Q: My first question as a rather new subscriber! I am 7 y into RRIF withdrawals so wish mostly dividend stocks in this portfolio. I have held EXE since May, 2015 and am now barely $1300 above (all in dividends and share value) as of today. I have read your comments about "quality trade off" and "weak hold for income"with regards to holding EXE instead of SIA and / or CSH.UN. You have commented that EXE debt is about 10 times cash flow. Could you give me similar information about SIA and CSH.UN please. I am about ready to sell EXE for positions in both or either of SIA and CSH.UN (in spite of them having lower dividends and earnings per share and higher P/E). Comments appreciated.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Good morning 5i.
I'm looking for a reit for my wifes RRSP.
CSH.UN is the only reit she has at the moment.
Could you suggest some reits that would fit with this for diversification and that are at a good buy point today. 4.5% Dividend or greater would be desirable.
I'm looking for a reit for my wifes RRSP.
CSH.UN is the only reit she has at the moment.
Could you suggest some reits that would fit with this for diversification and that are at a good buy point today. 4.5% Dividend or greater would be desirable.
- Chartwell Retirement Residences (CSH.UN)
- Extendicare Inc. (EXE)
- Medical Facilities Corporation (DR)
- Sienna Senior Living Inc. (SIA)
- NorthWest Healthcare Properties Real Estate Investment Trust (NWH.UN)
Q: I'm looking for a healthcare stock to ride out the next couple of years - where I expect a recession - in relatively low volatility, high dividend stocks. I have no CDN healthcare. Can you give me a list of two stocks or efts you like?
Q: Notice 5i holds CSH.UN in the Income Portfolio but would you not consider SIA a better income investment in the same business or does the .UN make a difference?
thx
Rrichterr
thx
Rrichterr
- Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
- Chartwell Retirement Residences (CSH.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
- CI Canadian REIT ETF (RIT)
Q: I own RIT for exposure to the Canadian REIT market. Please rank these four holdings as a long term hold in a growth portfolio. Also, I am considering adding one (or two) individual REITs to add a bit of up side to the general REIT market exposure of RIT. Would you advise this and, if so, which of these three, or any other, would you recommend?
- Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
- Chartwell Retirement Residences (CSH.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
- Killam Apartment Real Estate Investment Trust (KMP.UN)
Q: Hello 5i Research Team,
I would like to invest into a few REIT's. Do you have any recommendations for 3-4 of the top ones.
Thank you.
I would like to invest into a few REIT's. Do you have any recommendations for 3-4 of the top ones.
Thank you.
- Chartwell Retirement Residences (CSH.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
- Killam Apartment Real Estate Investment Trust (KMP.UN)
Q: Good Morning,
Your thoughts on Killam Apartments developing new buildings and expanding into the Kitchener/ Waterloo area, thinking it might be a good long term hold with Laurier and U of Waterloo so close? Or do you have another REIT in your area you like? Thanks so much
Your thoughts on Killam Apartments developing new buildings and expanding into the Kitchener/ Waterloo area, thinking it might be a good long term hold with Laurier and U of Waterloo so close? Or do you have another REIT in your area you like? Thanks so much
Q: I checked on the TSX as of January 20, the PE for CSH.UN shows 99.70. Is this correct? I am thinking of buying CSH.UN but the PE factor seems to be too high.
Q: Would this be a good time to add CSH.UN as a long term hold.
- First Capital Realty Inc. (FCR)
- Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
- Artis Real Estate Investment Trust (AX.UN)
- Chartwell Retirement Residences (CSH.UN)
- Crombie Real Estate Investment Trust (CRR.UN)
- Dream Global Real Estate Investment Trust (DRG.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
- Morguard North American Residential Real Estate Investment Trust (MRG.UN)
- Altus Group Limited (AIF)
- Dream Industrial Real Estate Investment Trust (DIR.UN)
- Inovalis Real Estate Investment Trust (INO.UN)
Q: I have the above Reits which I would like to consolidate into much smaller number. Appreciate your opinion on your preference of which ones I should keep/switch to, based on expectation of total return over 3-5 years period.
Thanks
Thanks
- BCE Inc. (BCE)
- Enbridge Inc. (ENB)
- TELUS Corporation (T)
- Power Corporation of Canada Subordinate Voting Shares (POW)
- Pembina Pipeline Corporation (PPL)
- Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
- Chartwell Retirement Residences (CSH.UN)
Q: Good Morning,
Currently hold the following in my TFSA ($30,000): BNS, SLF, AQN, AW.UN, AD, SPB, BEP.UN, GSY, SIS, TOY, TSGI, PBH, MX.
Looking to deploy $3,000 and add one or two of the companies addressed in this question. What would be your order of preference in terms of combination of dividend and some growth. Feel free to suggest others.
Thank you.
Larry
Currently hold the following in my TFSA ($30,000): BNS, SLF, AQN, AW.UN, AD, SPB, BEP.UN, GSY, SIS, TOY, TSGI, PBH, MX.
Looking to deploy $3,000 and add one or two of the companies addressed in this question. What would be your order of preference in terms of combination of dividend and some growth. Feel free to suggest others.
Thank you.
Larry
- Sun Life Financial Inc. (SLF)
- Constellation Software Inc. (CSU)
- Brookfield Renewable Partners L.P. (BEP.UN)
- Chartwell Retirement Residences (CSH.UN)
- Kinaxis Inc. (KXS)
- Savaria Corporation (SIS)
- NorthWest Healthcare Properties Real Estate Investment Trust (NWH.UN)
- iShares Global Water Index ETF (CWW)
Q: In order to re-balance my portfolio, I need to sell one or more of the following companies:
BEP.un (full position)
CSH.un (full position)
SLF (full position)
NWH.un (full position)
SIS (half position)
CWW (half position)
CSU (half position)
KXS (half position)
Which one(s) would you suggest I sell?
BEP.un (full position)
CSH.un (full position)
SLF (full position)
NWH.un (full position)
SIS (half position)
CWW (half position)
CSU (half position)
KXS (half position)
Which one(s) would you suggest I sell?
Q: Happy new year
I hold a 1/2 position in siana retirement home .wish to go to a full position in this space.
Is csh a better choice and why.
Kind regards
Stan
I hold a 1/2 position in siana retirement home .wish to go to a full position in this space.
Is csh a better choice and why.
Kind regards
Stan
- Pfizer Inc. (PFE)
- Verizon Communications Inc. (VZ)
- Sun Life Financial Inc. (SLF)
- Inter Pipeline Ltd. (IPL)
- WSP Global Inc. (WSP)
- Stars Group Inc. (The) (TSGI)
- Chartwell Retirement Residences (CSH.UN)
- Enghouse Systems Limited (ENGH)
- Alimentation Couche-Tard Inc. (ATD)
- Knight Therapeutics Inc. (GUD)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- goeasy Ltd. (GSY)
- Spin Master Corp. Subordinate Voting Shares (TOY)
Q: My weightings in each of the listed companies is less than 2.5%. I wish to eliminate some and build up others to the 2.5% level. What are the strongest candidates to keep and what are the weakest candidates to get rid of. As always, I appreciate your responses. RAM
- Royal Bank of Canada (RY)
- Bank of Nova Scotia (The) (BNS)
- BCE Inc. (BCE)
- TC Energy Corporation (TRP)
- Fortis Inc. (FTS)
- WSP Global Inc. (WSP)
- Algonquin Power & Utilities Corp. (AQN)
- Cineplex Inc. (CGX)
- Chartwell Retirement Residences (CSH.UN)
- Whitecap Resources Inc. (WCP)
- Alaris Equity Partners Income Trust (AD.UN)
- Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
- Premium Brands Holdings Corporation (PBH)
Q: Charge as many credits as you see fit...at least 4...got lots. Annually, I follow the O'Shaughnessy system and go through the tedious process of ranking over 90 stocks into deciles. I am screening for stocks that are good value, less volatile and have a good + growing dividend. For value, I use P/E, P/B, P/CF, P/S. For volatility, I use Beta. For dividends, this year I have added 5 year growth % into the process. The resultant summary number is the cumulative of the 7 metrics, with roughly 60% value, 15% volatility and 25% dividend weighting. I then marry this up with a technical screening, using charts with a 200 mda, looking for a rising vs rangebound vs declining chart.
Question 1 = your thoughts on my screening system? I thought of adding in other metrics, but I wanted to keep it relatively simple. Factors such as payout % and ROE can always be a looked at in the next phase. Should I drop any of the metrics if they are redundant?
Most of the stocks screened as expected. However, 3 stocks didn't screen well at all and I am trying to figure out why. It may be that my population of stocks is skewed to value stocks, so if any of the other 3 stocks had growth or REIT characteristics, then they might be seen as outliers.
Question 2 = CSH's fundamentals screened horribly = 10th decile. Could it be that REITs may screen out differently, due to their very nature?
Question 3 =Both PBH and WSP screened poorly = 8th decile. Could it be their fundamental metrics exhibit more growth characteristics?
Question 4 = Reading past 5iR questions on these 3 stocks leads me to believe you are still strongly in favor of all 3. Please confirm.
Thanks...Steve
Question 1 = your thoughts on my screening system? I thought of adding in other metrics, but I wanted to keep it relatively simple. Factors such as payout % and ROE can always be a looked at in the next phase. Should I drop any of the metrics if they are redundant?
Most of the stocks screened as expected. However, 3 stocks didn't screen well at all and I am trying to figure out why. It may be that my population of stocks is skewed to value stocks, so if any of the other 3 stocks had growth or REIT characteristics, then they might be seen as outliers.
Question 2 = CSH's fundamentals screened horribly = 10th decile. Could it be that REITs may screen out differently, due to their very nature?
Question 3 =Both PBH and WSP screened poorly = 8th decile. Could it be their fundamental metrics exhibit more growth characteristics?
Question 4 = Reading past 5iR questions on these 3 stocks leads me to believe you are still strongly in favor of all 3. Please confirm.
Thanks...Steve
Q: What are your thoughts about EXE, buy, hold, or sell? How does the balance sheet look?
Thanks, Bob
Thanks, Bob
- Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
- Chartwell Retirement Residences (CSH.UN)
- Brookfield Property Partners L.P. (BPY.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
Q: I currently don't have any REITs in my income portfolio but am now considering adding a couple. I was considering the above 4 but really want to add only 2 names. Which would you consider or would you suggest something else? Looking for reasonable income with an eye on preserving capital during rising interest rates.
- Chartwell Retirement Residences (CSH.UN)
- Vanguard FTSE Emerging Markets All Cap Index ETF (VEE)
- SPDR EURO Stoxx 50 ETF (FEZ)
Q: Hi Peter and Ryan: Thanks so much for your calming responses to the current volatility in the markets. This is my third time through a downturn since retiring in 2000. It isn't much fun, but intellectually I know that the market doesn't go constantly down as well as it doesn't go constantly up. Your well thought out reasons helps to remind me of this.
My first question is: in what sector do you place Csh.un.? It works best for me in Income Trusts, as that is why I have it. The TSX places it in Real Estate.
My second question is; is this a good time to purchase an ETF such as VEE and or FEZ? I am overweight in Canada and the U.S. and underweight in Emerging markets and Europe.
Thanks so much. Your advice is wonderful for a small investor such as myself.
Cathy
My first question is: in what sector do you place Csh.un.? It works best for me in Income Trusts, as that is why I have it. The TSX places it in Real Estate.
My second question is; is this a good time to purchase an ETF such as VEE and or FEZ? I am overweight in Canada and the U.S. and underweight in Emerging markets and Europe.
Thanks so much. Your advice is wonderful for a small investor such as myself.
Cathy
- Royal Bank of Canada (RY)
- Bank of Nova Scotia (The) (BNS)
- BCE Inc. (BCE)
- TC Energy Corporation (TRP)
- Fortis Inc. (FTS)
- WSP Global Inc. (WSP)
- Algonquin Power & Utilities Corp. (AQN)
- Cineplex Inc. (CGX)
- Chartwell Retirement Residences (CSH.UN)
- NFI Group Inc. (NFI)
- Whitecap Resources Inc. (WCP)
- Alaris Equity Partners Income Trust (AD.UN)
- Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
- Premium Brands Holdings Corporation (PBH)
Q: Following up on a recent question regarding allocating the appropriate amount of monies to each stock, the amount depending on the size, safety, etc of that security. Would you agree with the current split (full, partial, small):
Full = AD (should be partial), AQN, BCE, BNS, FTS, RY, TRP.
Partial = CGX (could be full?), CSH, NFI, PGH (could be full?), TCL, WSP (could be full?).
Small = WCP.
Thanks...Steve
Full = AD (should be partial), AQN, BCE, BNS, FTS, RY, TRP.
Partial = CGX (could be full?), CSH, NFI, PGH (could be full?), TCL, WSP (could be full?).
Small = WCP.
Thanks...Steve
- TC Energy Corporation (TRP)
- Chartwell Retirement Residences (CSH.UN)
- NFI Group Inc. (NFI)
- Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
Q: I track my asset allocation in detail...retired, lots of time and interest to do so. I break out ETFs and my few mutual funds by sector. A few of my stocks are split into a pair of sectors. As an example, TRP is sometimes referred to as a Utility, but seems to track the Energy sector...so I split it 50-50. Ditto for CSH...I split it 50-50 between REITs and Healthcare.
Both NFI and TCL are listed on the Company Profile as being in the Consumer sector, but I have seen them both in the Industrial sector as well. Using my TRP and CSH examples above (to be consistent in my tracking methodology), where should NFI and TCL be allocated...solely to one sector or 50-50?
Thanks,
Steve
Both NFI and TCL are listed on the Company Profile as being in the Consumer sector, but I have seen them both in the Industrial sector as well. Using my TRP and CSH examples above (to be consistent in my tracking methodology), where should NFI and TCL be allocated...solely to one sector or 50-50?
Thanks,
Steve