Investment Q&A

Q: Could you please comment on the BMO covered call ETFs?

Thank you for your great service

Q: Hi Team, What is your thoughts about this company? I own it for income/growth.Thanks!
Jac.

Q: Is the deal with BCE good for Corus, from an income investor's point of view? I am down on my original investment and was going to top up a bit - by ~20%.

Q: Peter: It was good talking to you on the TV yesterday and getting your advice on Vermillion. As a result, I added to our position. Now, can I have your thoughts on two US real estate plays, HOT.UN and MST.UN - Thanks, Ted

Q: Looking to bolster my income names. The pipelines/util are languishing near there lows and the price targets on the names are much higher not to mention the juicy dividends. They look really good on the surface.I have modest positions in TRP,ALA,VNR. ENB, BEPand IPL are also on my watch list. VNR is the one that has held up the best. All solid companies, But are these names good value at these levels, some still trading at high teen p/e . Or do the banks offer better risk reward?

Q: I have heard comments that higher yielding stocks such as utilities, reits, pipelines and banks are bond proxies that will decline in price substantially when interest rates rise because their yields will rise along with interest rates. Do you know what the historical relationship has been between higher yielding stocks and interest rates during previous rate increase cycles?

Thanks

Q: what do you think about the class action lawsuit reported this morning? Could you explain how the installment receipts work?

Q: Been awhile since last comment on this,could you provide any further update or opinion.

Q: Team,

*Please count this as 4 questions*

Can I get your updated opinion on the following 4 US companies, all of which has had recent dips / corrections.

I own an avg. position in each as part of a balanced portfolio, thinking of adding more to each name, do you have a higher degree of confidence in any of these names more than the other? Thanks.

1. UTX
2. CSX
3. MRK
4. PG

Q: Hi Folks

My question relates to your October 28 response to Paul re: the likelihood of the SPB - CUS combination going through and the need for CUS to pay a big break fee if unsuccessful. In a report by RBC dated Nov 1 on SPB they stated that "We note that Superior Plus is taking full regulatory approval risk and would be liable for a $25 million reverse termination fee if it is unsuccessful in obtaining regulatory approval." So could you please clarify the situation re: the break fee and who pays in event the deal does not go through.

Thanks

Ross

Q: Hello - I try to diversify my portfolio best I can. However one concern I do have is not so much stock, or sector diversification. If I own a Brookfield portfolio of stocks (BEP.UN, BYP.UN, BIP.UN) that makes up 8% of my total portfolio, is it considered being too concentrated because of my weight in the Brookfield group?

Q: What is up with Dream Office? Yield in now 12.42%, it has fallen over $3 in the past month. What do other people in the market know that we don't? Is the dividend reasonably safe?

Joe

Q: I've held this since IPO and have been happy to collect the dividend. Now the stock is trading bellow the IPO cost that I paid and I am wondering if I should sell or continue to hold. Is there much more downside risk from here and are there any positives that will help the company to increase revenues and earnings in the next 12 months.

Q: WI-LAN has cut it's div.s and stocks drop like a stone do you think it has a chance to rebound . Please give your take on this company .

Thanks JIM

Q: I am under weight in the technology sector. From your portfolios what technology stocks might you recommend at this time (I own DH)? I am good with either income or growth stocks.

Is there a stock not in your portfolios that you may recommend over the others?

Thanks
Paul

Q: Could I please get your current view. They have increased their distribution 13 years in a row. Is this a good solid long term investment? Thanks

Q: What do you think of their latest results, and is this a good company for income and growth.

Q: Hello Peter/Ryan,

My RIF has one annual payment due mid Dec. I have narrowed the source of funds to either XHY, of which there is a large holding, or MRG.UN which also is a fairly large holding. The overall REIT holdings across five accts is 4.7%. The overall holdings of XHY and other high yield bonds is about 6%. Either choice will still leave a fairly large holding (dollar value) of the selected stock/ETF in the RIF

I am inclined to make the withdrawal from XHY as perhaps MRG.UN will provide a bit better return in the year(s) ahead. Do you agree with selling some XHY or would you recommend I sell some of each?

Separate point: Would it be possible to put the Model and Income portfolio stock listings in alphabetical order for next publication (either by symbol or by name).

Many thanks. Bob

Q: Hi guys, I have done very well with the consumer discretionary sector both in Canada & the U.S.A. My problem is that it has grown to 25% of my portfolio (each name is between 3 to 4%). What is your forcast for the sector in 2016 and should I trim now or wait until they reach 6 to 7%. Should you recommend trimming, what sector looks interesting to you to this time.

Thanks,

Jim

Q: Thinking about switching from Saputo (SAP, about a 2.5% position) to A&W. I'm a little under water on Saputo, I can use for a capital loss.

SAP is trading at around a 20-21x multiple, so in my opinion, chances of it running $3 or $4+ more in the short term is fairly limited. Plus, the Saputo family has a 34% voting interest so, I'm guessing, chances of a takeover are fairly limited in the immediate future.

These are the reason's I wouldn't mind selling SAP for a more efficient use of my funds. However, I am having difficulty valuing AW.UN in comparison with SAP. I like AW.UN's monthly dividend. I like the fact that it seems to be a well run business. And I like the fact its just about the perfect size for a large number of players in the food services industry to take them out. However, like I said, I am having difficulty valuing AW.UN. I'm wondering if you can help me out? Is it cheap, fairly valued, or expensive against the backdrop of its growth profile?

Thanks.

John