Investment Q&A

Q: As a follow up to my previous question regarding the drop in the price of Stella jones shares I too did not see anything in the company specific news that would affect the price of the shares. But when you see the shares dropping as they have there may be other underlying reasons for other investors to sell their shares. Under a Trump led government in the USA is there anything in the policies, attitude toward free trade etc that you can see as potential negatives for the company?

Q: TD Bank lists these 11 sectors - going forward and post Trump what would 5is's top picks be for these 11 sectors:
1)in Canada?
2)in the US?
Consumer Discretionary
Consumer Staples
Metals & Mining Index
Financials
Health Care
Industrials
Information Technology
Materials
Capped Real Estate
Telecommunication
Utilities
Thanks kindly.

Q: I have very little US exposure in my portfolio. What would be a good Canadian US equity growth fund or ETF that would allow me to participate in the New America under the Trump regime?

Thanks

Peter

Q: What do you think of the wisdom of buying PXMV to add to my US exposure? Esp its steadiness in a Trump universe, and fees?

Q: Hi, we have Shopify and Spin Master in most accounts in the family.

Shopify has been quite volatile, in line with FANG and other technology stocks, but its swings are much higher than its peers. Recently it traded as low as $50.84 ( after a week of Trump win)and within a week as high as $60.50. Is it worth adding at current level $52?

Spin Master had an incredible run to $39.50. With recent pullback, is it prudent to add at $34-$35 level?

Thank you.

Q: This am BNN suggested the best sectors going forward to benefit from "Trumpism" would be: Banks, Lifecos, Health, Industrials, Energy and Materials.
Does 5i agree with these sectors and if yes what stocks/ETFs would you recommned for the six sectors?
Also do u believe the tech selloff will get much worse - seems like end of year profit taking or sector rotation into energy et.
Thank you.

Q: Bonjour, please provide general comments on these two funds (MER, growth prospects, suitability considering a 10 year time-frame.
Merci
Ronald

Q: Hi 5i
I ask this question yesterday and you usually answer so quickly,I'm thinking it got lost
In shipping.
In My r.r.s.p. Account I can only use mutual funds unfortunately .so my question is ,
A fund that would benefit from a raising interest rates in the u.s.
and a drop the corporate tax ?
Of course this is the promise from mr. Trump
Thanks for all the help
Sam

Q: Hello,

The current theme is that REITS and utilities will be drifting lower now with Trump spending announcements and higher interest rates on the horizon. Yet, yesterday (some) REITS had a good jump up. My questions are:
1. Would you hold buying REITS and utilities until there is clear direction of the market?
2. If you wanting to deploy 50K for each (REITS and utilities) what would be your preferred names?

Thank you
M

Q: I will appreciate your comments on IYJ ETF as a long term hold.
Thanks

Q: The above group of companies, so called bond proxies medical supply and consumer staples do not seem to be participating in the Trump boost post election. Many have sold off sharply. Do you view this as a buying opportunity?

Q: Hi 5i. I saw an interesting interview on BNN's 'Money Talk' (Nov23) with Damian Fernandes of TD Balanced Growth Fund. He was discussing the impact that a Trump reduction of corporate taxes would have on the S&P 500.
Hereis the link : http://www.bnn.ca/money-talk/money-talk-trump-s-impact-on-markets-and-sectors~1001584
If you have a chance to see it I would be very interested in your opinion.
As a result I am looking into investing in a S&P 500 ETF. I have looked at iShare's IVV (US$) which has 506 holdings and a MER of 0.04% - this would require converting CA$ to US$. Two other Canadian ETF's are Vanguard's VFV containing 509 holdings and MER of 0.08%, and iShare's CA$-hedged XSP which contains 1 holding (being IVV) and has a MER of 0.11%.
Two questions:
1. can you explain why XSP (hedged) MER would be almost 3x the IVV Mer that is its sole holding.
2. I assume that Vanguard's VFV is "unhedged". Can you explain how the Hedged product (XSP) differs from the "unhedged" product.
Thanks as always for your great advice.

Q: I would like to increase my exposure (at the understood risk of return chasing) to US industrials and defence companies that seem set to rally under the new regime in the White House. I would like to do this without paying the punitive buy/sell exchange rates offered by my bank. Does the above mentioned ETF look ok to you? Any others that you would recommend? I would be interested in ones with some exposure to steel/base metals/US financials too.

Q: I am a retired, conservative, dividend-income investor. I am looking to top up my industrial holdings. I own WSP, which I could add a bit more of. I am looking for another industrial company that pays a dividend > 2.5%...tough to find one.

What are your current thoughts on the etf ZIN-T? What do you think of the holdings and their participation in the current updraft, due to the anticipated spending on infrastructure?

A 2nd option is TFI, but it has had such a jump?

Do you have any other suggestions for a dividend-paying industrial for me to consider?

Thanks, Steve

Q: TFI has had a great run recently. I am not complaining (!), but...
The stock was languishing earlier this year and dipped below $20 in Feb. Now it is $34. I know about the new acquisition however I hardly think the company has improved its value by 70% over these past 9 months or so. What is the cause of this run? Can't see how Trump is going to help them. They are now at 15 or 16 x 2017E. I am patient and not overweight on the stock despite the gains. What to do?

Q: Is HBB worth keeping in a rising rate environment? Since Trump took office the price has been on a slow steady decline.

Thanks!

Q: Good afternoon, I had moved everything to cash, believing that we were overdue for a bit of a correction, and also because I did quite well on atd and ccl. . Do you think a correction will occur when the honeymoon is over with Trump? I know no-one has a crystal ball, but do you think it is likely? If no, would you be content with the above choices for a moderate risk? I plan to keep my US in cash for now.
Thanks as always.

Q: Between CNR and CP, which one do you recommend today and going forward in the Trump era, and reasons as to your preference.
Does it make sense to own both Telus and BCE?
Thank you,

Q: Hi, I would appreciate a current update on these two funds.Also will they benefit much from government investment in Canada and the U.S.? Do their distributions seem secure? Thank you, Bob

Q: Colliers has been in a free fall. What's wrong with the company?