Investment Q&A

Q: Preferred shares usually have an issue price of $25. Would it be correct to assume that in a rising interest rate environment CPD has a chance to climb towards the $25 range?

Dumb question?

Carl

Q: Can you please list a handful of ETFs with >50% exposure to India. Can you please give me your take on the prospects for these ETFs (and India) over the next 5-10 years. Is hedging against currency important to consider?

Q: Peter and Team,

I was curious on your thoughts on the HYLD ETF managed by Peritus. Tim Gramatovich seems like a smart guy with a cautious approach. The yield on the fund is high (approximately matches the yield of the bond/loan book based on a cursory look) and it appears that one would make some money on this holding for the last while considering the NAV and the yield. Your thoughts and a quick confirmation of what you see as the total annual return of this ETF for the last few years would be much appreciated! Looking back 5 years, it looks like the NAV of the ETF got hit pretty hard by the High Yield crisis that was going on a few years back.

Thanks,

Marc

Q: Good morning,

I am interested in an ETF (cdn or us) that will benefit from the new technology used with driverless cars.

thanks

Carl

Q: Your comments on the new etf CARS on the TSX would be appreciated.Is it like all initial offering wait & see or is it a buy now or never?

Q: Hi, In your opinion, which would be a safer investment over a five year time frame, xhy, U.S. high yield bond index fund or Bam.a Brookfield asset management "A" stock, thanks?

Q: I have a question about IWO. ( GROWTH PORTFOLIO). How Would you compare it to Mawer Global small cap. Which one Would you prefer ( considering taxes, fees, performance, expected return). I would like to know this in context of growth portfolio. thanks

Q: Are there tax implications with holding HXS in a TFSA given that the dividends are not distributed? I have no US holdings, and in my (latish) retirement, I've decided I could use some US exposure. Would it be a suitable single ETF to hold? I could hold it in my non registered account if that would be better, or if you can suggest another suitable ETF that could go in the TFSA, that'd be great. Many thanks.

Q: What is your opinion of PSA and FSL as investments? Is FSL low risk?

Q: Hello team:

I saw an article about the new ETFs by Wisdom Tree and Horizon's. DGRC caught my attention.

Any thoughts or opinion on this? Instead of ZDV or XDV or VDY....worth buying this one?
Thanks.

Q: I have diversified my portfolio to include US stocks. Would now like to diversify into European and emerging markets. What ETF's would you recommend? The majority of my stocks are based on your Balanced Equity Portfolio.

Q: I am a retired non-resident and living on dividend income. My portfolio is a collection on higher yielding dividend stocks such as TD, BCE, FTS, AX.UN, ENB etc. (80% of portfolio focused on income)
I also have some lower yielding but higher growth stocks such as SIS, GSY, CCL.B, PBH, WSP. (20% of portfolio focused on growth)
To offset the lower yield of my growth stocks, I am looking into covered call ETFs such as ZWU (yield=6.6%) to bump up my income. I am not concerned with capital appreciation with the covered calls, only safety of dividend. Is a covered call such as ZWU for utilities as safe as it appears for dividend income? Are there any additional risks to be aware of holding a covered call such as ZWU vs the individual holdings within its portfolio?
Are covered calls the safest strategy to generate a 6-7% yield in a portfolio? Any other recommendations for higher yield (such as CEFs, BDCs)?
I am considering investing 10-15% of the income generating portion of my portfolio into higher yielding investments.
What 3 funds/stocks would you recommend I invest in to bump up the yield and thus offset the lower yield of my growth stocks?

Q: After building a portfolio in a TFSA account from a mixture of your portfolios I would like to broaden my exposure with these three ETF's. Is their any considerations when purchasing a fund like IWO that is not sold on the tsx?

Q: Hi Peter and Team,

Today's Globe & Mail had an article called "Wall Street views the emerging-market rout as a buying opportunity". I'd appreciate your perspective on the validity of the author's views, and some ETFs that could take advantage of this idea (if you agree).

Thanks as always for the pertinent advice.

Q: Are there any Canadian or US Health Care ETF's preferably hedged I could use in my RIF? I currently hold HHL at a 6% weighting.
Dick

Q: Just a comment. You recommend without caveat HFR as a short term hold for cash. This ETF does fluctuate and with just a 2.1% payout annually can negate this modest payout, just like any other equity. I held this for a year and broke even on distributions/capital gain but paid higher taxes on the distributions than the capital gain so overall lost on a full year hold. This is not for short term holds any more than BCE would be.

Q: I will reword my last question to be better understood, which equity Etf's would you recommend for each region of the world outside Canada, in other words, your favorites, thanks?

Q: Hi Guys,

Could you please suggest somewhere safe to park $300K cash that is sitting in a brokerage account.

Thanks
Dave

Q: Thanks very much for your recent reply. I’d like to get your opinion on the Active Beta ETFs from Goldman Sachs, particularly GEM (Emerging Markets) and GSIE (International). They charge a higher MER than Vanguard funds, but would you say it’s worth it because investors benefit from the expertise of top managers? Between VWO and GEM, which would you prefer and why? Thanks again.

Q: In addition to Canadian stocks, I hold a few ETFs for US and International exposure. In order to get a clear understanding of my sector allocations, I would like to incorporate the sector contributions from these ETFs. But when I look at VDU, for example, instead of consumer cyclicals and consumer staples, it lists consumer goods and consumer services. Do you have a suggestion for how I could incorporate these different categories into my sector allocations?

Thanks.

Alan