Investment Q&A

Q: The 5iR income portfolio has a 9.47% cash position. And in my income portfolio, cash is about 4.5% and my portfolio has 21 positions. Now I am wondering how I go about investing the available cash. This cash is the accumulation of income which is not need in the foreseeable future as the income portfolio is segment to the balanced portfolio. My intent is to reinvest this income back into the income portfolio. I could add another position but that would be adding to the overall positions which is already above 21....so I prefer not to do that. The other option is to invest in the existing positions. These positions are well balanced, aka no rebalancing required, other than a 20 decline in EIF-T. With your cash position being double mine, what are you expecting to do after July 12th? Or should I just "keep the powder dry" at this time in a savings account?......What I am really wondering is - What approach should be taken?.....Thanks....Tom

Q: What do you make of their recent acquisition? Small, accretive and very fast close! Is this the start of trend? How fragmented would the market be in the states?

TIA

Q: just raised some cash as a result of tax loss sale of QTHR which i plan on
repurchasing before October.
am looking to park the cash in either KWH.un or NVU.un for a month or two. they both pay a handsome dividend - 7.84 and 7.96
do you have a preference?? would the proposed interest rate increase affect either of these two companies?
edward in Montreal

Q: Hi Team,
News on pine line financing, Canadian lender Desjardins Group consider no longer lend to any pine line project the Canadian banks too.
So it is time to sell all Canadian pine line companies now?
Your commend high appreciated !
Thanks as always.

Q: I hold substantially less than 5% of each of the above securities in my diversified portfolio.The sector is not over-represented in my portfolio. I would appreciate your opinion as to which, if any, should be sold because of duplication; and/or to reduce the # of stocks held; and/or because of other specific concerns; and which, if any, should be added to. I do not require the cash from any disposition, am not averse to risk, and, subject to your comments, would reinvest it in this or any other sector which you recommend.Thank you in advance for your usual reasoned response.

Q: AltaGas seems to be on a downhill slide since early June. Is this soley the result of rising interest rates or is there more to it?

Q: I'm looking to add income in a RIF account,the yield on BGI.UN currently 8%+ do you think that this is sustainable over a 4/5 year time frame I'm looking at a 3% position in the portfolio.

Q: Wondering if you have an opinion on an etf - HBF, a mix of top brand name companies. If so - do you think their high dividend is sustainable? Thanks so much.

Q: I expect to retire in a couple of years. About 80% of my money is managed professionally but I keep a small account to help me stay aware of the markets comings and goings. In my utilities holdings I have a full position in Fortis, about 3/4 position in BEP.UN and a small holding of NPI. I am thinking of adding to NPI as a source of income. Your report of last year was ok, but notes that it should be reviewed in the summer of 2017. Any new thoughts on NPI? Would you add to it, to one of the other two, or avoid them all pending changes in interest rates?

Thanks for all your help - though I don't ask a lot of questions I learn a lot from answers to questions posed by others.

Q: Would appreciate your comments regarding Globe and Mail article on EIF which raises the criticism that when you take the company's cash flow and capital expenses, as calculated and reported according to International Financial Reporting Standards, the company has never consistently made enough money to pay its dividend. EIF response was that the company's capital expenditures represent "investing in growth.

Q: Hi,

Stock is down 7% ($1 or so) in the last month. It went ex-dividend ($0.16) last week. Any reason for the drop other than profit taking? Would this be a good time to add?

Thank you.

Q: I am a 46 y/o retired investor living on dividend income. I notice that your BE portfolio has a 3.5% holding of Telus (4.40% yield) and your Income portfolio has a 5.37% holding of BCE (4.92% yield).
While Telus currently has a lower current yield, it has a higher Dividend Growth Rate (DGR).
As a younger income investor, should my telecom holdings be more weighted to Telus over BCE as the Yield on Cost (YOC) should be higher for Telus in a few years because of its higher DGR?
Do you think that Telus has more company growth and therefore more stock price appreciation than BCE in the next 3-5 years?

Q: Is the Amendment of SGRS Royalties LP Credit Facility, Sutton Royalty Rate Increase announced have any significants? Particularly towards helping with their pay out ratio?
Thank You

Q: Hello

I parked some cash in HFR, suppose interest rates go up will HFR be net down?

Thanks

Q: We are still sitting with 20% cash waiting to deploy on downturn. Would like to enter market soon in your income portfolio and increase a 1.5% holding in IGM or other tech etf. Would now be a good time begin on the income portfolio and which tech etf would you favor. Thanks for your great service.

Q: Hi Whats pushing this stock and hi volumes
Stan

Q: Hello to all of you at 5i,
I'm debating whether to buy shares of Borg Warner so as to diversify outside of North America or make a move on Magna for almost the same reason given it does a lot of business in Europe. Which one do you see as having the better prospects? Thanks in advance.
Robert

Q: What's your opinion on 5% drop today and the following newswire? Is EIF still a good buy?

-- Exchange Income Corp Brief: BNN TV Cites Short Seller Cohodes As Saying Dividend is Unsustainable; Q1 Miss Was Due To Operational Woes, Not Weather; And Fleet is Old and Needs Overhaul

Q: With the prospect of interest rates rising in the very near future, is it time to lighten up on Reits?
Do you feel that there is much more upside in NFI and PBH stocks from their current values?
As always,thanks for your advice.

Q: Hi, could you please rank these 6% plus income stocks purely in terms of relative security of the dividend. Any that you feel might little too risky for a conservative retired investor. Thanks.