Investment Q&A

Q: What are your thoughts concerning REITs in this current market? What would you suggest as a couple attractive options?
Thanks Ric.

Q: Hi 5i
I am bargain hunting so looking at Brookfield Renewable. I charted BEPC and BEP-UN and am puzzled by the significant outperformance of BEPC over 1-5 years. I don't think the div treatment should make that much of a difference. BEPC is 9% off 52 week high, BEP-UN 15% off. Your thoughts? And if I decide to buy, am I wrong to think BEP-UN could have more gain potential?
Thanks, Greg

Q: TRI has had a noticeable selloff over the last few months. Any specific company reasons?

Q: hi 5i,
I like to start a new position on TOU for my RRSP ?, is it now a good time to buy it.
The goal is Capital preservation and income.
thanks

Q: Hello 5i Team

Further to the reader’s question about US$ denominated dividend deposited into US$ denominated accounts at RBC Direct Investing.

I experienced the same issue with RBC Direct Investing and they explained as follows. I will use Brookfield Infrastructure
Partners (BIP) which I hold in a US$ denominated account.

BIP transfers the total dividend to Canadian Depositary for Securities (CDS) for all the BIP shares held by CDS (in excess of 100 million shares) on behalf of Canadian Brokers. This dividend payment (in US $) is converted to C$ (unclear whether its BIP or CDS) at “wholesale” rates.

CDS then transfers to each Canadian Broker (i.e. RBCDI) the Canadian dollar equivalent of BIP dividends held by the individual brokers (i.e. RBCDI). RBCDI then buys US dollars for dividends deposited into US$ denominated accounts. There is a difference in the exchange rate between the dividends received from CDS and the transfer to individual accounts. This results in the small discrepancy between dividends declared and dividends received.

The result is for 1,000 shares of BIP

BIP declared dividend = US$0.43 x 1,000 shares = US$430.00

RBCDI deposited $0.429544 x 1,000 shares = US$429.54 a difference of $0.46

Sometimes it works the other way and RBCDI deposits a slightly greater amount of US$ than the equivalent original dividend amount.

Other US $ stocks do not seem to have this issue, as I mostly hold US domiciled companies in my US $ accounts. It may also be a result of how the dividend issuing company transfers funds to CDS.

It is annoying as I originally purchased BIP on the NYSE and expected to receive the declared dividend amount.

I hope this explains the matter to the reader.

Q: Is this a good time to buy?

Q: Thoughts on SBRA?

Q: What are your current recommendations for US$ dividend ETFs? (US, not CDN) Thanks

Q: CMG's recent decline has been significant. Will the interest rate cut lead to a rebound, or will recession concerns impact the restaurant sector? Is this a buying opportunity or should I hold?

Additionally, I wanted to thank you for recommending Nebius - the 5i metric was instrumental in my discovery, and I'm grateful for the insight.

Q: For a retired investor looking for dividend payments, security and dividend growth with a medium risk profile, what would 5 i Research consider be a better investment to meet this criteria car.un.ca or csh.un.ca?

Keep up the great service,

Jim

Q: Both are getting hit today, particularly TOI. Any idea why? I hear talk of AI affecting them. Is this a factor? If so, how critical is it and how much risk does it introduce? Do you still rate them high?

Q: Can you please comment on another drop on TTD today. Any news or thesis for this drop? What is your current stance on this stock and is it one to hold onto or do you have strong convinction ideas? I have nice gains on it since first recommendations from 5i in the pandemic so am ok with moving onto better ideas if you had some to suggest. Thanks so much!

Q: Do you know what's driving PNG volume and price today? Thanks

Q: A large shareholder, OneMove capital is not happy with the chair. They are vocal about changing the board. What advice would you have here for shareholder?

Q: Your thoughts on their earnings and guidance please? Is the drop today overdone? Analysts downgrading but still seeing significant upside. I know your approach is often to let shares settle so my question is whether today's news has changed the story (not investable) or if expectations were so high that a still good business/investment is being punished disproportionately

Q: Would you consider Nebius a good long term investment or short term?
Should I hold or take some profit?
Thanks

Q: Hello 5i,
In a US $ account, I hold AEM, TRI FSV WCN and BIPC. I just checked my RBC direct investing account and the dividends for BIPC and WCN are off (a bit). As far as you are aware, should i be receiving the full dividend without conversion nicks?

Also, on the 5i site I used to be able find the USD beside the dividend listed for the companies I track that pay divies in USD. That is currently not the case for the full set. Has your data source changed? Or perhaps the policies at the companies changed?

TIA!

Q: If I were to sell EQB which stock would you buy to replace this one ? Currently own TD and X.

Thanks

Q: Dear 5i
Out of the above listed stocks , what would be your order of preference in a margin account and a TFSA account . By preference i mean level of earnings and quality of company ?
Also would you add any of these names to an RRSP , assuming an otherwise balanced portfolio , or perhaps consider CLS , Nebius or SRAD instead ?
Thanks
Bill C

Q: Hi 5i!
Respecting these are two very different companies, do you feel they both have a strong growth story ahead and are a compelling buy today?

Do you prefer one over the other?

Thanks for all you do! Your guidance has been appreciated over the years!