Investment Q&A

Q: I own 4 Canadian financial institutions (BNS, CM, RY and TD). No exposure to life insurance companies or U.S. financials. I would like to avoid U.S. financials. I find it very hard to trust management and it seems like there is always a scandal at a major U.S. bank. I use to own Wells Fargo thinking it was best in breed and they couldn't even avoid scandal. With the advantage of the CDN dividend and BMO and TD's exposure to the U.S. I prefer to get exposure to the U.S. that way.

My question is whether I should sell CM since it is more exposed to the CDN economy than the others and purchase BMO instead for their U.S. midwest exposure? I am not opposed to getting U.S. banking exposure through an ETF like XLF perhaps. Which strategy do you favour? Each bank is currently 3-4% of my portfolio.

Thanks,
Jason

Q: I am retired, and have a portfolio with a mix of equities, ETFs and bonds. I have some money from municipal bonds to reinvest and I am considering some ETFs such as XSB, CBO, XBB and XHY as options to invest these funds, with a 5 year investment horizon. In the current environment (interest rates and the US election), how do you think these ETFs will perform in the coming years? Thanks for your great service.

Q: I hold XQQ and have a small gain. In light of the US election result would you recommend holding on to this etf? Or, would you switch to a Dow based etf? Thanks, Bill

Q: what is the closest proxy to CPG that you can think of? I want to sell for a superficial loss, however, I don't want to be out of the market for 30 days.

Q: How would you suggest I invest $100,000 in fixed income today, or would you recommend I hold the cash position into December? My only fixed income holding at present is a $200,000 5 year GIC ladder. Thanks, Barrie

Q: Please provide two ETFs on US banks / llifeco that you think would do well in the next 2 years! Thanks!

Q: american banking and healthcare are taking off due to the Trump win, would you suggest taking a position via ZUB and ZUH
any other sectors/suggestions?
Thanks Peter

Q: please advise your feelings about this etf

Q: Is it a good/bad time to buy and hold this etf for the long term?

Q: Good morning, I need to increase my healthcare to 5%. Only holding now is GUD which is 1.7%. Considering going back into PLI and another name or what do you suggest? Have spare $US if that would be better.
Thanks for the continuing helpful advice..

Ted

Q: In many of the ETFs that track US healthcare, some of the sub-sectors took a hit yesterday while others outperformed. Is it too early to tell what this portends? Given the new U.S. admin, I’d be grateful if you could share your thoughts on your favourites in this space, especially among the broadly diversified ones. Thanks very much.

Q: Peter; Do you know of a US ETF that would reflect the hoped for infrastructure spending ? Thanks. Rod

Q: Hi Peter,

Why XLU (US Utilities) is tanking? Is this an opportunity to start a 2.5% position?
Thanks

Q: I'm considering an investment in India. What do you think about a long-term (5+ years) in that country? Capital gains are my primary interest. How should I invest there - Fairfax India (FTD.UN), Excel India Growth & Income Fund, INDY or XID? Do you have other suggestions for that market?

Q: Hi Peter,
These long bond etf (ZLC, XLB, ZFL) have done very well with YTD total return of 10.48, 10.35 and 8.91 respectively
Why have they done so well?
Is it too late to consider them for RRIF income investment going forward? If so, which one do you recommend, thanks

Q: The Emerging Markets took a bit of a hit today with ZEM being down about 2.5%. Would you consider adding to my position now or should I wait a bit to see how things shake out with the change in the U.S.? Currently ZEM is about 5% of my portfolio

Q: Good Morning
Last summer Vanguard issued the above four Factor ETF's. The funds are still small; but have attractive MER's. I have very little non Canadian equities. Would you suggest any of the above four at this time? They would account for about 5% of the portfolio.
If not the above what would you recommend?

Thanks as always

Q: I am thinking of investing in this etf for my fixed income portfolio for about 50% of that asset allocation, the other 50% is made of preffered reset and vab

Q: As a senior retired investor I have most of your Income Portfolio and BE Portfolio. My question is about my fixed part. I had some bonds come due and also some GICs. Since the rates are so low I am at a loss to know where to put the fixed part of my portfolio. I am tempted to just buy something like BCE and Fortis and let them collect dividends, which is more tax efficient. I understand these are still stocks and not fixed income. Your suggestions would be appreciated.
Thanks

Q: Hello,

What would be your current 3 favourite rate reset preferred shares?

Regards,

Robert