Investment Q&A

Q: How do you rate this recently launched ETF as a way to invest short term money compared to other alternative such as high interest investment savings accounts or cashable GICs.

Q: Good Day

I hold some in my RRIF and was thinking of adding more as it has held up well through the last year and yields around 6% US$. what percent range do you feel is reasonable for senior loans in a RRIF as a higher risk bond proxy
Thanks for your opinion

Q: Hi 5i
A month ago you suggested waiting a few weeks for the turmoil in regional banks to settle down. Are we there yet? I am tempted to buy IAT (35.28) or KRE (42.65), both about 35% off their highs. thoughts?
Greg

Q: Any thoughts on David Rosenberg article in the Globe today? Are we that close to a shift to a a profitable bond market? If so your top two picks. Thank you

Q: Can you explain the difference in performance between these two?

Also, I hold VFV in my TFSA and non-registered accounts, VOO in my RRSP. Is this the way to go?

Q: I am interested in parking some cash in a dividend producing vehicle. I've come across PIC.A which has posted impressive dividends over the course of many years. Could you explain the mechanism of how they are able to produce such dividends and please give your opinion of their ability to continue such going into the future. Any alternatives that you prefer would certainly be appreciated

Q: Cathy Wood's ARKW ETF has a Canadian version being EAFT-NE. The EAFT has a different management company than the ARKW which Cathy Wood looks after. BDO was the accounting firm for the Canadian version of her funds until awhile ago. Now they do not have an accounting firm and they have run out of time to get one and so their funds are not allowed to trade. Would the Securities Commission be looking into this as me and many other owners would not be happy this is happening or once it trades will it mirror the ARKW which is the US version of it and it is trading?
On another note, my wife's broker advised that active short term traders would have to pay 100% tax on their gains.

Q: To be sure, how is NAV moving up or down for a cash maximizer like HSAV? Why would a premium be given to HSAV? Am I correct in thinking that their performance is closely linked to the 2 year bonds as they have both pretty much the same YTD return. Is one better over the other and if yes, why?

Take as many credits as necessary.

Thank you
Yves

Q: Hey guys hope all is well not too sure how this works does the dividend represent the mode in which makes a profit or is this above and beyond the actual interest paid hope this is clear enough thanks as always.

Q: Dear 5i,
In regards to Horizons Corporate Class ETF's.
The tax efficiency of these ETF's seem very attractive for taxable accounts.
What are the key risks of holding these products other than market risk?
Is it basically the chance that the Canadian government might change tax legislation for these type of products? If this is the case do you think it is a low probability since it could trigger massive tax liabilities for Horizons and Mutual Fund companies that offer this corporate class structure?

Q: Good morning ,

Could you please offer your assessment for a conservative investor .

Thank you.

Q: In the past, you often recommended CDZ as the best dividend focused ETF for Canada. However, when I look at the CDZ performance over YTD, 1 year, 2 years, and 5 years periods, this ETF clearly underperformed index ETFs such as XIU or XIC, even in total return terms (i.e. counting dividends). Unfortunately, I hold CDZ in RRSP and TFSA accounts and clearly not happy with the performance. Do you still keep CDZ in high esteem or would suggest swapping it with something else?

Q: Hi Peter, Ryan, and Team,

If already owning XHC, would the ETF TDOC serve as a complementary holding, since we're a bit low in the Health Care sector? I like its low (.35%) MER and the 2% cap on any one company, but is its AUM too low to consider? Are there any other Canadian listed ETFs that would be suitable?

Thanks for your insight.

Q: How do these 3 compare? Is US energy exposure necessary?

I have a chunk of each of these names.

Please rank in order of preference for overall rerun in next 3 years. Do all names have to be kept or can I consolidate them?

Thank you.

Q: On April 23 HCAL will switch from a mean revision model to an equal weight model.
Will this reset the price and how significant would it be ? Thanks. Derek.

Q: Not clear why this fund goes nowhere or down? Keeper for the next year? Seems odd in the days of hacking and security needs. Your thoughts please.

Q: Hi, can you recommend a couple of US ETFs for my US RRSP please? I have a 5 year time horizon. Thank you

Q: Dear 5i team.

Can you give me your updated views on which you prefer of the above two ETFs (or any you'd add) for this type of investment?

Many thanks for your help

Q: Hi 5i. I hope all is well and you took a break at Easter.
I have noticed in the G&M that john heinzl reports on a dividend portfolio. I like his sense of humor on Stars & Dogs but I really wonder about his dividend hog portfolio. The same newspaper lets me create portfolios for comparison. I started with the same about of money (about $116K) and pretended to invest in October 2017 like he did. I made three one ETF portfolios. Made one portfolio with ETF HXT, One with VDY and One with WXM. All three of these one ETF portfolios beat JH’s significantly and WXM was a clear winner beating it by about $50K i.e., turning $116K into about $200k from Oct 2017 to now. The other two ETFs were not far behind. $50K can pay for a few dinners!
My question is whether you see any issues with WXM in the current investment environment and with the above comparisons.
Thanks as usual for this great service and patience with my questions. Thanks Danny-boy

Q: I own prefered share ETFs in a diversified revenue/dividend RRSP portfolio.those ETF are at loss(10-20%) and at a lowest annual stock value.I did believe that those ETF would bring a least , a certain stability,wich is obviously not the case.I shall keep those ETF if there were a reasonnable probability of returning to previous values (+10%..),and sell them if more downtrend is expected.In this perspective,your impression as "hold","sell"(or eventually "buy" !)will be greatly appreciated.