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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi Peter. TD has been fined $3 billion by US authorities for their drug related money laundering transgressions (vs only $9 million in Canada). TD remains exposed to potentially an unlimited number of class action suits from the families of fentanyl victims, both in the US and Canada.

Do you believe that this class action exposure, as well as the potential for additional fines from Canadian authorities, to be a credible risk that may not be reflected in the current share price? I am concerned that this may be a drag on the stock for a lengthy period and am contemplating swapping my TD holdings for other Canadian banks. Your thoughts?
Read Answer Asked by Glenn on April 09, 2025
Q: Hello 5i Team,

I have read your previous responses on Alternative Asset Management providers and particularly your thoughts on BN.

The above list of companies are likely to fall significantly in this down market and I was wondering at what prices would you buy and which are your favorites now.

Cheers and thank you in advance.

PK
Read Answer Asked by Peter on April 08, 2025