Investment Q&A

Q: Season G's...How would you compare a convertible bond etf vs short term bond etf in a rising interest rate environment. Specifically regarding capital erosion and income, can they really be compared as similar investments all the best gary

Q: Hi 5i,

I'm a younger guy (mid 30s) who's fortunate enough to have saved hard and basically paid off my primary residence. I'm now looking to redeploy that equity through a credit line, which comes at a cost of prime + 0.5%. Our TFSAs are maxed (aligned with model BE/growth portfolios) and RRSP contributions are healthy, so I'm comfortable with our total equity exposure, but I would like a low-risk income-oriented holding in a new non-registered account that yields enough after tax to offset the cost of capital on the credit segment. Is there anything that comes to mind? Maybe a series of Prefs (neutralizes rate risk assiciated with this strategy) with a few high-yielding equities to bump up the overall yield?

Thanks for your help!

Q: Morning 5iResearch Team,

I am thinking of taking a position on HHL but a little leery about the high dividend yield. Your thoughts on this ETF is much appreciate.

Q: Hi Peter and team,
Recent PR from IPL regarding the 3.5 B project is confirmed, Market doesn't like it with SP down 7% in two days, at least for short term reaction. interesting, PPL's December Corp Update Ppt, showing " Pembina is proposing development of a world-scale, integrated PDH/PP facility in Alberta's Industrial Heartland " Here is the question, :
Is the same project (PP/PDH facility) or different ones ?
If the same one then IPL decided to go ahead, would PPL take it off from its to do list ?
As PPL's 2018 Budget doesn't show any major spending on PDH/PP project and still showing in progressing... no final decisions... .
Thanks

Q: This is a follow up to a recently answered a question about the p/e on CSU but pertains to other companies as well.

When calculating this valuation metric, is the share price in Canadian Dollars and the earnings in US dollars? Or is there an adjustment made to have the same currency in both numerator and denominator? If the currency is not adjusted then the p/e would be artificially inflated by 30% or so.

Q: Why is BNS the Canadian bank you seem to be recommending as of late?

Q: I am looking to move some cash after a year end portfolio clean up. I am considering 25% in each of VSC and VSB, 25% in PMIF, 25% in XHY. Would you recommend different ETFs and/or % allocations?

Thanks for you dedication
Merry Christmas to all.

Q: I have a portfolio modeled after your balanced portfolio with a few additions/ substitutions from the growth portfolio. My wife holds BIP.UN in a taxable account where it may be suitable to take profits this year rather than in the future. Would you sell and replace with either AVO or NFI at the current time? I guess I am asking if you expect more growth from AVO/NFI than BIP going forward. Thanks

Q: Hi Peter: Most utilities trade at a very high P/E because of the dividends. So what is the best valuation metric to look at for utilities? Is P/B, P/CF or P/S

Q: Could you please give me your opinion on LIQ. Is this a good point to get in and do you see any growth in the future.

Q: Just a comment and opinion, share if you like. I work for a smaller competitor to the above tickers, churn is more than concerning in the industry, in fact if you stopped actively selling you'd likely have no book of business left inside of 5 years. The real value is in the sales force and the companies ability to continue to outsell churn and because of this just buying the book at the multiples the industry has paid in the past makes little sense to me.

Q: Is there any difference between the etf and the mutual fund pm005? Would a combination of pmif and cpd make sense for the fixed income portion of a portfolio? What percent of each would you suggest?

Q: Good Evening
Can you please comment on the reasons for the 7.5% drop for IPL. during the last two days?
As a general rule, if yields approach the 7-8% range there is usually some concern with companies not being able to sustain their dividend pay outs.
I will appreciate your comments with respect to IPL's prospects going forward.
Thanks

Q: I own both but an now underweight - I don't really want to add a third. Which has the best long term perspective of the two

Q: I am a long time holder of FC and it has been fine for income but the stock is down this year and virtually hasn't moved in seven years. I was considering a switch to Atrium for a similar dividend and a slow but steadily increasing share price. Your thoughts?

Thanks!

Kim

Q: What is your opinion of BROOKFIELD REAL ASSETS (RA: nyse)?

Q: EIF has been buying back shares quite regularly lately. Do you think it is a good strategy given the current stock price and considering the money likely comes from the debentures issued a few weeks ago ?

Thank you

Q: Can you tell me which of the above companies would, in your opinion, offer more upside potential. Are there any other companies in this sector that would be preferable in your opinion? Thanks in advance.

Q: What do you think of these companies.

Q: I hold this stock.I have felt uncomfortable about its business and the way it operates. Has a risky looking yield. In spite of this , analysis have strong buy ratings on the stock. Can’t seem to get my head around this one. Help. I’m happy with your recommendation of ECN.Pr.A. Can you suggest another minimum rate reset preferred?