Investment Q&A

Q: My wife and I are retired and are income investors. We are considering reducing our 35% bank exposure. These investments have done very well over the years and we do not want to reduce the quality of our portfolio, but think that perhaps a little more diversification would be desirable.

We are looking for one or two non-large-cap Canadian companies with a growing dividend/distribution preferably greater than 3.5% for a very long-term if not forever hold. We want to avoid more financials, utilities, and retail, office, industrial, and apartment REITs.

Some possible purchases we have identified are: KPT, ITP, CSH, ZCL, AGU, BIP, HLF, BEP, UFS, BPF, AND NWC.

What do you think of reducing our exposure to banks and buying some non-large-cap companies?

What do you think of our list of possibilities? Do you have any other suggestions? If you have two or three good candidate suggestions that would be great.

As always, thanks!

Q: Do you think that an overweight position in Altagas receipts and Crius energy is a reasonable way to reduce interest cost in a margin account; between now and summer of 2018?

Q: Would you please be able to tell me what Suncor's geographic distribution of revenue is? How much is from Canadian oil sands vs the US/rest of the world?

Do you like Suncor as an investment right now?

Q: I appreciate 5i does not follow the us market, but I would appreciate you comment if possible on the etf Gamr.
I am looking at a small position - reason: that gaming is a business as large or larger then the movie industry.
As a little btw - it looks like a large % of the top holdings are Canadian companies
Thanks

Q: Is it time to sell PONY? Thanks

Q: I am interested in taking a position in either Algonquin or Northland for both dividends and growth. As they have very similar dividends, which would you prefer for growth over the next two years?

Q: These stocks are making new lows.
They are not in favour right now.
Money is coming out of this sector because packaged foods are not popular etc? Growth stocks are back in favour?
Is this an opportunity?

Q: Although up overall in my balanced portfolio, I'm down close significantly, 10- 20%, in AEM, CLS, KXS, GUD, PKI, SIS. I don't yet own CCL, CAE, EMB, GC, T.

Would you suggest swapping them out now, as year end approaches, or hold and buy the remaining names as funds become available? Or perhaps keep a couple / drop a couple?

Thanks!

Q: If you hold AW.UN in a TFA,RRSP or RIFF there is no tax on dividends. Correct?

Q: Can you please give me PE and forward PE for both companies. How do they differ? Even in a economically sensitive business, wouldn't you assume cjt can still grow with simply the transition to online versus BandM.

Q: How big is the news GILD for FDA approval for Cancer drugs? I think it is significant. Can I make a case for a full or half position on this company. Currently have very limited exposure in this sector..except if SIS is considered a healthcare stock. Thanks. Shyam

Q: Just noticing TAP is getting cheap, is it a trap. What would you say about its prospects for the next few years? Is there a better choice in the sector?

Q: I bought NMX in 2015 at .36 and sold it in 2016 for 1.84 then bought it back again at $1.09. It is up 60% since July. With today's surge it has reached 10% of my portfolio. Again. But compared with similar projects it is undervalued (ie Mason LLG.X that is at 2.25 and is no where near starting production). My dilemma is do I hold on or take profit. I am well diversified and going to retire in 60 days.

Thank you for your input!

Q: KXS has been weak for the past while. I can't see anything to explain it. I'm not quite at a full position. Would you be concerned about topping up at this point?

Q: I'm looking to establish a position in the tech sector. I'd prefer something with a reasonable valuation, good growth prospects and insider ownership. I see on BNN today you recommend both CLS and ABT. Are either of those a fit for my criteria or would you suggest something different?

Q: What do you think about KWH, a great Yield but......
Margita

Q: Hello 5I; After checking my percentage of portfolio in each category I find I only have 2 percent in Energy> I have the above 4 positions with the largest in Keyera. Reading questions and answers I see you recommend 10 percent. Would you agree with my positions and would be obliged if you would recommend others or even the renewable energy space. Thank you for your time. Barbara

Q: Where would be a good place to park cash while waiting for an investment opportunity?

Q: Follow up question: as a guideline, with a "rock solid" defined benefit pension, what percentage, overall, of a $200,000 RRSP portfolio should be allocated to fixed income? Of the 4 funds you suggested, as a guideline, what percentage of the overall allocation go into each fund? Retirement 2-3 years away.

Q: Is there any news on mhy NMX is up 8% today?