Investment Q&A

• Vanguard FTSE All-World ex-US ETF (VEU $73.53)
  • $73.53 Cap: $46.71B
  • View VEU Profile
  • View Questions on VEU

Q: Please provide your thoughts on VUE. Is it suitable to hold in a RRIF and/or what is a better ETF to invest in?

Upvote 0

Read Answer Asked by Terry on March 06, 2018

• WisdomTree BofA Merrill Lynch High Yield Bond Nega (HYND $14.91)
  • View HYND Profile
  • View Questions on HYND
• PowerShares UltraShort Lehman 20+ Year Treasury ProShares 2x Shares (TBT $31.95)
  • $31.95 Cap: $272M
  • View TBT Profile
  • View Questions on TBT

Q: Do you think holding TBT would hedge my income portfolio in a rising rate environment? If not what is the best way to hedge an income portfolio with rising rates?

Upvote 0

Read Answer Asked by Nino on March 06, 2018

• iShares Canadian Real Return Bond Index ETF (XRB $23.55)
  • $23.55 Cap: $261M
  • View XRB Profile
  • View Questions on XRB

Q: Hi Peter and the 5i team,
The last question about XRB was in November of 2016. What is your take on XRB and real-return bonds in general?
Thanks as always for your insight.

Upvote 0

Read Answer Asked by Jerry on March 06, 2018

• BMO Equal Weight US Health Care Hedged to CAD Index ETF (ZUH $67.78)
  • $67.78 P/E (TTM): 20.99X Cap: $184M
  • View ZUH Profile
  • View Questions on ZUH
• BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE $21.15)
  • $21.15 P/E (TTM): 49.74X Cap: $731M
  • View ZWE Profile
  • View Questions on ZWE
• iShares Global Healthcare Index ETF (CAD-Hedged) (XHC $67.72)
  • $67.72 P/E (TTM): 25.66X Cap: $526M
  • View XHC Profile
  • View Questions on XHC
• iShares MSCI Europe IMI Index ETF (CAD-Hedged) (XEH $36.90)
  • $36.90 P/E (TTM): 10.08X Cap: $267M
  • View XEH Profile
  • View Questions on XEH

Q: Hi 5i- The 4 etf mentioned are all ca. hedged. As such my concern is the cdn. dollar direction going forward. I don't see any good non hedged options. Should I stay the course or do you have a better suggestion. thanks for yur input.
peter

Upvote 0

Read Answer Asked by Peter on March 05, 2018

• BMO Equal Weight US Banks Index ETF (ZBK $39.06)
  • $39.06 P/E (TTM): 12.42X Cap: $649M
  • View ZBK Profile
  • View Questions on ZBK
• BMO Nasdaq 100 Equity Hedged To CAD Index ETF (ZQQ $177.58)
  • $177.58 P/E (TTM): 35.03X Cap: $2.82B
  • View ZQQ Profile
  • View Questions on ZQQ

Q: Hi Are there any Canadian versions of these etf s that are not hedged ? Second am i right in you buy hedged version if you expect Canadian $ to go down ? thanks James

Upvote 0

Read Answer Asked by JAMES on March 05, 2018

• Vanguard FTSE Canada Index ETF (VCE $65.41)
  • $65.41 P/E (TTM): 16.72X Cap: $2.77B
  • View VCE Profile
  • View Questions on VCE

Q: What ETF's would you suggest for broad exposure to the Canadian market?

Thanks
Amy

Upvote 0

Read Answer Asked by Amy on March 05, 2018

• BMO Equal Weight US Banks Index ETF (ZBK $39.06)
  • $39.06 P/E (TTM): 12.42X Cap: $649M
  • View ZBK Profile
  • View Questions on ZBK

Q: Answering James question this morning, I thought ZBK is the un-hedged version of ZUB. Am I correct?

Thanks.

Upvote 0

Read Answer Asked by Saad on March 05, 2018

• Photon Control Inc. (PHO $3.60)
  • $3.60 P/E (TTM): 30.31X Cap: $376M
  • View PHO Profile
  • View Questions on PHO
  • View Reports on PHO
• CGI Inc. Class A Subordinate Voting Shares (GIB.A $123.19)
  • $123.19 P/E (TTM): 16.15X Cap: $27.43B
  • View GIB.A Profile
  • View Questions on GIB.A
  • View Reports on GIB.A
• Constellation Software Inc. (CSU $3,844.22)
  • $3,844.22 P/E (TTM): 92.2X Cap: $80.15B
  • View CSU Profile
  • View Questions on CSU
  • View Reports on CSU
• Kinaxis Inc. (KXS $178.46)
  • $178.46 P/E (TTM): 147.91X Cap: $5.03B
  • View KXS Profile
  • View Questions on KXS
  • View Reports on KXS
• Open Text Corporation (OTEX $55.11)
  • $55.11 P/E (TTM): 23.83X Cap: $14.01B
  • View OTEX Profile
  • View Questions on OTEX
• Shopify Inc. Class A Subordinate Voting Shares (SHOP $245.17)
  • $245.17 P/E (TTM): 97.05X Cap: $314.60B
  • View SHOP Profile
  • View Questions on SHOP
  • View Reports on SHOP
• iShares Core S&P/TSX Capped Composite Index ETF (XIC $48.34)
  • $48.34 Cap: $19.95B
  • View XIC Profile
  • View Questions on XIC

Q: My question is regarding someone with a substantial US portfolio who wants to invest in some Canadian companies. He is thinking of investing in a few Canadian growth Tech companies and a couple of blue chip ETF's. Can I please have your thoughts on this and some recommendations? Thank you.

Upvote 0

Read Answer Asked by Lois on March 05, 2018

Q: Hi 5i staff, I Think this would be a good income investment , however I am really confused regarding the Mer.
Redwood shows 1.50 Mer on their site, You show 1.76 , Morningstar shows 1.76, TD direct shows Mer @ 1.76, but also shows Actual management fee @2.25.
Is there an answer as to why all the discrepancy.
Another Question, Why would anyone pay the high Mer for the mutual fund version when the sam product is available as an ETF with a .75 Mer
Best Regards

Upvote 0

Read Answer Asked by l on March 05, 2018

• Harvest Tech Achievers Growth & Income ETF (HTA $20.12)
  • $20.12 P/E (TTM): 34.97X Cap: $733M
  • View HTA Profile
  • View Questions on HTA

Q: Hi there,

I read an article in The Toronto Star this weekend by Gordon Pape. He mentioned a company called Harvest Portfolio Group and referenced the performance of a few of the ETFs they run. I was interested in your take on their Tech Achievers Growth & Income ETF. How would you compare this against something like a ZQQ/XQQ/HXQ and which would you suggest in owning?

Thanks!

Upvote 0

Read Answer Asked by Michael on March 05, 2018

• Vanguard FTSE Global All Cap ex Canada Index ETF (VXC $75.40)
  • $75.40 P/E (TTM): 1.38X Cap: $2.79B
  • View VXC Profile
  • View Questions on VXC

Q: I am seeking to invest the proceeds of a business sale for target returns of inflation + 4% and wishing to increase competence in self directed investing. 25% is marked for bond funds, 35% is earmarked for dividend stock, 25% for Equity ETFs, 7.5% t-bills and 7.5% highly speculative stocks . Do you feel that an allocation of 25% into bonds is too heavy given the probable rise in future interest rates? What funds would you recommend with low mgmt fees and reasonable performance?

Upvote 0

Read Answer Asked by Wendy on March 05, 2018

• Vanguard FTSE Developed All Cap Ex U.S. Index ETF (VDU $54.29)
  • $54.29 P/E (TTM): 0.24X Cap: $655M
  • View VDU Profile
  • View Questions on VDU
• Vanguard FTSE Developed All Cap Ex U.S. Index ETF (CAD-hedged) (VEF $67.11)
  • $67.11 P/E (TTM): 0.28X Cap: $951M
  • View VEF Profile
  • View Questions on VEF
• Vanguard FTSE Emerging Markets All Cap Index ETF (VEE $46.81)
  • $46.81 P/E (TTM): 5.86X Cap: $3.17B
  • View VEE Profile
  • View Questions on VEE

Q: If the Cdn dollar continues it's downward trend, is it better to own VEF [hedged] or VEE [non-hedged]?
Thanks

Upvote 0

Read Answer Asked by steve on March 05, 2018

• iShares S&P/TSX Canadian Preferred Share Index ETF (CPD $13.69)
  • $13.69 P/E (TTM): 7.35X Cap: $1.05B
  • View CPD Profile
  • View Questions on CPD
• iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO $18.73)
  • $18.73 Cap: $780M
  • View CBO Profile
  • View Questions on CBO
• iShares Core Canadian Universe Bond Index ETF (XBB $28.78)
  • $28.78 Cap: $8.73B
  • View XBB Profile
  • View Questions on XBB
• iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY $16.90)
  • $16.90 Cap: $936M
  • View XHY Profile
  • View Questions on XHY

Q: I keep reading the traditional fixed income portion of a portfolio that has been allocated to bonds in the past, is a bad idea as a long term investment going forward. With that being said, what type of investments/products would you suggest the average investor allocate the fixed income portion of their portfolio going forward?
Thanks

Upvote 0

Read Answer Asked by Curtis on March 04, 2018

• Vanguard FTSE Developed All Cap Ex U.S. Index ETF (VDU $54.29)
  • $54.29 P/E (TTM): 0.24X Cap: $655M
  • View VDU Profile
  • View Questions on VDU
• Vanguard FTSE Developed All Cap Ex U.S. Index ETF (CAD-hedged) (VEF $67.11)
  • $67.11 P/E (TTM): 0.28X Cap: $951M
  • View VEF Profile
  • View Questions on VEF
• Vanguard FTSE Emerging Markets All Cap Index ETF (VEE $46.81)
  • $46.81 P/E (TTM): 5.86X Cap: $3.17B
  • View VEE Profile
  • View Questions on VEE

Q: I would like to diversify my portfolio with a non US International Equity Fund. I have been considering the Mawer International Equity Fund, but am leery of their MER. What are your thoughts and possible options?

Upvote 0

Read Answer Asked by Guy on March 04, 2018

• iShares S&P/TSX Canadian Preferred Share Index ETF (CPD $13.69)
  • $13.69 P/E (TTM): 7.35X Cap: $1.05B
  • View CPD Profile
  • View Questions on CPD

Q: I would like to add some preferred shares with the reset option. I do need income in the 6 percent range. Any ideas?

Upvote 0

Read Answer Asked by Emery on March 04, 2018

• iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO $18.73)
  • $18.73 Cap: $780M
  • View CBO Profile
  • View Questions on CBO
• iShares Floating Rate Bond ETF (FLOT $51.04)
  • $51.04 Cap: $9.06B
  • View FLOT Profile
  • View Questions on FLOT

Q: Which Bond funds in Canada should increase in price and value as interest rates are increasing gradually...And which would you recommend the most for yield and increase?
Thanks

Upvote 0

Read Answer Asked by lyle on March 02, 2018

• Vanguard FTSE Global All Cap ex Canada Index ETF (VXC $75.40)
  • $75.40 P/E (TTM): 1.38X Cap: $2.79B
  • View VXC Profile
  • View Questions on VXC

Q: Hi Peter, I have 10.6% of my portfolio in VXC. My goal for investments outside Canada is 15%. Should I include companies like MFC in this? If so what would be your favourite TSX company for this type of investment? Also, at what level CAD would you sell a hedged ETF like VXC? Thanks.

Upvote 0

Read Answer Asked by John on March 02, 2018

• CI First Asset Can-Materials Covered Cal ETF (MXF) (MXF)
  • P/E (TTM): 13.9X
  • View MXF Profile
  • View Questions on MXF

Q: I hold MXF TSX and i was wondering what your thoughts are for this fund, it did not pop up in your data base when I entered it.
https://www.firstasset.com/solutions/overview/?fund=First+Asset+Can-Materials+Covered+Call+ETF

thank you
nb

Upvote 0

Read Answer Asked by NEIL on March 02, 2018

• iShares Russell 2000 Growth ETF (IWO $333.65)
  • $333.65 P/E (TTM): 21.85X Cap: $13.36B
  • View IWO Profile
  • View Questions on IWO
• iShares Core S&P/TSX Capped Composite Index ETF (XIC $48.34)
  • $48.34 Cap: $19.95B
  • View XIC Profile
  • View Questions on XIC

Q: Peter, please advise how you would allocate $13,500 in an RESP for an 8 year old. Currently $10,500 is in the CIBC Managed Growth Portfolio; what do you think of it ? Thank you.

Upvote 0

Read Answer Asked by Paul on March 01, 2018

• Visa Inc. (V $347.82)
  • $347.82 P/E (TTM): 33.92X Cap: $673.89B
  • View V Profile
  • View Questions on V

Q: What etf holds visa as a significant holding ? James

Upvote 0

Read Answer Asked by JAMES on March 01, 2018