Investment Q&A

Q: Hello 5i Team,

What do you know about this security? It is listed in Tsx but in US dollars! My discount broker told me I can buy the shares on line but I can't sell them myself. I have to go through the broker because of the U.S. pricing. Will it be a good diversification in a portfolio and what is the growth prospect? Thanks as always. Rossana.

Q: I don't understand how a (quite liquid) Closed-End Fund can have a share price that has a significant discount to NAV over an extended period. If I were to buy a fund such as EEF.US (European Equity CEF), could I expect that the current 10% discount to NAV will eventually tend to zero (or at least be significantly reduced)?

Thanks!

Q: hi folks:

can I have your update on this security?

and, should your review be negative, what would your choices be for a similar investment; both diversified (closed end/etf) or individual equity (wsp/stn/are etc)

thanks in advance

Q: Please give me your opinion on ocs.un. I bought some at 10.00 and some at $ 9.65. As you well know it pays .175 cents a quarter. When they called suckers for this closed end IPO, I answered the call. and now it is $ 7.43. Basically, they tax the payout as a capital gain so I have paid to get my capital back. Any chance of appreciation in the future?, or dump it. When I phoned to talk to them about the fund everything is top secret thanks to MR SCHWARTZ. THANKS

Q: This is a follow-up for Terry's questions regarding DFN. The most up-to-date NAV is posted mid-month by Quadravest (the managers of Dividend 15) on their website:

http://www.quadravest.com/#!dfn-fund-features/c1rr2

The current NAV is $19.19 as of August 14, 2015.

Q: Could you please tell me where I could get an up to date (daily) NAV for this stock and DFN.pr.a.I believe when the NAV falls below $15,the common stock dividend isn't paid.Thanks guys.

Q: Could I please have your thoughts on this reit. It appears to have a number of good canadian and global holdings.

Thanks, David

Q: You last reviewed it in November 2013. Would you please update your assessment. I am looking to consolidate a number of my REIT holdings, of which I hold a fairly diversified group of 15. Thanks.

Q: Hello Team
Do you have any opinion on this reit.Thank You

Q: Would appreciate your insight and feedback on investing in Premium Income today. Where can I find out what it holds in the fund and do you thins the dividend of 13.26% is safe? Thanks

Q: I would like to ad those two stocks to my port folio!
Could I have your opinion please!

Q: I currently hold this mutual fund Class F units. The company want to terminate this fund and merge with the Excel High Income Fund. The vote will take place later this month depending on approval this will happen as the manager recommends that investors vote for the merger. I will be in a loss position. Can you tell me what you think of this proposal and your opinion of this mutual fund.

Thanks

Q: Do you have an opinion on the "structured notes" issued by Canadian Banks ? For example, RBC Principal Protected Global Large Cap Growth Note. It seems that the principal of the notes is protected, but the principal will not be paid back for 6.5 years. Interest return is variable, depending on the underlying securities, but should be higher than standard rates (some say up to 9%). Surely such returns could not be guaranteed ? Can the notes be re-sold prior to term ?

Q: Hi,
I'm looking for stocks or funds with dividend.
What are you thinking with these, with nice revenues, or perheps too nice ?
Thanks in advance.
Francois

Q: My former broker stuffed my RSP with some Sprott funds which I have now sold at an aggregate loss of 55%. I am now left with some Sentry Funds to dispose of . I ask herein about one in particular : it is SENTRY SELECT PRIMARY METALS CORP CL-A SH (PME) . PME has lost 64% of its value. I don't understand how this fund makes money. It pays a good dividend -- but is that return of capital. Fees seem high.
I read your comment of Jan 27 on PME. Do you hold the same view you expressed then? Given the huge drop in PME, do you think I should just keep it OR do you have other better ideas? I surmise from this forum that you suggest most people should hold a bit of gold. I know nothing about gold and would be thankful for suggestions . I would also be OK keeping PME as is , IF , in your opinion, holding PME is optimal given the loss already sustained in PME.

Q: DFN is down. Dumb question coming: The 15 core holdings (7 Cdn banks, 2 insurance cos, 3 oil related, 3 others) are all or mostly down. The markets are down generally. Dividend payers are down generally on fear of a rate hike(s). For income purpose, isn't all that 'just noise' for DFN earnings & payouts unless its holdings actually cut their dividends? current price is looking attractive to me. What do you think?

Thanks and also for all the info you provide daily,
Mark

Q: I own this fund but it has been underperforming (3, 5 and 10 year) relative to the other fund I own, Mawer Cdn Equity. Should I move the balance in BTG to the Mawer fund?
Thank-you.

Q: Can I have your opinion on this fund which focuses on increasing dividends of companies with solid balance sheets. Would this be appropriate for a registered account which I shall not need to touch for about 5 years?

Thanks

Q: I hold VIP.UN-T as well as AV.UN mainly for income Since 2008. I have small capital gains in each, however the income has been steady. I wonder if there should be any concern and should I continue to hold these investment in light of the fact that the manager is planning to convert VIP.UN from a closed end fund to a mutual fund and the manager itself is experiencing some issues which include recent losses of clients as well changes at the top.

Q: I have been retired for one year. My asset allocation is: 75% equity, 6% cash and 19% fixed income. My broker at FBN says that I need to increase the fixed income part of my portfolio (RSP) and suggests those notes or ETF from BMO to stabilize my portfolio:
ZUH
Bank of Montreal JHN 8901 or Bank of Montreal JHN 8902
JHN 8905
NBC 1780
What do you think of those choices?
Any other suggestions?
Thanks,
Serge