Investment Q&A

Q: Hi 5I
I've tried in vain to understand IRE delisting (ADR's)from NY. I am with a discount broker (BMO) and I hold 1200 shares. I don't know if I can continue to hold the shares in kind at BMO (ADR'S) or do they get converted (or liquidated) and after 1 year can I continue to hold the converted security in the discounted brokerage.Excellent Site.
Thanks Bob

Q: I invest mostly in ETF's of foreign equities, but sold in Canada. Example XID. These are held in RRIF and TFSA accounts. If these are held for longer terms, is there any reason I should not purchase U.S. based ETF's instead? In an earlier question you recommended INDA and EPI rather than XID. What are the implications of holding US equities rather than ones based in Canada?

Q: Adding to the question I sent a little while ago....I just found this:

http://www.bankofireland.com/fs/doc/wysiwyg/bank-of-ireland-nyse-delist-21-1-2015.pdf

They're delisting from the US!!!! Would you please tell me what should I do? Thanks so much!

Q: Hi team, Hopefully you can help me. Supposedly Ireland will be the fastest-growing economy in 2015 for the second consecutive year.

According to the Goodbody report, the Irish recovery is solid and based on strong domestic demand. After 5 years Ireland's budget deficit will dip to 3% from 32%. More on the link:

http://finance.yahoo.com/news/goodbody-ireland-once-again-europes-115939440.html

On top of that, Moody's upgraded deposit ratings of Bank of Ireland (not sure how important this would be).

Would've thought these were all good news and IRE would be up not down by almost 8%!! Any thoughts please.

Thank you!!

Q: could you please provide your current thoughts on this stock. It is an Indian company and manufactures generic drugs. Is it a good time to enter this stock. What should be the entry price? My other holdings in India are EPI and INFY.

Q: I realize this may be outside your coverage universe but here goes. I am initiating a position in ANFI. This Indian foods producer has plummeted and yet seems reasonable by all relevant metrics. Moreover they would seem to have some structural tail winds. They look like a true value proposition in a somewhat pricey equity environment. I see no cogent reason for a 50% loss in share value. Your thoughts are appreciated.

Q: What are your thoughts on CS:NYSE?

Q: Hi Peter, would you be able to shed some light on this Fund? Is it an ETF, a MF? Is there a MER? Would you buy this for exposure to the growth in India? Jeff

Q: Hi Peter and team, recently I read an article on Bloomberg BusinessWeek about how India aims to be the next manufacturing super power under the vision of new Prime Minister Narendra Modi. According to the article hourly manufacturing labour cost in China is $3.52 compared with just $0.92 in India. Also the new prime minister is making reforms to streamline the process for global manufactures to set up manufacturing facilities in India. Are you bullish on the India's growth story going forward? Is XID is a good way to get exposure to India's growth? What other ETF s available to get a good exposure to India?

Q: Hi 5i Team,

If you were to bet on a stabilization of oil prices and a slight increase later in 2015, which of the following stocks would you buy: Chevron (CVX), British Petroleum (BP) or Royal Dutch Shell (RDS.B).

Many thanks!

Michel

Q: An interesting article in the Globe suggesting Indonesia could be rising now like China was in the 80s. Do you have an opinion on this? Can you recommend an ETF for Indonesia? Can you suggest any direct investment ideas? Thank you!

Q: Is there an etf on the Toronto or US stock market to participate on the Shangai index?

What the difference between the Hang Seng an Shangai stock Market?

To wich of these markets are related xch and zch?

Regards

Q: Seems like India has done very well and the preamble I hear seems to suggest that the same will happen going forward. I understand Prem Watsa is opening an India Fund, and there are the excel funds. Should I consider either of these or perhaps a couple of blue chips india stocks. What are your thoughts. I also would have the same question about investing in Vietnam, Thailand & Indonesia. Any suggestions would be much appreciated. Thanks.

Q: Hi Peter & team, SAN was halted and now is back trading. They announced a Priv. Placement of Senior Notes. Would you consider SAN a buy?
Thank you!

Q: I respect the opinion of David Rosenberg at GS as an astute macro economic observer. He is quoted in the National Post saying "Eurozone financials, meanwhile, are much cheaper after severely lagging in 2014. As a result, the strategist thinks the group has more upside potential than downside risk since some trade at single-digit multiples.

He also pointed out that European stocks as a whole offer a 3.7% dividend yield, compared to below-60-basis-point yields on German 10-year bunds.

“The ECB has no choice but to get more aggressive so the euro remains vulnerable, but that should be positive for large cap exporters,” Mr. Rosenberg said.

It's hard to believe European stocks as a whole offer a 3.7% dividend, so he may be referring to Eurozone financials here. What ETF or other way of investing would you suggest if one wanted to follow his advice to get this kind of yield? Thanks, J.

Q: Last year I asked you what foreign stock market would be the best performer for 2014 and suggested ishares Japan or Germany as options to buy. You went for Brazil which didn't work out too well, while my own prediction for Japan was only slightly better. What is your prediction for the country ishares to buy in 2015?

Q: Which of the following etf's holding emerging market securities would you recommend.... HAJ, VEE or ZEM? Most of my other ETF holdings are Blackrock iShares with some BMO products, so I would like to diversify into Horizons, Vanguard, or BMO on this one. Many thanks!

Q: I hope you all had a Merry Christmas and we are looking for a prosperous New year with your advice. I would like to diversify my holdings outside of Canada for growth using etf's. What areas of the world and what etf would you recommend? I already have etfs in the US for exposure there. Perhaps a etf for Britain, Korea, India or China? Or would an etf that covers the world ex US make more sense. I appreciate your wisdom and advice on these matters.
Colin

Q: dont know why everyboby goes to FEZ instead of FEU which has top country's has England,Germany and Switzerland with a much higher yield. Versus France replacing England in FEZ.your opinion on FEU please. The best for the coming year to the team. Great stuff.

Q: Do you follow Martin Armstrong? What is the best way to short emerging market bonds? Thanks, Andre