Investment Q&A

Q: Looking mainly for income and some growth in my retirement portfolio. Already have a full position of SLF.
I love the dividend that MFC provides but have little confidence in their growth. Do you feel that GWO:CA looks more promising?

Thanks as always.

GM

Q: Hello 5i Team

Northview Fund issued a press release June 12 announcing a recapitalization event and conversion to a traditional REIT (Northview Residential REIT NRR-UN).

There was lots of information to un-pack from the news release, however I am confused by the statement regarding future distributions once the recapitalization occurs:

In anticipation of the completion of the Transaction and the conversion of the Fund into a more traditional real estate investment trust, it is the Fund's intention to commence paying a distribution of $0.625 per Class A Unit per annum, or $1.09375 per Unit per annum after giving effect to the Consolidation

Based on the above, the current holders of NFH-UN would receive $0.625 per annum per unit (i.e. approximately 7.18 % based on current $8.70 unit price).

Questions

1 - Is my interpretation of the proposed distribution correct?

2 - Is it better to wait a while until all the applicable documents are available on SEDAR and can be reviewed prior to purchasing units?

2 - General opinion of this recapitalization

Ironic this entity has gone full circle in the last four years (Northview Apartment REIT, Northview Fund and now Northview Residential REIT). Lots of fees for investment bankers and lawyers.

Thank you

Q: Hi 5i Team,

I am looking to create a dividend portfolio of 15 positions yielding around 6%. My plan is to weigh these positions equally in a non-registered account. A good number of these equities are in your income portfolio but I just wanted to get your opinion if you would swap any of these out or add anything else?

Telus
Enbridge
CNQ
TRP
MFC
BCE
TD
SLF
A&W
BEP.UN
BNS
Acadian Timber
Fiera Capital
CPD
CVD

Thanks in advance for your help!
David

Q: Peter; Re the Telus question- they have stopped their optic cable program- blaming the Government’s ban on Huawei.
Rod

Q: Hello, is it possible that the "Communication Services" sector no longer exist and has been replaced by "Media"? Companies such as Bell, Telus, Meta and Google are all in the "Media" sector, is that really the case? Thank you

Q: I see on a recent answer you like consumer discretionary, any thoughts on consumer staples and having a position in XLP?

Q: I manage my daughter and her husband's investments. They currently own the above equities (except XST), plus fixed income. I would define them as conservative investors.

Regarding their asset allocation, I am still in the process of building out their portfolio. They are a little light on Consumer Staples. I was trying to find a suitable ETF and came up with XST.

Q#1 = What are your current thoughts on XST? The constituent holdings actually look pretty good. The various rates of return also look good.

Q#2 = Are there other ETFs that I should consider? I couldn't find a BMO version. I have read the past questions on XST and it appears to me that XST is the front runner (compared to VDC and XLP), when looking at past performance.

Thoughts? Agree?
Thanks for your help...much appreciated...Steve

Q: iTrade has notified me that I must apply for a TIN Number from USA if I trade PTB's or own them. Problem is I have no way of identifying if the stock is a PTP or not. The way I read it that would be all US stocks and the site they send me to (https://www.irs.gov/individuals/international-taxpayer-identificaion-numbers-tin) basically says you need to become a US citizen. I run 3 accounts in in USD, Cash, RIIF ant TFSA. Do I have to abandon US investing??

Q: Dream Industrial REIT seems to be doing very well on its own. I am confused and concerned over how it relates to, and is impacted by, the other Dream offerings (Dream Office, Dream Equity etc.). The market didn't like the Secondary Bought Deal Offering (May 16th) and I'm wondering if there are other such risks with DIR.UN being part of the Dream umbrella. Any insights would be much appreciated.

Q: Further to my question of the other day, are there any AI stocks based in Canada?

Q: Please list some of your favorite U.S. growth stocks. Perhaps 5 small-cap and 5 mid-caps. Thanks.

Q: Based on the current yield curve, what kinds of maturities should I have for my bond allocation? As the yield curve is currently inverted, and if we expect the yield curve to become normal again, then should I have more short-term bonds to benefit from price increases with short-term yields coming down?

Q: Do you expect better growth from TSU or ATD?

Q: hi, can you summarize ENGH earnings compared to expectations, and what are your current thoughts on the stock as a long term hold (im a long term holder of it).
cheers, chris

Q: Which US bank is the better bet: US Bancorp or JP Morgan or do you have another preferred pick?

Q: Do you still feel optimistic about Inmode? I am looking for a smaller healthcare company with a positive upside to fit into my portfolio with ABBV and ISRG. Or is there another company you prefer?

Appreciate your insight.

Paul F.

Q: Is there any particular reason for QCOM’s sudden momentum over the past few weeks. I didn’t think its business was specifically in the AI chips. Just wondering if it’s just rallying with the the general rise in the AI-related space. Thanks

Q: With US inflationary concerns (hopefully) receding and the Fed finally pausing on US interest rate hikes (again hopefully) I'm hopeful the US market strength will broaden from some of the mega cap names like NVDA down to more mid-cap opportunities. Are there any mid ($2.5-20bn market cap) names you like currently/would suggest? (US or Canadian)

Q: I have a small holding in Tesla shares and have been buying only when share price drops below $180. I do not intend to allow this holding to go above 3% of portfolio. Given current momentum what price would you now consider a very good entry point?

Thank you,

Mike

Q: I am down with the above could you give me your advice to HOLD or SELL
THANKS. Pat K