Investment Q&A

Q: I am using this high interest savings account (about 4% ) to hold money for RRIF (monthly)withdrawals. if I am correct there is no trading fee as with PSA etc. Is this the best way of managing this issue?
Thanks for your help Tom

Q: In these times where the financial health of companies are being put to the test, are bond funds like XHY, which hold 60% BB grade bonds and 30% B grade bonds, something that a wise investor should be pulling out of?

Q: After recent developments in Ukraine-Russia war, Russia now treating NATO as a direct enemy, so we are are going to see significant escalation in cyber war activities, meaning more money is going to be spend on cyber security. To capitalize on this, I would like to invest in one of these three cybersecurity ETFs. I am leaning towards BUG because it has higher concentration of security names, two other ETFs have many cloud/infrastructure holdings (e.g. Cisco, Cloudflare, etc.) that have little to do with cybersecurity. Yet, BUG is the smallest out of 3 ETFs and it has very high average P/E ratio... Which ETF do you recommend and what's you reasoning for the choice? Thanks.

Q: Wondering…..what would be your recommended route for investment in battery metals … stocks, ETFs ?

Q: Within a TFSA is the dividend of VFV:CA (Vanguard S&P 500 Index ETF) subject to a withholding tax?

Thank you.

Q: I believe in copper investments for long term for various reasons.What would be your choice concerning copper mining stocks ETF,I noticed that COPP holds mostly CDN stocks and COPX is quite diversified geographically.Any other copper mining stock ETFs suggested ?

Q: How do you think REITS will do in 2023? What would be your preferred ETF? Thank you.

Q: I'm primarily a growth investor with a tolerance for risk. I do not have any semi-conductor companies in my portfolio. I was considering AMD or NVDA but I'm not wondering if AEHR might be good play to consider since it does chip testing. It does seem to be growing revenue quickly and surprising the market with it's earnings. What comments/advice do you have wrt to how I should think about the chip players including the high tech testing play that AEHR offers? Thanks!

Q: I have an RESP for my nephew who is in grade 12 now and attending a college in the fall. His parents are not great savers, and I don't have children, so I'm fine to subsidize his education. I currently hold only CDZ and TD in the RESP and would like to add some additional cash soon.

What's your advice on how to proceed? Do I add to one or both, or would I be better to invest in CASH or PSA.

Thanks,
Robert

Q: What are some thoughts and opinions on XSU

Q: Please explain why the yields on these etfs differ so much

Q: Hi.

Im looking for an ETF". developed Europe " on the US side similar to the VE (can)I looked at those but both have Asia included

VEA or Vxus


thanks a lot

Margit

Q: Hello I’m wondering if you could name a couple of USD traded etfs that would be as close to the equivalent of PSA or CASH but trade in USD either on a Canadian or US exchange if necessary. Thanks

Q: Good morning.
We are retired and rely on our investments for income.
We are looking to simplify our portfolios and would appreciate your opinion.
We are hoping to utilize etfs in our rrsp and tfsa.
In our non registered we would like etfs and Canadian dividend stocks to utilize the the dividend tax credit as this is our main source of income.
At present our set up is:
TFSA. VDY
RRSP. VIG
non registered. 70 % (VDY. XIU. VCE with 15 individual canadian stocks )
30%. ( VGG. ZSP. ZNQ)

Is this too simplified?
Are there any etfs we should add or delete or would be better.

Thanks for your help.
Victoria

Q: Hi Everyone at 5i!!
I own Maw global small cap and have rode it up and down. I am given to understand that it is a good fund but the MER is high. Is there an ETF of a similar nature that I could reinvest my money in??

Cheers,
Tamara

Q: Good afternoon,

I would like to ask a question regarding return of capital ("ROC") with some mutual funds. I am having a tough time getting my head around the actual logistics of how this works. Consider the following basis example:

I own 1000 units in Fund A. My ACB is $10 for an initial investment of $10,000. It is trading at $10. My yield is 5%, paid monthly. Let's assume that of this 5% yield, 4% is dividend, and 1% ROC.

Assuming AUM for the fund remain constant, and assuming that I continue to hold 1000 units, where does the cash come from to pay this 1% ROC? I am assuming that for it to be classified as ROC for tax purposes that it is neither income nor capital gains. And beyond my ACB being reduced, is there anything else regarding my initial investment that I need to be concerned about.

Q: Given that I sold this Purpose bitcoin fund for tax loss in Dec, can I replace it with an alternative company bitcoin fund (CIX) and not jeopardize the tax benefits? It has not yet been 30 days since the sale. Thanks,

Q: Your thoughts on these funds from Hamilton. Would be for an income portfolio. HYLD in an RRSP which will transition to a RRIF in next few years. HDIV would be held in a non-registered acct.
Yield is attractive but are they sustainable? Is a fund of fund and fees for Hamilton are stacked on top of fees for underlying ETFs.

Q: Greetings 5i,
I am retired and typically don't have much in the way of fixed income since we have decent pension income, dividend income from a non-Reg account and some income from our RRIFs (started early to postpone CPP).

However, there is likely opportunity now for short-term bonds (higher yields as bond prices have fallen) and long-term bonds (capital gains when interest rates start to fall). Could you please identify two Cdn bond ETFs that would satisfy this rate dumbbell scheme?

Thanks as always for your excellent service.
SP

Q: Hello 5i Team
Last year stocks and bonds both had a down year, I would like to add to a fixed income ETF that you think would have upside the next few years as interest rate starts to pause and decline in the future. I currently own a position in Vbal etf which has bonds component in it.
Thanks