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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Looking to invest additional US dollars into a high interest ETF. Currently invested in UCSH.U, but are there others ones I should be considering as better options.
Read Answer Asked by RALPH on October 10, 2024
Q: Hello 5i
I notice that you have often mentioned Harvest etf’s in relation to tax efficiency. I haven’t paid too much attention to this in the past. But, now I am interested. I have searched the questions but don’t seem to find what I am looking for. Currently in a non-registered account I hold some vbal. I don’t like the taxes i will pay, though. I want to switch to something more tax efficient.

How exactly does Harvest manage not to require to pay taxes on dividends? I know they re invest the money but i don’t know how that works.

What would be the downside? Higher mer, i imagine. Anything else?

I would be looking for a general market etf, either Canadian or US, or both, if available. I would greatly appreciate your recommendations.
Thankyou
Read Answer Asked by joseph on October 10, 2024
Q: Peter, as ETF go you seem to like ZWB and ZWU. Do you think it is better than Harvest funds and why?? I have had HHL and are very with it.Thanks for your oninion Ken
Read Answer Asked by Ken on October 10, 2024
Q: Up to this point I have been a growth investor. Recently retired, I am converting some RRSP into a RIF and want to lower the risk profile. I am 60 y/o.

Kindly advise some ETFs that you would recommend in Canada or US.

Thanks a lot,
Read Answer Asked by Marcela on October 08, 2024
Q: I have a good mix of stocks and ETFs and cash and I want to keep a good portion of my portfolio low maintenance. What do you suggest as a good ETF to set and forget in which I can put some funds into when I'm trimming my winners.
Read Answer Asked by Danielle on October 08, 2024
Q: Please advise if HAMILTON covered call ETF (QMAX, EMAX and others) eligible for the Canadian dividend tax credit.

Thanks for the great service
Read Answer Asked by Hector on October 08, 2024
Q: I have a GIC coming out with an auto reinvestment rate of 3.75%. I would like to buy 5 stocks as well as 5 elf's or .......? that pay at least 5% and are reasonably safe with possible capital gains. This will a total of 10 investments of 10k each. I think that we can do much better than 3.75% and would appreciate your recommendations or suggestions! Thanks, James
Read Answer Asked by JAMES on October 08, 2024
Q: Hi, I am wondering what percentage split one should have between long term bonds and short term t-bills on the cash side of their portfolio. I realize that it is somewhat an individual choice, but can you give me a ballpark kind of split. My investments are presently 70% equities, and 30% cash equivalents. Thanks
Read Answer Asked by Greg on October 07, 2024
Q: Hello 5i Team

Is there a comparable product to HSAV available on the Canadian Market?

I am looking for an "accumulating" type ETF to accumulate funds on a monthly basis for annual expenditures (i.e. rrsp contributions, tfsa contributions, income tax installments etc).

I currently hold HSAV for other purposes.

I cannot transfer funds from non-registered accounts into rrsp/tfsa monthly as I make the annual contribution(s) on Jan 01.

Ideally I would use money market mutual funds for this purpose, however RBC Direct Investing charges 1 % fee on MMF purchases (seems rather excessive for MMF).

Thanks
Read Answer Asked by Stephen on October 07, 2024