.84%
EIT.UN 9.42%
IDV 8.15%

Would you recommend any of these or do you have other suggestions? Are any of them too risky if the bear market deteriorates from here, or can they all be held long term? Are some of these yields too good to be true, like CLM and PDBC? Thanks for your thoughts.

Q: Do you like this for income? And how is the income taxed? Is it interest or capital gains? Would it be ok in a non-registered?

Q: What do you think of JPM funds like JEPI, JEPQ ? Would you consider them relatively safe, income bearing ETFs ?

I am always weary about high dividend products, but, maybe JPM gives them some street cred.

Q: For a long term income play, would you pick up any one from above ETFs today and why? thank you!

Q: I have held JEPI thinking that in a bear market, or any down market, JEPI should do better than SPY or RSP. Is this in fact correct? The decline in JEPI seems about the same as the decline in SPY. I am however not sure. In comparing charts, even premium sources I have access to do not footnote whether or not distributions are taken into account. I also cannot tell from JEPI’s history what portion of distribution is in fact return of capital.