Investment Q&A

Q: I am considering VEE within a Non-Registered Account and wondering about the consequences in doing so.

- Regarding the impact on my OAS clawback: I don't believe that VEE's current 2.26% dividend is grossed up like Canadian dividends. However, it would be treated like regular income and there is also a slight withhold tax. So to me net-net, with focus on its affect on the OAS clawback, it would appear that holding VEE in this account would have a slight edge compared to holding a Canadian dividend-payer. Would this be correct?

- Regarding Tax Form T1135: Vanguard is a U.S. company, but VEE trades on the TSX. Does VEE need to be included when considering Foreign Income Verification on T1135 ? Or does the fact that it trades on the TSX exempt it?

Q: Good afternoon Troops. 65y/o retiree looking to reduce my holdings and consolidate into an easier to manage portfolio. I have chosen six ETFs to give me some international and US exposure, some using covered calls for income. For the Canadian side of my portfolio I have chosen these ten stocks that would be my core holdings going forward. Can you please comment on this strategy and if these stocks are suitable for my situation. Cheers.

Q: I am an 80 year old value investor. In a diversified portfolio in all sectors, covered call ETF's as per above, make up 10% of my portfolio. I am satisfied with that and all but two are up. 30% of holdings are ETF's including the covered calls.
QUESTION:1. Am I holding too many covered call ETF's? They seem to take the stairs up and the elevator down faster than single stocks. 2. Is it supposed that the covered call ETF's will plunge faster than the single stocks in an expected steep correction?
Thank you

Q: Hi, can you give me a top level summary of the differences between Mutual Funds and ETF's? And which would you prefer when choosing funds to allocate dollars to the Global Market?

Thank-you!

Q: Wanting to diversify my holdings to include international markets.

Could you please recommend an ETF for India, Japan, Europe and emerging markets.

What percentage do you recommend to be outside North America?

Thanks Dave

Q: I hold VEQT, QQC, XDIV, QDAY & GIAX. I am selling all stocks and moving to ETF. My goal is to keep it simple and less monitoring.

Do you think there is a need to own SP500 & TSX ETF. If yes which one would you recommend.

Thanks for your excellent advice.

Q: Please give your opinion on the following "F" series funds. Any comparatives would also be appreciated Deduct as many credits as necessary.

rgCF
LYZ801F5.cf
RCDB-NE
GIDY-T
PMIF-T
QTIP-NE
DXP-T
GOC703.CF

Thank you

Paul

Q: I currently hold modest positions in both FEZ and VGK, and I am evaluating whether to add to my European equity allocation despite the generally weak performance over the last decade. I would value your view on:
• FEZ’s concentrated Eurozone-only exposure vs. VGK’s broader developed-Europe approach (includes UK, Switzerland' I am unsure about the UK’s prospcets),
• how their sector weights differ— financials, industrials, and consumer names,
• concentration risk in FEZ versus the broader diversification of VGK,
• the impact of European macro conditions, rate cuts, and currency trends on each ETF,
• whether it makes strategic sense to overweight Europe at this time,
• and whether increasing one fund offers a clear advantage or if adding to both provides meaningful diversification.
Your reasoning would assist greatly.

Q: Do you have a preference between DXJ and EWJ for Japan equity exposure? DXJ has outperformed historically—largely due to currency hedging but this may not continue. I would value your detailed view —and reasoning on:
• attractiveness of hedged vs. unhedged Japan exposure in the current reckless debt levels,
• fundamental index differences (TOPIX-based vs. WisdomTree dividend/quality tilt),
• concentration risks and sector biases of each,
• DXJ is already held and I could add to it but I wonder what you think of how each ETF fits into strategic vs. tactical allocations,
(whether holding both funds offers diversification? Or would that be unnecessary overlap?)

Q: Do you have a preference between FXI and MCHI for China equity exposure outside pure tech? I would appreciate your rationale e.g. index methodology and coverage (large cap vs broader market), sector weights, liquidity and cost, risk concentration.
Any structural advantages or drawbacks? Assuming portfolio capacity permits, does holding both make sense from an incremental diversification standpoint, or does one ETF sufficiently capture the intended exposure?

Q: these ETFs are my main yield workhorses. Can you suggest others to compliment them?

Q: What do you think about VIG, VDC annnd PPA as defensive purchases and is this time to think about adding defensive positions to a portfoliio? Do you have any suggestions for a defensive play?

Q: Is there an ETF that covers the Rockies LNG Partners?

Q: what is your opinion on TSCH-TD Cash Management ETF? Are there other options I should consider? I am considering putting some of my cash into this ETF- this cash is not required for at least 18 months so I would like to optimize returns. Thanks.

Q: I have a base of preferred shares ETFs to help counterbalance the tech stocks and their volatility, and these ETFs generally move very little in a day. Wednesday was an exception, with TPRF and CPD in particular, down more than 1%, and the others down quite a bit, as well. This despite the TSX and all other indices being up. Would you care to speculate what made all the preferred shares ETFs drop in tandem on Wednesday?

Q: This ETF share price is sitting at a pretty lofty all time high. Looking at its history, after a run up, it has always had a substantial pull back. Can you comment on the factors you think have led to its current level and whether you think it is still investable here? Thank you.

Q: Would you consider BTCX.B:CA a good way to invest in Bitcoin. What’s your overall opinion of
Bitcoin and is it worth speculating a small portion
of one’s portfolio?

Q: Examples of funds offering exposure to Chinese tech stocks include the Invesco China Technology ETF (CQQQ) and the iShares MSCI China Tech UCITS ETF (CTCE). So far this year, the Invesco China Technology ETF has returned 38%, roughly double the Nasdaq 100's 19% gain.

Which would you recommend?

Thank you.

Q: In light of Seema’s question today… “Please share your suggestions for 3 best index funds for TFSA as of today and non registered account for 5-10 yrs. What are your thoughts on CSU, GLY , SHOP to add as individual stocks. Thank you” …what do you think of keeping it simple and just contributing to XIT? XIT’s combined weightings of SHOP, CLS, & CSU is approx 70%, so this may be another reasonable way to invest in Canadian tech.

Q: What are your thoughts on the ETF SPMO? Would you see this as a reliable investment for a more growth forward investor during the long run? Would you combine this with a more stable dividend ETF to balance risk? Or would you prefer see someone invest in a Broad market ETF such as VFV. Thanks