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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: I perceive a change in Bitcoin/crypto sentiment - El Salvador, other LatAm countries, now India is changing it's tune......
Rather than own cryptocurrencies outright, I'm looking for more torque on their appreciation. Would you consider either of these companies to be a good way to leverage any appreciation of the underlying cryptocurrencies? I understand this is a double-edge sword.
Read Answer Asked by Neelesh on June 11, 2021
Q: I only own 50 shares of BAM. Will I get any economic benefit from the BAMR spin off?

Thanks
Read Answer Asked by David C. on June 10, 2021
Q: Good Morning,
I am still holding the old NML from years ago when they were involved with the iron ore deposit and Tata Steel in Eastern Canada. I went through the RTO and consolidation and now hold Abaxx Technologies (ABXX). Any thoughts on this company? I see that it's a financial services software company. Is this worth holding?
Thank-you
Read Answer Asked by Chris on June 10, 2021
Q: Hi 5i
Currently holding BMO for last 3yrs and see that its share price appears to have increased about the same as CM but appears to have increased quite a bit compared to the others, in last 6 months, TD, BNS and RY.
Why do you think this is happening and Is this something that would be cause for concern? Would you continue to hold or lighten up? My Position size 4%
Even though its a bank, I begin to get uneasy when share prices seems to be out of step with peers.


Thx
jim
Read Answer Asked by jim on June 10, 2021
Q: You have mentioned several times that it is expected that later this year the big banks will be given a free hand in allowing dividend increases, is there any analyst guidance/guesses out there on what sort of increase is 'expected' from the banks over the next 1-2 years (and may be baked in to the share price at the moment). Or is it expected to be more a case of just going back to a more normal cycle of increases rather than catching up.
Read Answer Asked by Graham on June 10, 2021
Q: Hello 5i Team
I am researching Bitcoin ETFs and it appears there are four ETF trading in the Canadian market (CI Galaxy Bitcoin ETF; Evolve Bitcoin ETF, Ninepoint Bitcoin ETF; and Purpose Bitcoin ETF).
Questions I have are:
1 – Are there any other Bitcoin ETF available in Canada?
2 – Do Bitcoin ETF trade in the US market or are Bitcoin ETF in the USA waiting for SEC approval?
3 – All four Canadian listed ETF trade in both Canadian and US dollar versions on the TSX – which is the better version to purchase and why?
4 – What are the Assets under management for each ETF (as of end of day June 04)?
5 – What would be your ranking of ETF to purchase?
Thank you
Read Answer Asked by Stephen on June 08, 2021
Q: Hello. I know a lot of investors are looking for at least some portion of their portfolios to be in relatively safe income returns (and typically correspondingly little growth). As you have stated many times bank accounts, CD's etc offer pretty low rates although very safe. One other alternative that is available is the use of "stablecoins" deposited with larger exchanges like BlockFi where they offer up to around 9.5% if you deposit your coins like Tether (USDT) or USD Coin (USDC). I know you are not historically fans of the crypto space due to the volatility but the stablecoins do offer a relatively safe option and for anyone who is comfortable with the crypto arena it is a good return. Not everyone's cup of tea of course but just thought I would throw that out. Any thoughts/comments from the team would be welcome.
Read Answer Asked by Bruce on June 08, 2021
Q: Good morning,
Q1. Is it reasonable to assume that ZEB ETF's total return would be the same as that of holding each of the individual bank stocks in the exact same proportion as in the ZEB ETF minus the MER (0.60%) + or - the tracking error?
Q2. Given, that the relatively high MER (0.60%) of holding ZEB, would it be better over the long run to simply own 2 or three of the best big banks and if so which two or three banks would you recommend buying and holding for ever.
Read Answer Asked by Francesco on June 07, 2021
Q: Seems like the new CEO at Laurentian Bank since October 2020 is impressive. Last two quarters have been very positive. First female bank CEO and many females in management and diversity on the board. Check out the ESG journey in their recent report.
https://www.laurentianbank.ca/sn_uploads/fck/T1-2021/Corporate_presentation_Final_EN.pdf
This is a feel good investment for me.
I think people are waiting for their strategic review report.
Would like your comments including financials results.
Read Answer Asked by Madeline on June 07, 2021
Q: For investment into one of these companies from none to full position would you say that MFC has a reasonable potential for growth and share price appreciation? I am aware that your preference is for SLF ,based on your comments. However the lower share price and higher dividend associated with MFC have me leaning for the MFC. Are the other metrics of the SLF versus MFC make the SLF far superior over the MFC? Some recent portfolio managers featured on BNN market call recommended MFC rather then SLF. Thank you.
Read Answer Asked by Miroslaw on June 04, 2021
Q: Hello 5i,
Would you please set the record straight about wether the Canadian gov. loaned "billions" to our solid Canadian banks during the 2008 financial meltdown.Did the OFSI restrict our banks from raising their dividends and to buy back theirs shares?If the gov.was involved in lending $$$ to the banks it would have been made public and I never heard of such measures.
Many thanks,
Jean
Read Answer Asked by Jean on June 04, 2021
Q: Hi 5i,
Just looking for clarification on your earlier response to marc regarding Globe and mail article are banks overbought,,,, In your answer you said "The banks right now are over-capitalized, and once the government allows dividends to be raised again we think this will happen quickly. "..... it is not clear to me what you mean.....
Thx
jim
Read Answer Asked by jim on June 03, 2021