Investment Q&A

• BMO Covered Call Utilities ETF (ZWU)
  • View ZWU Profile
  • View Questions on ZWU
• CI Tech Giants Covered Call ETF (TXF)
  • View TXF Profile
  • View Questions on TXF
• Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX)
  • View UMAX Profile
  • View Questions on UMAX
• Hamilton Technology YIELD MAXIMIZER TM ETF (QMAX)
  • View QMAX Profile
  • View Questions on QMAX

Q: I am an income investor. I believe that umax and zwu are similar.

Would umax (14% yield) not be preferred to zwu at 8.2%

Same for qmax (11.8%) vs. txf at 8.3%

thank you for your comments

Upvote 9

Read Answer Asked by JACK on November 23, 2023

• iShares MSCI World Index ETF (XWD)
  • View XWD Profile
  • View Questions on XWD
• iShares S&P Global Industrials Index ETF(CAD-Hedged) (XGI)
  • View XGI Profile
  • View Questions on XGI
• Vanguard U.S. Dividend Appreciation Index ETF (VGG)
  • View VGG Profile
  • View Questions on VGG
• Health Care Select Sector SPDR (XLV)
  • View XLV Profile
  • View Questions on XLV

Q: I have the above ETF's in my TFSA and am wondering if these belong in a TFSA? On reading your newsletter "Investments to hold in your TFSA" , I interpreted this to mean they do not belong in the TFSA. Am I right?
Thanks for your response.

Upvote 1

Read Answer Asked by Terry on November 23, 2023

• Canadian National Railway Company (CNR)
  • View CNR Profile
  • View Questions on CNR
• Canadian Pacific Kansas City Limited (CP)
  • View CP Profile
  • View Questions on CP
• iShares S&P/TSX Composite High Dividend Index ETF (XEI)
  • View XEI Profile
  • View Questions on XEI

Q: Good Morning 5i group. What are your thoughts for a recently retired person who has a large gain on CNR in an RRSP to sell the position tax free and buy an ETF say XEI and essentially triple the income and also diversify the portfolio further ?
Thanks for the great service, a different ETF or investment idea for consideration would be welcomed.

Upvote 4

Read Answer Asked by STEVE on November 23, 2023

• iShares U.S. Aerospace & Defense ETF (ITA)
  • View ITA Profile
  • View Questions on ITA
• SPDR S&P Aerospace & Defense ETF (XAR)
  • View XAR Profile
  • View Questions on XAR
• iShares U.S. Aerospace & Defense Index ETF (XAD)
  • View XAD Profile
  • View Questions on XAD

Q: Hi. I'm looking at enhancing the defense portion of my portfolio and I'd like your thoughts on XAD. Or would I be better going with XAR or ITA?

Thank you.

Upvote 2

Read Answer Asked by Marc on November 23, 2023

• Brompton Enhanced Multi-Asset Income ETF (BMAX)
  • View BMAX Profile
  • View Questions on BMAX
• Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX)
  • View HMAX Profile
  • View Questions on HMAX
• Hamilton U.S. Bond YIELD MAXIMIZER TM ETF (HBND)
  • View HBND Profile
  • View Questions on HBND
• Harvest Premium Yield Treasury ETF (HPYT)
  • View HPYT Profile
  • View Questions on HPYT

Q: RE these 3 investment companies, which do you think is the best to invest in for high yield and modest growth: Harvest funds, Hamilton funds, Brompton funds. Thanks

Upvote 8

Read Answer Asked by george on November 23, 2023

• Invesco CurrencyShares Japanese Yen Trust (FXY)
  • View FXY Profile
  • View Questions on FXY

Q: If I believe Japanese yen will bottom out in near future, could you suggest some financial instruments for investors to take advantage of this scenario?

Upvote 2

Read Answer Asked by David on November 23, 2023

• iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ)
  • View XQQ Profile
  • View Questions on XQQ
• iShares S&P/TSX Capped Information Technology Index ETF (XIT)
  • View XIT Profile
  • View Questions on XIT
• Invesco NASDAQ 100 Index ETF (QQC)
  • View QQC Profile
  • View Questions on QQC
• Purpose High Interest Savings Fund (PSA)
  • View PSA Profile
  • View Questions on PSA
• Vanguard S&P 500 Index ETF (VFV)
  • View VFV Profile
  • View Questions on VFV
• Vanguard S&P 500 ETF (VOO)
  • View VOO Profile
  • View Questions on VOO
• INVESCO QQQ Trust (QQQ)
  • View QQQ Profile
  • View Questions on QQQ
• Vanguard Information Technology ETF (VGT)
  • View VGT Profile
  • View Questions on VGT
• TD Global Technology Leaders Index ETF (TEC)
  • View TEC Profile
  • View Questions on TEC
• Global X Cash Maximizer Corporate Class ETF (HSAV)
  • View HSAV Profile
  • View Questions on HSAV

Q: Could you please suggest a mirror ETFs from the listing below in Canadian dollar?

VOO
VGT
QQQ
PSA

thanks,

Upvote 4

Read Answer Asked by Shi on November 23, 2023

• BMO MSCI Emerging Markets Index ETF (ZEM)
  • View ZEM Profile
  • View Questions on ZEM
• Vanguard FTSE Emerging Markets All Cap Index ETF (VEE)
  • View VEE Profile
  • View Questions on VEE

Q: Can you please compare the following ETFs: ZEM vs VEE. In the past you had commented that ZEM may be more tax efficient because most stocks are held direct. Which ETF has the most exposure to China?
Thanks!

Upvote 3

Read Answer Asked by Grant on November 22, 2023

• iShares 20+ Year Treasury Bond ETF (TLT)
  • View TLT Profile
  • View Questions on TLT
• Vanguard Long-Term Government Bond ETF (VGLT)
  • View VGLT Profile
  • View Questions on VGLT
• Evolve Enhanced Yield Bond Fund (BOND)
  • View BOND Profile
  • View Questions on BOND

Q: Thoughts on this new high yielding bond fund? Thanx.

Upvote 4

Read Answer Asked by Steve on November 22, 2023

• Vanguard S&P 500 Index ETF (VFV)
  • View VFV Profile
  • View Questions on VFV
• Vanguard Growth ETF Portfolio (VGRO)
  • View VGRO Profile
  • View Questions on VGRO

Q: Age 25. Recently deposited a large sum into a new TFSA. Looking to purchase VRGO and VFV. Is this a wise decision and how should they be purchased? Expand purchases over, say 1 year?

Upvote 4

Read Answer Asked by Shawn on November 22, 2023

• Mawer Balanced Fund Series A (MAW104)
  • View MAW104 Profile
  • View Questions on MAW104
• Vanguard Balanced ETF Portfolio (VBAL)
  • View VBAL Profile
  • View Questions on VBAL

Q: Peter; Can you compare returns of the above two and which would be your preference? Thanks.
Rod

Upvote 2

Read Answer Asked by Rodney on November 22, 2023

• BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE)
  • View ZWE Profile
  • View Questions on ZWE
• BMO Europe High Dividend Covered Call ETF (ZWP)
  • View ZWP Profile
  • View Questions on ZWP

Q: Which would you prefer for a 2 to 3 year hold for income in a tfsa?

Upvote 5

Read Answer Asked by Steve on November 21, 2023

• KKR & Co. Inc. (KKR)
  • View KKR Profile
  • View Questions on KKR
• BMO International Dividend ETF (ZDI)
  • View ZDI Profile
  • View Questions on ZDI
• Berkshire Hathaway Inc. (BRK.B)
  • View BRK.B Profile
  • View Questions on BRK.B

Q: Hi

Presently own ZDI in our RRSP.

I am thinking of replacing ZDI with KKR & BRK.B.

KKR and BRK.B are bigger and are like an ETF without the fees.

Also in the long run I think KKR and BRK.B it will have better growth than ZDI .

We would be giving up a good dividend with ZDI go.

Thank you.

Mike

Upvote 1

Read Answer Asked by Mike on November 21, 2023

• SPDR Blackstone Senior Loan ETF (SRLN)
  • View SRLN Profile
  • View Questions on SRLN

Q: I just came across this quote within an Economist article:

“If you can earn 12%, maybe 13%, on a really good day in senior secured bank debt, what else do you want to do in life?” Steve Schwarzman, boss of Blackstone, a private-investment firm, recently asked.

Are there any bank bonds that you could suggest that would fit in this category?

Upvote 5

Read Answer Asked by Andrew on November 21, 2023

• Hamilton Canadian Financials YIELD MAXIMIZER TM ETF (HMAX)
  • View HMAX Profile
  • View Questions on HMAX

Q: Retired, dividend investor looking for income with this trade. HMAX is currently 1.8 of my equity position, down 15%. Would this be a good time to average down and take advantage of their 14+ dividend. How safe is the dividend? Do you have any other options

Upvote 9

Read Answer Asked by Lu on November 20, 2023

• Hamilton Australian Bank Equal-Weight Index ETF (HBA)
  • View HBA Profile
  • View Questions on HBA

Q: Can you tell me a little about this etf please? How are the dividends handled? I'd there a withholding tax?

Thanks

Upvote 1

Read Answer Asked by Mark on November 20, 2023

• BMO Low Volatility US Equity ETF (ZLU)
  • View ZLU Profile
  • View Questions on ZLU
• BMO S&P 500 Index ETF (ZSP)
  • View ZSP Profile
  • View Questions on ZSP

Q: I have been unable to find a comparison between these 2 BMO US ETFs. Would you suggest one over the other for a senior well into retirement? Fixed income taken care of.

Upvote 3

Read Answer Asked by M.S. on November 20, 2023

Q: I'm 79 thinking of selling all individual stock's, ETF's etc. and moving to Index funds ETF's.

Maybe keep the telecom, bank stocks that I have.

1] What is your opinion on this?

2] Could you list the best ones to invest in?

Thank you.

Upvote 12

Read Answer Asked by Ross on November 20, 2023

• Invesco S&P 500 Equal Weight Index ETF (EQL)
  • View EQL Profile
  • View Questions on EQL

Q: Can I have your thoughts on EQL for a momentum play on the S&P (3 to 5 years)? Thanks

Upvote 6

Read Answer Asked by Roger on November 20, 2023

• Direxion Nasdaq-100 Equal Weighted Index Shares (QQQE)
  • View QQQE Profile
  • View Questions on QQQE

Q: Hi 5i,

Do you know of a good Nasdaq Equal Weight ETF in Canada or do you have to invest in the US. If US, can I get your recommendation.

Thanks
John

Upvote 3

Read Answer Asked by John on November 20, 2023