Investment Q&A

• Global X Equal Weight Canadian Bank Covered Call ETF (BKCC)
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• Global X Enhanced Equal Weight Canadian Banks Covered Call ETF (BKCL)
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Q: I understand that BKCL is a fund of funds having only BKCC as a holding using covered call strategy with some leverage with a higher yield than BKCC. BKCC is a covered call with no leverage. I am a 77 year old with a diversified value portfolio of individual stocks and ETF's with about 17% of the portfolio in covered call ETF's. I have many of the ETF holdings as individual stocks, blue chips, for the dividends and gains. Please suggest which would be the preferred way to go, BKCL or BKCC.

Upvote 1

Read Answer Asked by STANLEY on February 12, 2024

• Invesco BuyBack Achievers ETF (PKW)
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Q: In your expert opinion what would be the best buy back share etf to invest in and could you provide the rationale behind your choice or choices. Thanks so much.

Upvote 1

Read Answer Asked by Ian on February 12, 2024

• Global X S&P 500 Index Corporate Class ETF (HXS)
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• Vanguard S&P 500 Index ETF (VFV)
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Q: I have over 8000 shares of VFV in my NR, up about 50%. I am looking to hold for 20 years and not touch them. Unbeknownst to me when I bought them, I now realize there is a tax disadvantage compared to HXS. How much performance drag will occur from the tax disadvantage, and would it be worth the capital gains tax to sell and switch?

I could sell and incur huge capital gains on these shares, but I am not sure if it would be worth paying the capital gains to sell them and buy HXS.

My alternate plan going forward was to buy HXS with my dividends, instead of VFV.

Upvote 4

Read Answer Asked by Joey on February 12, 2024

• BMO MSCI EAFE Index ETF (ZEA)
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• iShares Core MSCI EAFE IMI Index ETF (XEF)
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• Vanguard FTSE Developed All Cap ex North America Index ETF (CAD-Hedged) (VI)
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Q: Hi

What would you prefer among XEF, ZEA, and VI for a long-term hold for international exposure ex CA and US.

Thanks
Robert

Upvote 3

Read Answer Asked by Robert on February 12, 2024

• BMO S&P 500 Index ETF (ZSP)
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• Global X S&P 500 Index Corporate Class ETF (HXS)
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• iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ)
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• S&P 500 ETF TRUST ETF (SPY)
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• Global X Nasdaq-100 Index Corporate Class ETF (HXQ)
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• BMO Nasdaq 100 Equity Index ETF (ZNQ)
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Q: There are a number of Canadian based NASDAQ100 and S&P500 ETF's. Which NASDAQ100 and S&P500 ETF would you prefer, or would be "best", for a TFSA account, and why? Would investing within an RRSP or in a non-registered account alter your selections and if so, why would that be? Thanks.

Upvote 12

Read Answer Asked by Bruce on February 09, 2024

• S&P 500 ETF TRUST ETF (SPY)
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Q: Further to my question regarding my 22 year old son. Do you think the approach to buy just the SPY is ok or would you recommend a diverse group of ETF's and maybe a few stocks? If so which ones?

Upvote 3

Read Answer Asked by John on February 09, 2024

• iShares Convertible Bond Index ETF (CVD)
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Q: If you wanted to replace CVD in a portfolio that resembles the income portfolio, would you reinvest in the other current securities or would you replace it with another security? Secondly, what would would you consider replacing it with that would give you better tax treatment, for one who is relying on the portfolio almost entirely for retirement income?

Upvote 1

Read Answer Asked by Kelly on February 09, 2024

• Fidelity Greater Canada Fund Series F (FID1646)
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• AGF Global Select Fund Series F (AGF808)
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• Mackenzie Global Environmental Equity Fund F (MFC5786)
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• Manulife Yield Opportunities Fund Series F (MMF4624)
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• Manulife U.S. Monthly High Income Fund Ser F (MMF4638)
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• Manulife Monthly High Income Fund Series F (MMF683)
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Q: Would you be able to provide me with suggested EFT equivalent (or similar) to these Mutual Funds?
Thanks

Upvote 3

Read Answer Asked by Raymond on February 08, 2024

• Ninepoint Energy Fund Series D (NPP314)
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• Ninepoint Energy Fund (NNRG)
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Q: Could you give me the current assets for NNRG and NPP314?
For CRA, I guess these 2 are the same ?
Thanks a lot.

Upvote 2

Read Answer Asked by Denise on February 08, 2024

• BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE)
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• iShares Core Canadian Universe Bond Index ETF (XBB)
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• iShares Core S&P/TSX Capped Composite Index ETF (XIC)
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• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ)
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• Harvest Healthcare Leaders Income ETF (HHL)
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• S&P 500 ETF TRUST ETF (SPY)
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• Vanguard Balanced ETF Portfolio (VBAL)
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Q: Hi Folks,
I am looking suggestions for my non reg account,
I currently have 7% weighting in HHL and 7% in ZWE. I am close to retirement age.
Also is there a website that indicates whether the income from etfs/ stocks are dividends or interest.
Cheers

Cheers

Upvote 5

Read Answer Asked by Michael on February 08, 2024

Q: US Natural Gas price are very depressed and I'm looking at a fund called US Natural Gas Fund (UNG). If natural gas price go higher, I assume the fund price should increase. I would hold the fund for a few months and expect to make money if US Nat Gas prices are higher when I sell. However, my question is .... is UNG a fund like HOU where the price being reset everyday and someone could hold the fund for a few months and could lose money even if the US Natural Gas goes price. Thanks MMD

Upvote 2

Read Answer Asked by Daniel on February 08, 2024

• Dynamic Active Enhanced Yield Covered Options ETF (DXQ)
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Q: This ETF lists itself as on the low side for risk. It has a nice dividend yield, but most of the stocks it holds seem to be big name techs. It says on the site that it rights puts for downside protection but I have no idea how much protection that is if there was a market downturn. I'm betting you do. I want to buy this for the 'fairly safe/high yield' part of my portfolio. How would this compare in risk to something like the big banks, pipelines or utilities?

Upvote 3

Read Answer Asked by John on February 08, 2024

• Meta Platforms Inc. (META)
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• NVIDIA Corporation (NVDA)
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• BMO Nasdaq 100 Equity Hedged To CAD Index ETF (ZQQ)
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• Invesco S&P 500 Equal Weight ETF (RSP)
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• Super Micro Computer Inc. (SMCI)
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• Arm Holdings plc (ARM)
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Q: With recent gain in tech sector, are you concerned with valuations getting stretched. Is there some kind of euphoria being building which draws some parallel to 2000 tech bubble. Like 20-30% jump on META, NVDA, SMCI, ARM. Is there a suggested to mitigate risk while maintaining decent exposure. Thanks

Upvote 16

Read Answer Asked by RUPINDER on February 08, 2024

• Amazon.com Inc. (AMZN)
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• Costco Wholesale Corporation (COST)
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• Intuitive Surgical Inc. (ISRG)
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• Booking Holdings Inc. (BKNG)
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• Eli Lilly and Company (LLY)
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• Walmart Inc. (WMT)
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• lululemon athletica inc. (LULU)
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• Consumer Discretionary Select Sector SPDR (XLY)
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• Vanguard Health Care ETF (VHT)
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• Vanguard Consumer Staples ETF (VDC)
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Q: Hello 5i,
I need to increase my U.S. exposure in 1) healthcare 2) consumer discretionary and 3) consumer staples.
Can you please recommend 2 stocks and 1 ETF for each of these sectors for a 3-5yr hold.
Thank you.

Upvote 9

Read Answer Asked by Trevor on February 08, 2024

• CI Tech Giants Covered Call ETF (TXF)
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Q: Hi team,

Following your response on TXF, what are your views on MAGS-Q ?

Otherwise, what is the best ETF for growth containing the Magnificent Seven ?

Gratefully,

Jacques IDS

Upvote 3

Read Answer Asked by Jacques on February 08, 2024

• Eli Lilly and Company (LLY)
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• Vertiv Holdings LLC Class A (VRT)
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Q: Are there any good ETFs that hold both VRT and Eli Lilly?

Upvote 2

Read Answer Asked by Mark on February 08, 2024

• iShares Russell 2000 Growth ETF (IWO)
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• Global X S&P 500 Index Corporate Class ETF (HXS)
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• iShares Core Canadian Universe Bond Index ETF (XBB)
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• iShares Core S&P/TSX Capped Composite Index ETF (XIC)
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• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ)
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Q: Please recommend 5 ETF's for a young investor just starting her career and investing in her first TFSA. Thank you in advance.

Upvote 7

Read Answer Asked by Helen on February 08, 2024

• Bristol Gate Concentrated Canadian Equity ETF (BGC)
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Q: One of your recent articles had mentioned the a portfolio containing equal weights of the twenty largest companies on the TSX outperforms the overall TSX by a significant margin. I'm curious if you know of an ETF that would represent this concept. Thanks!

Upvote 2

Read Answer Asked by Bart on February 08, 2024

• CI Tech Giants Covered Call ETF (TXF)
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Q: Would you trim or keep this ETF as is in view of active management and equal placement of these big tech companies in this particular ETF ? In view of high valuations of the seven largest tech companies would the decline of this ETF would be less then the NASDQ index?
Miroslaw

Upvote 3

Read Answer Asked by Miroslaw on February 07, 2024

• iShares Core S&P Small-Cap ETF (IJR)
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• Pacer US Small Cap Cash Cows 100 ETF (CALF)
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Q: I'm interested in investing in some small cap ETFs in the US. I have now decided on the two above noted ETFs. Considering that these are investments in small cap companies how you compare them for both potential risk and growth. Thanks
Mike

Upvote 5

Read Answer Asked by Michael on February 07, 2024