Investment Q&A

Q: I currently own Eric's Mutual Fund (NPP314) and am considering switching to his ETF (NNRG). Just to understand the tracking differences, I monitored the daily movements on 3 days...May 26-28-31 (small sample, I know).
May 26 => NNRG = 0.91% vs NPP314 = 1.68%
May 28 => 1.70% vs 1.90%
May 31 => 4.93% vs 3.71%
Total all 3 days => 7.54% vs 7.29%

Can you please provide your understanding of the daily differences?
Also, is the May 31 difference, due to month-end adjustments?
The totals seems to make sense, due to the different MERs...agree?

Do you still agree it makes sense to move to NNRG (I can't find much information on the ETF in their website (or through RBC), except it is in their drop down box for options to buy, on the Ninepoint website. To me this implies that the holdings are identical)? There is only $1.1 Million in NNRG...is this an issue to be concerned about?

Thanks for your help...Steve

Q: I am thinking of investing in VXC (or maybe XAW) in my RRSP. I understand that since this is a fund of funds and some of the underlying ETFs are US based, that there will be foreign withholding tax of some amount. To avoid the tax, am I better off to invest in the underlying ETFs (Canadian versions only) specifically VFV, VIU and VEE? (small cap I could not find). How much of an issue is the foreign withholding tax? Is it small enough to not bother buying all these underlying ETFs directly? Your thoughts please.

Q: As an older senior, I own CDZ for dividends. Would ZWC be a better option?
thanks

Q: Hi,
I converted most of my cad to usd and have been doing investments in us companies and recently sold many of the tech due to the noise regarding interest rates. How can I preserve my usd cash from depreciation against cad without changing back to cad . I have seen a drop from 1.3 conversion to now at 1.2 and it seems the general view is that it may hit 1.

Q: Hello 5i Team
Using Nine Point Energy Fund as an example, when the company has three versions of a mutual fund (Series A, Series F and an ETF) how are the portfolios structured? Are the funds structured as three separate accounts (i.e. the portfolio manager purchases the same security in three separate accounts) or are the funds held in one common account (i.e. the portfolio manager purchases the a security in one account) and the returns/expenses calculated as proportional amounts?
Does either method have an impact on fees or the liquidity (using the example where the EFT version is smaller in value than the Series A or Series F) of the funds?
Thank you

Q: Where do I find the top 10 holdings for XHC-T

Q: Hi 5i team,
This covered call etf shows 12% yield . Is that correct. Please can you explain how is their strategy different from ZWh.u which has 5.7 yield and .75 exp. is it a safe investment to generate regular cash flow for long term

Q: My portfolio is conservative; these are my maximum growth picks (with a mid-to long term hold). Which looks better?

John

Q: Could you recommend Canadian and US consumer staple ETFs? Are any of the holdings in the model portfolio consumer staples? What percentage of one’s portfolio would you allocate to consumer staples?
Thanks for all your help

Q: This is a confusing time as I watch equities in the growth and value camps move up and down depending on the news of of the day. Seems to be related to the threat of inflation and the Fed's reaction to it. Which US/Global companies/ETFs would you suggest I buy in both VALUE and GROWTH camps to give me a balanced exposure to this dilemma? If possible 5 suggestions in each area would be helpful. As always, thanks for the guidance.

Q: I would like your opinion on etf. Thx J

Q: I have held this healthcare ETF for a couple years, and added some more in the market mayhem last year. It pays a healthy dividend and I have some capital gains. Relative to the fund's market cap my shares are of course insignificant, however, it seems to be a light trader and I have noticed that on several days my holdings exceed the daily trading volume. Should I be concerned about this? Would it make any sense to sell part or all and move the funds into a similar ETF like HHL (or any others you might suggest)?
Thank-you

Q: Is there an ETF, either in the US or Canada, that you would favour if one wanted to focus on data centers. If there is no ETF are there any specific stocks, again US or Canada.

Q: I was looking at this ETF for income purposes only. It is up 11% for the year so far. Can you please comment on the appropriateness of using this ETF for income only purposes?

Thanks

Q: Although I currently hold VYM and VIG in my RRSP, SCHD has been on my radar for a few years and would appreciate your thoughts on adding this particular US$ ETF in my US$ Non Registered account. More specifically,
Q1. Would the withholding tax be eligible for the foreign tax credit when filing my tax return,
Q2. Would the US dividends be taxed as income, and
Q3. Of the three ETFs mentioned above, which one would you recommend for a US$ Non Registered account and your reason for the recommendation.
As usual, your sage advice is much appreciated.

Q: Hello Everyone at 5i!!!! Could you please suggest both a Canadian and Us growth ETF that invest in international companies. Thank you, Tamara

Q: With commodities expected to benefit as we come out of this Covid induced lockdown, Is there one or two commodity ETFs that you afre comfortable recommending?
GU R

Q: am a senior looking to invest for income with preservation of capital, do preferred EFT fill this requirement? already own CPD, looking at PGX for US exposure. what other names might fill this requirement

Q: I hold Eric's Energy Fund (NPP314) in my TFSA and have averaged down multiple times in the past. I understood I was probably catching a falling knife, but I believed in his expertise and was also building a position. Now I am up roughly 20% and believe there is more room for his Fund to run. NPP314 represents about 40% of my energy exposure. Most of the balance is held within my ETF exposures (CDZ, ZWC, etc.).

With the recent creation of Eric's ETF (NNRG), what do you recommend? Should I wait until the ETF has been around for a while (like you recommend for other new ETFs) or should I just switch now? What are the Pros vs Cons (aside from the 2.5% vs 1.5% fee that I see in the May 18/21 question)? Will the holdings be identical? Could you please add NNRG to your data base...thanks.

Thanks for your help...Steve

Q: What are your thoughts on how to invest in the story legalization of marijuana in the USA. I'd like to get in early with a small position in something, and just sit on it for a few years. Perhaps an ETF, or one or two stocks. Thanks.