Investment Q&A

Q: I currently have a 3.5% position in KWH. With funds expected from the buy out next week, what are your recommendations to re- deploy as income generating in the same sector.

Q: Hi can I have your take on the latest offer of 42.50?
Kind regards
Stan

Q: What are your current thoughts on EXE? Hold or sell?

Q: Any info you can share on this trust? How does one invest in it if it is appropriate?

Q: Good morning 5i Team

I currently have a half position in BPY.UN and have been looking for an opportunity to increase it to a full position (3.5%). I'm primarily interested in dividend income (I like BPY's 7%) supplemented with some growth. I tend to hold dividend payers for long term.

I would have thought lower interest rates would have been a tailwind for three reasons:
1) dividend income versus alternatives
2) lower cost of borrowing
3) lower cap rates for properties for sale, increasing potential sales price (offset by recession risks lowering demand for same).

Interested in your comments on this.
Thanks as always.
Peter

Q: What is 5i thoughts about the additions to Caldwell Partners' board of directors? This news coupled with Ewing Morris acquiring a 20% stake in CWL last year maybe a signal for change at CWL in terms of better utilizing the capital markets. Do you agree?

Q: Hi Have my TFSA in these tickers. Doing very well (THANK YOU), I'm thinking I would like to park it, small growth, dividends, capital preservation comes to mind.
Would you please make some suggestions (stock, etf, etc) to help me accomplish this.
Thank you 5i!

Q: I currently own CVE should I keep or sell it , also would like to buy NTR for my TFSA as a longer hold is it fairly conservative , thank you.

Q: I currently own MX, down a lot.
SPB is at a high, MX is at a low - for a momentum trade, would you endorse a switch from MX to SPB, or is that just selling low and buying high and therefore not recommended?

Q: I have received notice that my TD.PF.B preferred shares are being reset & I have the option to convert these series 3 preferred shares to series 4 preferred shares. From my understanding of the TD.PF.B series 3 prospectus the series 3 interest rate will be fixed for the next 5 years based on the present Canadian Government 5 year bond rate plus 2.27%. While the series 4 next 5 years interest rate will be calculated every 3 months based on the Canadian Government 3 month Treasury Bill plus 2.27%. My question is, which would you choose, 1) series 3 which will have an approximate 3.8% interest rate for the next 5 years OR 2) series 4 which have the possibility of having a greater or maybe less interest rate over the next 5 years OR 3) sell the shares & purchase shares that have a better chance of future growth. I bought the preferred shares when issued at $25 per shares & am presently underwater by 10% when the 5 years of dividends received are added to today’s market prices. I do not need the dividend as income & the shares are in a registered account. Thanks … Cal

Q: 5i's - Looking for a low beta low PE defensive US pipeline stock - found this one which had a precipitous drop in stock price this year - 3 questions - why the drop - is this one a defensive place to invest in that sector - what would you recommend (one or two stocks) for US pipeline exposure with above criteria - 3 thank yous - Ken

Q: I have a 2% position in NTR looking over time to bump that up. Wondering about its almost 10% drop recently and with earnings release coming up, does somebody know something the rest of us do not? Would you buy now or wait for quarterly? I'm a buy and hold mid-to-large cap income investor.
Geoff

Q: What is your view towards this company if I boy more for income. It is giving about 10%, with dividend of $2.76 /sh. , but its eps. is $1.92 and its free CF. is much lower. Do u foresee a dividend cut?

Q: RBC Direct Investing has a fair value of $13.61 and a Morningstar rating of a single star.
This low rating has been reported for several months.
I would like to add to my TFSA $6,000.00, however, hesitant because of the low rating by RBC.
Would you recommend this stock at the current price or have others you would prefer. Five year hold as an investment.

Thanks for your advice.
Hal

Q: Which Dividend ETF would you recommend I buy in my RRSP. I have no need for the money for at least 3 years.
Thanks

Q: I hold aqn in my us rif with td waterhouse. With the Canadian dollar seeming to gain would I be wise to switch back to the Canadian side and pay the 2% exchange or hold ? Your thoughts on the dollars direction

Q: If I sold Crius now,please confirm I would receive the dividend payable in August.

Q: Greetings 5i team,
I hold these three securities (one mutual fund and two ETFs) in my RSP for global (non-Canadian) equity exposure, total 17% (approx 150k) of overall portfolio and am looking for 5i analysis and possible replacement recommendations. Among the three I have some active management which has been successful, but expensive (EDG), some div income incl 50% US (CYH), some global non-NA exposure (XIN). I primarily invest in international securities for the diversification and growth and not nec income.
I would like to:
- possibly trade off the div income (CYH) for greater international growth
- understand if the active management component is worth the squeeze (cost) for this particular and only MF I own (EDG)
- reconsider the mix of international exposure among the three securities

What combination of ETF(s) would 5i recommend as potential replacement (or sustain as is) for these three securities that meet my goals?
TY for your work

P.S. Good webinar today on Portfolio Analytics.

Q: Hi there,

I am always interested as much in which stocks do not make your income portfolio as which ones do. Is there a reason Corby has never made it - seems less volatile, good income , cash cow - on the other side very slow if any growth and low trading volumes. Just curious?

Q: Noticed that Diversity Royalty dropped by almost 4% today. I have held this for many years. I couldn't find any news that would explain this unusual move. Am I missing something?