Q: The closed end fund (inc.un) has declined substantially in the past month but I can find no reason for the decline. The Quadravest site has no news and a couple of the funds holdings that I looked at showed no corresponding fall. Any idea what brought about this marked decline?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: I have inherited share of this fund and am now being asked by BMO Investorline if I want to redeem these at their net asset value on January 30, 2018. The shares currently trade at $ 13.98. From what I can gather from First Asset the NAV is $ 14.28 on December 6. This has not been a very remunerative fund, and I am slowly switching assets to match your portfolios. Is this an opportunity for me to get out of some or all of this investment at better than market price? I am not sure how many shares the fund will redeem, but should I put all of them up for redemption?
Thank you very much for your valuable ideas and service
Thank you very much for your valuable ideas and service
Q: TEKLA LIFE SCIENCE - Hello Peter, I am underweight in HeALTHCARE and thinking of HQL. Has good distribution. Would you endorse it or suggest an alternative. thanks
Q: is this worth 5 % investment in a US account and which one, tfsa ,rsp or US cash.
Thank You, James
Thank You, James
Q: I own CEF.A in my open CAD account and the USD version of the Central Fund of Canada in my TFSA. Is there a comparable investment substitute for these two?
Thanks.
Thanks.
Q: Kudos to your new website, it’s very user friendly and a good tool for the small DIY investor!
My inquiry is on a Canadian Healthcare ETF (HHL) which I find interesting in that it includes US companies such as Novartis, Stryker, Medtronic, Johnson & Johnson and Anthem in the top 10 holdings, indicated dividend is north of 8.00%!
Also, if one is to hold it in a TFSA would the dividends be subject to the 15% foreign withholding tax?
Thnx for your great service!!
My inquiry is on a Canadian Healthcare ETF (HHL) which I find interesting in that it includes US companies such as Novartis, Stryker, Medtronic, Johnson & Johnson and Anthem in the top 10 holdings, indicated dividend is north of 8.00%!
Also, if one is to hold it in a TFSA would the dividends be subject to the 15% foreign withholding tax?
Thnx for your great service!!
Q: Can you provide some colour on this Blue Ribbon Income Fund RBN.UN? It doesn't seem to be well known, but pays a very healthy dividend. How can they pay such a high dividend? Are they returning capital at the same time?
Thanks.
Thanks.
Q: Peter,your ex firm Sprott is taking over CEF,expected closing in Q1.2018.I have 1000 shs of CEF.A .The proposal is 1 sh of Cef.a for 1 new trust unit.Sprott stated that there is over $300m in value to be realized for Cef.a shareholders relative to 9% pre announcement NAV discount. Please advise of how much cash I will receive & Sprottt's calculation formula.If undervalued,then is it advisable to buy some more shares now?Also will the new trust unit be listed on TSX.I read u response to q on Nov 15--tender offer & select cash option(cash & shs).Thanks for u usual great services & views
Q: Gentlemen,
On healthcare sector I have GUD (1.3%) IBB (1.3%) & XVL (1%)
I want add 1.4% to the sector.
Will be a good idea to add HIG.UN ?
Your opinion please.
Thank you
Best Regards
On healthcare sector I have GUD (1.3%) IBB (1.3%) & XVL (1%)
I want add 1.4% to the sector.
Will be a good idea to add HIG.UN ?
Your opinion please.
Thank you
Best Regards
Q: Your evaluation on this company, worth getting in
Q: Held this for many years, love the divvies but getting concerned! Need your opinion. Thx James
Q: I am taking over my portfolio from my full service broker after many years.
In my RRSP I have $ 15,000 Of Life Banc and Split Corp and $ 15,000 of the Preferreds
Could you explain what split shares are. and if they are a good investment.
The current yield is over 11 % How do they sustain a yield of 11 %
I need to do a lot of rebalancing of the portfolio to make it alot more diversified Should I keep these two issues
Thanks for your great wisdom
Paul
In my RRSP I have $ 15,000 Of Life Banc and Split Corp and $ 15,000 of the Preferreds
Could you explain what split shares are. and if they are a good investment.
The current yield is over 11 % How do they sustain a yield of 11 %
I need to do a lot of rebalancing of the portfolio to make it alot more diversified Should I keep these two issues
Thanks for your great wisdom
Paul
Q: Clarification please: 5i's response to Edgar's question on how split corporations work was, "If a certain net asset value is not maintained, common dividends will cease to protect the preferred shares." The sentence sounds as though the preferred shares will stop being protected. Is it more accurate to say, "If a certain net asset value is not maintained, common dividends will cease IN ORDER to protect the preferred shares"? Sorry about the caps but wanted indicate the difference between the two statements. Thank you.
Q: Could we have your opinion of the increased trading volume and increased share price?also your thoughts of debt and pay out ratio?
Thank you.
Thank you.
Q: Product: TD Split share Preferred (xtd.pr.a)
Hello 5i
Thanks for the excellent investment coverage.
I have been utilizing this structured pref share as part of stable income portion of Portfolio for many years. Receiving over 5% dividend yield with a stable stock price has been helpful.
With interest rates potentially movin up over the next few years, this fixed rate product will begin to look less attractive.
If by Dec 2019 (termination date) an investor would like to terminate the holding and receive cash for shares, do you see this transaction being as simple as checking a box and waiting for cash to arrive from Quadravest? Near term Price has been $10.06 but may possibly drop below the $10.00/ share if investors want higher yield.
Do you see any risks associated with being paid out the full $10.00/ Pref share ...... on or about Dec 2019?
Any comment on what this transaction would look like?
Thanks
Dave
Hello 5i
Thanks for the excellent investment coverage.
I have been utilizing this structured pref share as part of stable income portion of Portfolio for many years. Receiving over 5% dividend yield with a stable stock price has been helpful.
With interest rates potentially movin up over the next few years, this fixed rate product will begin to look less attractive.
If by Dec 2019 (termination date) an investor would like to terminate the holding and receive cash for shares, do you see this transaction being as simple as checking a box and waiting for cash to arrive from Quadravest? Near term Price has been $10.06 but may possibly drop below the $10.00/ share if investors want higher yield.
Do you see any risks associated with being paid out the full $10.00/ Pref share ...... on or about Dec 2019?
Any comment on what this transaction would look like?
Thanks
Dave
Q: In the current market how do you feel as a strictly income play ?how much is return of capital,fees etc ?
Q: Hello,
A friend was talking about this fund. Cornerstone Strategic Value Fund. It shows a dividend of 18%. Your thoughts.
Thanks
Luke
A friend was talking about this fund. Cornerstone Strategic Value Fund. It shows a dividend of 18%. Your thoughts.
Thanks
Luke
Q: I see PIC.A has extended the term of these units but that there is a redemption option available for those who do not wish to continue and a potential 10% gain with that. I am interested in making a purchase now/soon - what would be your advice ???
Q: please give me your opinion of this closed end fund thanks
Q: What can you tell me about Ravensource Fund? Thanks!