Investment Q&A

Q: If I invest in this ETF using funds from my TFSA, will I have to pay tax on any capital gains because it contains US and International stocks?

Q: Hello Peter and Team,
The article;Filling in Portfolio Gaps for a Canadian Fund Investor by Ryan Modesto makes the point that passive investing in the TSX 60 ETF is not proper diversification.

The 5i Balanced Equity Portfolio is actively managed with a strategy to offer a balanced diversified approach to sector, style, market capitalization and does not aim to mirror a broad index (BE Portfolio holds 15.62% in technologies and 2.41% in healthcare).

1. An investor with risk tolerance comfortable for the BE and a time frame of over 10 years would it be advisable to add two or three positions like ZQQ (US Technology sector exposure), ZUH (US Healthcare sector) and or ROBO (robotics and artificial intelligence)?

2. Would you consider these ETF not in line with the BE strategy and would create over diversification and or not to be in risk tolerance of the BE portfolio?

Thank for the great no conflict service that you provide, Ronald

Q: I understand that NVDA is a leader in this field. Would you chase it at these prices? How can one invest in this sub-sector - individual stocks or ETFs?

Q: Hi team,

I saw your comments on the IEFA iShares ETF and was wondering if the geographical allocation of XIN is similar to IEFA? Would 5i recommend it as a suitable alternative? What benefits/drawbacks are there with regards to currency between the XIN and IEFA? Thanks. IS.

Q: Is India reasonably priced right now? If so, do you prefer INCO(consumer), INXX(infra), INDY, ZID(C$) or a combo (or something else)?
Thanks.

Q: Can you please clarify what 2 ETFs Glen was asking about today? You mentioned they are must haves
Thank you

Q: Hi,
With so much research going on around the world, looking for a new and better battery do you think LIT and BLDP make a good investment?
Thank you
Helen

Q: Hi Peter I am looking at etf fng us tech stocks can I get you take on this? thanks Barry

Q: Hello Peter and team, I'm considering investing in a Chinese and/ or Asian ETF in US funds, may I have your suggestion please?
Thanks Heidi

Q: Gentlemen,
Can you please suggest 1 or 2 ETF with well Sectors balanced or equal sectors for each market Can, US, int'l, & emerging (in Ca$ and/or US$) ?
Thank You
Best regards.

Q: What are your views on these 2 ETFs as a means of diversifying my portfolio?

Q: My TFSA is worth about 26000. I do not need the money and have a long time horizon - say twenty years. I intend to maximize the annual contribution limit. Currently I have roughly equal positions in ZLU, VMO, VVL, and VGG. Plus a smaller position in CBL, which has tanked, but pays a dividend.
What do you recommend for a TFSA makeover, if any, in this case?

Q: I would like to buy some etfs but am concerned about liquidity. I would prefer to buy US Europe and emerging markets in US currency. Can you recommend the best etfs in canada US europe and EM thar have a large nuber of shares traded daily?

Q: I have a 40% US weighting in all my portfolios combined, with the above four holdings comprising 75% of the 40%.
VGT 4.6%, VUN 7.7%, CIB590 10.1%, CIB595 7.1%- equalling 30% of total equity portfolio.

Could I have your comments wrt the overlap in these four holdings. Is there enough diversity to continue to hold all four or would you collapse and combine?
Thanks

Q: The question is on Hamilton madcap financial etf, HFMU.U.

Is this a good play on the expected increase by the fed and the tax reform expected in the United States? Thx

Q: Hi 5i team. There maybe a few questions here so please deduct as required. Knowing that bonds need to be part of a well diversified portfolio, more on the income side, what are your thoughts about establishing a position now with the current yield curve. I'm covered with a diversified mixed of stocks and pref's and individual bonds but would like to move or grow into a mix of bond ETF's for 20 - 30% of my total portfolio. Thinking more of corporates, both Canada and US with the following on my watch list; ZCS, ZHY, HYI, PFH, XHY. What other ETF's might I be missing or should I consider.

Many thanks, steve

Q: Where would you place HFR on the "safety scale" as a place to hold emergency cash? Would it be equivalent to GIC? Cash could be needed next month, next year or never. Thx Ron

Q: Hello team, thank you in advance for your perspective. If the US and Canadian dollar fall relative to the Euro, can one predict whether it would be more helpful to own a European ETF in CAD or US dollars? Is it more advantageous to own both a hedged and unhedged version of Europe to help cancel out currency effects? Would you consider a combination of the above two funds as one way to cover off potential currency changes? Please deduct as many points as appropriate to help enhance my understanding of this puzzle.

Q: Would there be any withholding taxes on dividends from these products when held in a TFSA ? Joe

Q: Hello 5i team,
In calculating percentages of holdings and sectors: concerning complete portfolio vs, equities and fixed: are ZPR and and XTR considered equities or fixed?

Thank you
Stanley