Investment Q&A

• Purpose US Cash Fund (PSU.U $100.19)
  • $100.19 Cap: $812M
  • View PSU.U Profile
  • View Questions on PSU.U
• Global X High Interest Savings ETF (CASH $50.02)
  • $50.02 P/E (TTM): 13.15X Cap: $6.77B
  • View CASH Profile
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Q: How safe are these savings ETFs? If the company behind them, say Horizon, which I believe is owned by a Korean company Mirae Asset goes under what happens to your money?

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Read Answer Asked by John on September 28, 2022

• Union Pacific Corporation (UNP $229.49)
  • $229.49 P/E (TTM): 19.5X Cap: $136.12B
  • View UNP Profile
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• iShares Russell 2000 Growth ETF (IWO $349.46)
  • $349.46 P/E (TTM): 22.82X Cap: $14.46B
  • View IWO Profile
  • View Questions on IWO
• SPDR S&P 500 ETF Trust (SPY $691.66)
  • $691.66 P/E (TTM): 26.22X Cap: $716.27B
  • View SPY Profile
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• iShares U.S. Transportation ETF (IYT $77.80)
  • $77.80 P/E (TTM): 15.9X Cap: $968M
  • View IYT Profile
  • View Questions on IYT
• Vanguard FTSE Developed Markets ETF (VEA $65.14)
  • $65.14 P/E (TTM): 15.39X Cap: $195.41B
  • View VEA Profile
  • View Questions on VEA
• Vanguard Value ETF (VTV $198.37)
  • $198.37 P/E (TTM): 19.27X Cap: $158.87B
  • View VTV Profile
  • View Questions on VTV

Q: I want to crystalize tax losses in my non-reg account. Can you please suggest good proxies for IYT, VTV, VEA, and IWO? Thanks.

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Read Answer Asked by Michael on September 28, 2022

Q: If the strategy to be pursued is to invest Canadian cash for 3 years believing in a stronger Cdn dollar against the US dollar and that let's say Cdn equities and US equities will strengthen equally, is it better to buy a Cdn dollar ETF that holds US equities or one that holds Canadian equities?

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Read Answer Asked by Ken on September 28, 2022

• BMO Nasdaq 100 Equity Hedged To CAD Index ETF (ZQQ $174.61)
  • $174.61 P/E (TTM): 29.26X Cap: $2.82B
  • View ZQQ Profile
  • View Questions on ZQQ
• iShares U.S. Small Cap Index ETF (CAD-Hedged) (XSU $50.41)
  • $50.41 P/E (TTM): 17.68X Cap: $718M
  • View XSU Profile
  • View Questions on XSU

Q: I am looking for a CAD hedged version of vanguard's mega cap etf MGC-A. Is there one?
which CAD hedged ETFs would you recommend for the russell 2000 and nasdaq- XSU nad ZQQ?

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Read Answer Asked by Mary on September 28, 2022

• BMO Long Federal Bond Index ETF (ZFL $12.16)
  • $12.16 Cap: $1.31B
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Q: Hi 5i team,

I am feeling BOC will stop raising the interest rate at one point. Is this a good time to start accumulating this name?

thanks,

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Read Answer Asked by Kyle on September 28, 2022

• Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC $10.78)
  • $10.78 P/E (TTM): 6.67X Cap: $708M
  • View ENCC Profile
  • View Questions on ENCC

Q: What is your opinion of ENCC? Apart from the dividend is it a worthwhile investment at today’s price?

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Read Answer Asked by Rick on September 27, 2022

• Purpose International Dividend Fund (PID $30.87)
  • $30.87 P/E (TTM): 24.8X Cap: $149M
  • View PID Profile
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Q: Hello Team ..I have US and CA$ in my income oriented RIF. I would like to buy either PID:CA ( using CA$) or VYMI ..given their depreciated value (and high US$ ).Both have great dividends but the macro is awful and holding me back which makes me think it is exactly the right time to start easing in. I would appreciate your thoughts...best regards. gary

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Read Answer Asked by Gary on September 27, 2022

• Vanguard S&P 500 ETF (VOO $636.09)
  • $636.09 P/E (TTM): 26.09X Cap: $836.18B
  • View VOO Profile
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Q: What's your thoughts on starting to buy into VOO at this point for a 20 year time horizon and any any guesses on market bottom?

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Read Answer Asked by Wes on September 27, 2022

• iShares S&P/TSX Capped Financials Index ETF (XFN $79.40)
  • $79.40 P/E (TTM): 12.38X Cap: $2.03B
  • View XFN Profile
  • View Questions on XFN
• BMO Equal Weight Banks Index ETF (ZEB $59.43)
  • $59.43 P/E (TTM): 11.77X Cap: $5.57B
  • View ZEB Profile
  • View Questions on ZEB

Q: How do you see ZEB and XFN performing going forward in this environment?

Thanks for your service!

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Read Answer Asked by Ozzie on September 27, 2022

• Vanguard Total International Stock (VXUS $78.64)
  • $78.64 P/E (TTM): 11.84X Cap: $122.06B
  • View VXUS Profile
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Q: Is this ETF unhedged? Since USD is very high and the world currency has been crushed is this a good time to buy this etf for diversification. Rest of my portfolio is in the US stocks.

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Read Answer Asked by Rajendra on September 27, 2022

• BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF (ZMU $12.85)
  • $12.85 Cap: $3.49B
  • View ZMU Profile
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• BMO Asset Management Inc (ZTL)
  • View ZTL Profile
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Q: Hi
I am holding about 50 % cash

Does it make sense to just hold it for a while or put it into USA treasuries. And if so what would be the best choice? Stocks like ztl zvi or zmu or something else

Currently I hold no bonds … mostly dividend stocks like bce- enb- dvn - financials - reits.


Thanks

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Read Answer Asked by Donald on September 26, 2022

• Purpose High Interest Savings Fund (PSA $50.06)
  • $50.06 Cap: $3.17B
  • View PSA Profile
  • View Questions on PSA
• Purpose US Cash Fund (PSU.U $100.19)
  • $100.19 Cap: $812M
  • View PSU.U Profile
  • View Questions on PSU.U
• US High Interest Savings Account Fund (HISU.U $100.18)
  • $100.18 Cap: $626M
  • View HISU.U Profile
  • View Questions on HISU.U

Q: I believe you have suggested PSA as a means of accessing higher interest on cash and maintaining liquidity and avoiding risk. Is there an ETF that fits this bill for US dollars that you would recommend that trades on NYSE or the TSX? Appreciated as always.

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Read Answer Asked by Ken on September 26, 2022

• Purpose High Interest Savings Fund (PSA $50.06)
  • $50.06 Cap: $3.17B
  • View PSA Profile
  • View Questions on PSA
• Purpose Cash Management Fund (MNY $100.12)
  • $100.12 Cap: $1.63B
  • View MNY Profile
  • View Questions on MNY

Q: Some of the bank brokerages won't let you buy PSA. What brokerages will let you buy it?

I was told that MNY is a new ETF that apparently addresses some of the bank brokerages' concerns. What is your opinion of MNY and would you recommend it as well as PSA?

Thanks!

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Read Answer Asked by Mary on September 26, 2022

• BMO Equal Weight REITs Index ETF (ZRE $23.79)
  • $23.79 P/E (TTM): 24.16X Cap: $620M
  • View ZRE Profile
  • View Questions on ZRE

Q: Retired dividend-income investor. I have a half position in ZRE in my Cash account.

I am looking to add to ZRE using my wife's monies, which are available in any of her Cash, RRSP or TFSA accounts. Please rank the order of which account ZRE should reside and why.

Thanks...Steve

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Read Answer Asked by Stephen on September 26, 2022

• Vanguard FTSE Europe ETF (VGK $86.17)
  • $86.17 P/E (TTM): 23.85X Cap: $29.52B
  • View VGK Profile
  • View Questions on VGK

Q: Thinking about VGK for Europe exposure (buying over the next couple of months). What is your opinion of this ETF? Do you feel there are better ETFs for this type of exposure?

thanks,

Paul

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Read Answer Asked by Paul on September 26, 2022

• US High Interest Savings Account Fund (HISU.U $100.18)
  • $100.18 Cap: $626M
  • View HISU.U Profile
  • View Questions on HISU.U

Q: As a place to park some us cash, how do you feel about this etf

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Read Answer Asked by Leon on September 26, 2022

• Global X S&P 500 Covered Call ETF (XYLD $40.91)
  • $40.91 P/E (TTM): 25.7X Cap: $3.15B
  • View XYLD Profile
  • View Questions on XYLD

Q: I am wondering if investment in XYLD is a good idea in this market?
I am unfamiliar with the covered call concept - hoping that you might be able to explain it in layman’s terms.
If buying is acceptable in this market, when is it best to sell this type of investment?
Thank you for your expertise.

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Read Answer Asked by Catherine on September 26, 2022

• BMO Nasdaq 100 Equity Hedged To CAD Index ETF (ZQQ $174.61)
  • $174.61 P/E (TTM): 29.26X Cap: $2.82B
  • View ZQQ Profile
  • View Questions on ZQQ

Q: Going forward, is there a particular theme we should consider, to take advantage of the turnaround. ZQQ is down 31% year to date. Would technology be a candidate?

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Read Answer Asked by Guy R. on September 23, 2022

• iShares Russell 2000 Growth ETF (IWO $349.46)
  • $349.46 P/E (TTM): 22.82X Cap: $14.46B
  • View IWO Profile
  • View Questions on IWO
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $42.18)
  • $42.18 P/E (TTM): 15.33X Cap: $1.11B
  • View CDZ Profile
  • View Questions on CDZ
• Vanguard S&P 500 Index ETF (VFV $171.34)
  • $171.34 P/E (TTM): 26.41X Cap: $28.65B
  • View VFV Profile
  • View Questions on VFV
• Vanguard Total International Stock (VXUS $78.64)
  • $78.64 P/E (TTM): 11.84X Cap: $122.06B
  • View VXUS Profile
  • View Questions on VXUS

Q: Hi Guys,

My son is opening his first RRSP and is looking for a basket of ETF's with a bit of a longer term horizon. What would you recommend?

Thanks,

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Read Answer Asked by john on September 23, 2022

• iShares Core Canadian Long Term Bond Index ETF (XLB $18.79)
  • $18.79 Cap: $836M
  • View XLB Profile
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• iShares 20+ Year Treasury Bond ETF (TLT $87.80)
  • $87.80 Cap: $46.80B
  • View TLT Profile
  • View Questions on TLT

Q: Hi Peter,

Thanks for your insights at the MoneyShow last week. You mentioned Long Term Bonds as a viable investment option in the current market environment. Can you explain the rational? Also provide some recommendations for ETS (CAD currency preferred) or specific bond and or bond fund.

Thanks for your continued guidance during this bear market opportunity,
Angelo

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Read Answer Asked by Angelo on September 23, 2022