Q: Hi Peter & 5i: It will be very interesting to see how things go with the Income Portfolio and particularly to see what changes, if any, may be made as time passes. To that end, I am wondering if you have in mind clear principles for managing the portfolio first with respect to the relative position sizes but also with the weightings between the fixed income side (bond ETFs), the common equity holdings, and the hybrids (pref shares & REITS). The original Model Portfolio had the virtue of keeping things very simple in terms of 20 positions at 5% each, with the suggestion that periodic rebalancing should trim positions that got much over 6% and look to re-allocate to positions that had become relatively smaller. The new Income Portfolio has position sizes ranging from 7% (ETFs) to 3% (Telus). Obviously the ETFs are diversified holdings in at least some dimension, so I’m not suggesting that 7% is too much. But what winds up being your flags for rebalancing? Also, with both T and BCE in the portfolio, to what extent does sector balancing come into the mix? Thanks, as always!
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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: I own AVO - successfully! Was looking to increase & decided to update my research. RBC research issued 2 reports on 3/5 & 3/10/14 - mostly upbeat & positive. However on April 1 (yesterday), they prepared a Foundation Report & then suddenly deleted all info. as restricted as at 2000hrs. This withholding of ALL info usually indicates a financial change - ie: new issue, sale, refinancing, etc. What's your take. Thanks
Q: CSW.A has been in a down trend since last summer. Do you plan to cover the company within the next six months? Would you sell it to buy NFI or AG within a diversfied portfolio? The aim is stability and increasing divs. Thanks Ron
Q: Hello Peter, Ryan et al,
In your income portfolio you mention Loblaws. Could George Weston serve as a substitute? I ask because I already have that. The dividends don't matter that much. Once again, thanks for the excellent work
In your income portfolio you mention Loblaws. Could George Weston serve as a substitute? I ask because I already have that. The dividends don't matter that much. Once again, thanks for the excellent work
Q: I am researching CNOOC which as a result of the Nexen deal is listed on the TSE as CNU. It is currently unloved but appears to trade at a relatively low PE and has some good assets. Can I get your thoughts and are you able to tell me if the TSE listing pays a dividend? I know the ADR listed on the NYSE does. The TSE listing is supposed to be a flow thru of the ADR is Cdn$ but no data feeds show a dividend.
I am a new subscriber and was pleased to see you follow and rate a lot of the companies I already own and some new ones I am now following.
Thanks
I am a new subscriber and was pleased to see you follow and rate a lot of the companies I already own and some new ones I am now following.
Thanks
Q: where can one find a list of the 10 tsx sectors, and the companies with in each. thankyou.
Q: Good Morning,
An observation on Gluskin Sheff (GS). The stock is up almost 10% in less than a week, as far as I can discern on no news. Are there takeover rumours circulating?
An observation on Gluskin Sheff (GS). The stock is up almost 10% in less than a week, as far as I can discern on no news. Are there takeover rumours circulating?
Q: Hedge Funds
Can Hedge Funds be bought through a self directed RRSP?
Is there a way to buy HF in amounts less then 200,000 and if so, how?
Can Hedge Funds be bought through a self directed RRSP?
Is there a way to buy HF in amounts less then 200,000 and if so, how?
Q: Thanks for the Income Portfolio and in pdf format. What does "P & L" stand for in the column heads? I take it these differ from the lower left 'returns as a per cent'. Thanks.
Q: Hi Ryan and Peter: I have a question about the income portfolio. You include FLOT which has a trailing dividend of 0.4%. I presume therefore that the role of FLOT in the portfolio is to preserve capital, and it does seem to have done this well through the recent downs. But it seems to me that HFR (Horizons actively managed floating rate ETF) does this just as well while posting a trailing payout of just over 2%. What am I missing? Roland T.
Q: First thanks for having an excellent service!
In your new Income portfolio your first item is FLOT which is US. Aren't there dangers in holding a US item in a CDN portfolio? Aside from the exchange issue, which I have been burned with in the past, aren't there tax implications with the new IRS rules concerning income and agreements as well as estate filings required to liquidate the holding if the holder passes away?
If someone didn't want to hold a US holding in the portfolio would you recommend just changing the weighting or have an alternative?
Thanks again!
In your new Income portfolio your first item is FLOT which is US. Aren't there dangers in holding a US item in a CDN portfolio? Aside from the exchange issue, which I have been burned with in the past, aren't there tax implications with the new IRS rules concerning income and agreements as well as estate filings required to liquidate the holding if the holder passes away?
If someone didn't want to hold a US holding in the portfolio would you recommend just changing the weighting or have an alternative?
Thanks again!
Q: Dear 5i
What's your view on LGT and CF over the next 2-3 years . Are there good earnings growth forecasted for these two company's ? Are they worth hanging on to or should I be adding to existing positions of Linamar or Magna for example .
Thanks
Bill C.
What's your view on LGT and CF over the next 2-3 years . Are there good earnings growth forecasted for these two company's ? Are they worth hanging on to or should I be adding to existing positions of Linamar or Magna for example .
Thanks
Bill C.
Q: 1) I understand that companies that have increased their dividends recently do so because they're confident of their earnings for the next year or two. Is there an ETF that focuses on these companies?
2)I own PKW (concentrates on companies buying back their stock)and wonder which of these two approaches, companies that are buying back stock or those that increase their dividends, you would endorse?
2)I own PKW (concentrates on companies buying back their stock)and wonder which of these two approaches, companies that are buying back stock or those that increase their dividends, you would endorse?
Q: I have been looking at Lyondellbasil (LYB:NYSE) and Methanex (MX:TSX) as potential plays on the US industrial/chemical resurgence and cheap natural gas prices. I notice that LYB is not mentioned very often despite having had a great run and IMO still trading cheap relative to the rest of the S&P 500 (forward P/E). What are your thoughts on LYB? Is it worth picking up or is Methanex a better investment?
Q: Hello, Regarding CCT, what do you see in the future for this company. I have held it for years, and done very well, but it seems to have stalled. Better prospects elsewhere? Thanks
Q: Taking a real beating on WFI, down 15%. Any insights or advice would be much appreciated. Thanks.
Q: one last question regarding SUM
You have mentioned you would hold it here and wait it out which makes sense but I do not have a position a this time. Would you buy right now or wait to see what effect the CEO share sale plan has on the stock? It did recover somewhat yesterday.
Thank You Peter & Family
You have mentioned you would hold it here and wait it out which makes sense but I do not have a position a this time. Would you buy right now or wait to see what effect the CEO share sale plan has on the stock? It did recover somewhat yesterday.
Thank You Peter & Family
Q: Hi Peter,
I'm looking to deploy new money into one or a few names in the small to mid cap energy space. Could I please have your current thoughts on Crew (CR), RMP energy (RMP), and Raging River (RRX). Which of the three (if any) would you recommend at current levels? Also, do you see any of the three as takeout candidates in the next 12 months or so?
Many thanks, Peter!
I'm looking to deploy new money into one or a few names in the small to mid cap energy space. Could I please have your current thoughts on Crew (CR), RMP energy (RMP), and Raging River (RRX). Which of the three (if any) would you recommend at current levels? Also, do you see any of the three as takeout candidates in the next 12 months or so?
Many thanks, Peter!
Q: Alter NRG Corp
I am down 15% which (with a small position of $1,000) isn't that big a deal. And I know you mentioned in the past this needs to be considered risky. I don't have a problem holding unless there is something you know or can see which should tell me to get out now.
Thank You Peter & Family
Gord
I am down 15% which (with a small position of $1,000) isn't that big a deal. And I know you mentioned in the past this needs to be considered risky. I don't have a problem holding unless there is something you know or can see which should tell me to get out now.
Thank You Peter & Family
Gord
Q: I own Manulife (MFC) at an ACB of $17.86 in a registered account as part of a balanced portfolio. Would you sell it and buy Sunlife (SLF)?