Investment Q&A

Q: My wife and I are 80 years old and we live off the dividends from our RRIF's which are totally invested in stocks as well as the CPP.
Looking ahead my wife who has not been involved in the stock market would have a difficult time managing on her own. With this in mind I am contemplating going from stocks for some or all and switching to ETF's covering the different market segments making a passive portfolio that would require little maintenance . Appreciate your thoughts on this strategy and what would be your favourite ETF's by market segment. Looking for approx 4% or higher dividend with little or moderate growth.
Regards

D

Q: WHAT ARE YOUR CURRENT THOUGHTS ON ZWK ?

I HOLD A FULL POSITION IN US BANKS.
IS ZWK A GOOD HEDGE AGAINST A SLOW RECOVERY FOR THE BANKS ?

THANKS, HUGH

Q: I am looking to gain some exposure to world markets. My portfolio is currently overweight in Canadian equites. I have found URTH which seems to be the only ETF that tracks the MSCI World Index. Would you consider this to be a good choice or are there other ETF's that I should consider?

Q: Is ZZZD a good long term hold for a dividend ETF, or is there a better choice?

Q: Good morning 5i,
I notice that you give lists of stocks. So, I will ask a similar question but perhaps more difficult. If one were interested in building a socially responsible portfolio, I hear that 15 to 20 stocks would do, what would you choose, given the need for domestic, US and International?
thanks

Q: Looking for some feedback on my International holdings in my RRSP. Currently have zwp; zem; and Zdi.
I am interested in PID to compliment my existing holdings. I would split my current zdi holding to make 4 equal positions.
Pid has had better performance over the last 5 yrs, covers the same geography as zdi however with different country and industry weighting’s. Pid’s MER is higher than Zdi with a lower dividend.
Is it worthwhile to split my zdi position, convert entirely to Pid or leave well enough alone.
I do not have to Rif for another 9 years

Q: I would like to invest in clean energy storage companies but can't find companies listed in the stock market. I did find an etf which is YLCO and I would like to have your thaughts on this. If you know of companies that are worth investing in please let me know.
Thanks for the help

Q: Would you be buying a gold ETF or any particular gold stock at this point?

Q: QQQJ is a recently listed ETF. How does it differ from QQQ. What advantages does it have over QQQ?

Q: Regarding etfs, are there actively managed etfs? Etfs initially tracked a particular index and thus were passive and required no judgment hence their low fees. But are there now etfs with someone at the steering wheel. For example, if you have an etf investing only in tech stocks, is that etf necessarily just tracking the tech sector of a particular index, or is there actual stock selection going on? If it is actively managed, how is that etf different from a mutual fund and if the answer is just lower fees how can the etf sufficiently pay its manager compared to a mutual fund manager?

Q: Is XSP the best ETF to reflect the S&P in a Canadian dollar account? Is XGD the best ETF to reflect Canadian gold mining stock? Ie MER, size, flexibility, your favourites....

Q: May I please have your opinion of CI Frist Asset U.S. Trendleaders index ETF (SID). Thank you.

Q: Through the pandemic I have decided to remove certain names from my Canadian portfolio that I was less confident in. I am now down to 19 positions from 25 originally. Also with this I have built up more cash than I would typically have. I know you guys advocate being mostly invested, but I am having a hard time finding names that I am bullish on through the pandemic that I do not already currently own. The portfolio is roughly a mix between your growth and balanced portfolios. Would you continue to hold approx 10-15% in cash or add in some sort of growth ETF for the short term until we are through the pandemic and things return to normal where I can expand my portfolio again. If so, which Canadian etf would you add for the short term considering the details i have shared?

Q: I do not believe ZSP.U would be exempt from US withholding tax. Could you confirm this? If not what ETF's would be exempt from US withholding tax for a Canadian investor? ZSP is subject to US tax and worth about .24% and on a larger account significant. Thanks for your help.

Q: Thanks to 5i, I've had the best year ever in the stock market. I've recently been trimming some high beta stocks that have become overweight in my portfolio. Not knowing much about bonds, never owning any, I'm looking at ZBD to park the cash. In Feb 2019 you said" . Any mutual fund or ETF technically does not guarantee any capital, so although ZBD is very safe and provides a higher yield than a high-interest savings account, there is always a 'risk' with bond funds." Can you expand on what the risk is, does the current enviroment add to the risk?

Q: Would value your opinion/info on these 2 as always. Thanks! Austin

Q: Hi,
I wanted to increase international equity exposure by adding ETFs. I currently own VWO (about 3%). What is your view on VIGI and VEU? Could you suggest 2-3 other names? Thanks,

Martin

Q: Is vbal a good option to hold entering retirement

Q: Hi, if an ETF with a relatively high distribution, say XEI, pays part of its distribution in ROC does that mean the underlying holdings of the ETF do not generate enough dividends on their own to cover the distribution? Thanks.

Q: Morning Peter and Team,
Let's assume there are 2 ETFs holding identical underlying stocks but one utilizes covered call option and the other one does not. Under what circumstances would each of these 2 ETFs provide a better return than the other.
Thanks for your great work.