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5i Recent Questions
Q: My long term etf, HTA has just announced a distribution increase of approximately 7.7 %. How do they manage this as the underlying stocks have not increased their dividends anywhere near this % ?

HTAE holds HTA and uses leverage for enhanced performance ( up and down .) It borrows 25 % of the portfolio value to do this. What are the typical terms regarding such borrowing ? Is this liability reflected in unit price ? Is a liability of the etf provider or the unit holder ?
Any light you can throw on these questions would be appreciated. Thanks. Derek.

Read Answer Asked by Derek on January 08, 2025
Q: My TFSA is roughly equal parts EIF, LMN, and WELL. MY TFSA is roughly 5 % of total reg. and non registered accounts. I am retired and have used my TFSA for more growth orientated stocks; with limited success. I am looking to replace these stocks ( which I also hold in other accounts ) , with HTA. I hold HTA in other accounts as well. HTA gives me access to 20 of the largest tech stocks and an 8% return which I receive every month ( important to a retiree ). Am looking at doing this in stages with EIF first and then the other two depending on fundamentals, relative value, etc.

Would you do this in stages or in one shot recognizing that I own these in other accounts ?
Your thoughts of HTA as a single holding in a TFSA to be representing 8 % of total portfolios ?

Thanks. Derek
Read Answer Asked by Derek on September 18, 2024
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