Investment Q&A

Q: What comments do you have about KBWD - Invesco KBW High Dividend Yield Financial ETF? On the surface this Powershares US ETF seems too good to be true with an average dividend of 9% and share price growth from $12.00 USD since inception in December 2010 to a current price of $23.34 USD on July 3rd with a 200 day MA of 22.46. Other than a 25% correction in early 2016, the share price growth has been steadily upward since inception. It has a very high MER of 2.4% but the PE ratio is 9.1, PB ratio 1.04 and beta is 0.754. Are there any reasons to avoid this ETF?

Q: Hi Ryan, What do you think of the bank for a buy at this time.Thanks for everything,. Cliff

Q: Hello,

How can CBL continue to pay it's dividend? With the public float continuing to shrink, what do you think the companies strategy is?

Cheers,

Robert

Q: This company has a 5 BILLION line of credit in australia pay a good dividend is ijn fleet truck management serves world wide companies EFN trades at $6.38 on TSE

Q: Why has PRU declined so much? Do you think it has much farther to fall? Would you start a position in it today? I’m curious about its prospects, especially in relation to the big US banks. Thanks for your advice.

Q: Hello 5i,

BNS vs TD.
Am considering a switch from BNS to TD for a long term hold in my RRIF.
However, have noticed YTD that BNS is down 8.8% while TD is up 3.3%.
What are your thoughts going forward ?
Appreciate your opinion as always.
Steve

Q: Hello Peter, do you think the bond yield curve could invert within next 6 to 12 months? Which I believe partially explained why the U.S. financial sector has been underperforming recently, due to the worry of flatten yield curve? Thanks.

Q: Which would you prefer at this time? Thanks, Austin

Q: Hi, What are your thoughts on ECN after recent earnings?
Price is moving in the wrong direction and there seem to be little in the way of catalysts here to get the share price moving north.

Thank for your opinion.

Q: In your view why ECN is going down? Fear of slowndown in housing?

Tx

Q: Is the drop on these two companies over done???
What is your assessment for the future?

Q: Hi, I am a dividend growth investor and looking to build a stream om passive income through dividends. I am 40 and have a long horizon (20+ yrs) so I'm not so worried about current income as I am about future dividend income and total return. I invest a part of my income every month. My current portfolio consists of mainly large cap dividend growth stocks in diversified industries in Canada, US and Europe. Mastercard and Visa look like great companies to me, high ROIC, high growth on all fronts, favorable developments that will benefit their business etc. They would also complement my portfolio well as I have no holdings from that industry yet. The only thing I am concerned about is their high valuations at this point.
So my question is, is this a good time to add MA (and perhaps V) to my portfolio? Or is it wise to wait for a pull back? Do you have a price point for entry? Your advice is appreciated.

Q: Hi can I get your current view on cymbria does it still trade at a premium

Q: Hello 5i team. I own TD and BNS. I'm up over 20% on TD this year while I'm generally flat on BNS. Should I rotate out of TD to another bank or does it have more legs to run. I also own a half position in VB and own BAC and C in the US. Thoughts?

Q: Since its good results on May 30,VSB has dipped a bit.1)Is this a good entry point 2)I am very overweighted in the big 6 can.banks,so should I buy VB.Thanks for u usual great services & views

Q: I purchased BAC this week and it has dropped about $1. Should I get out and repurchase at a later time?

Q: I have this name from previous investment letter that I used to follow, and I don't anymore. It has run up quite nicely in the last little bit. It is US Bank, I know that isn't your specialty. Is there a compelling reason to hold longer or is it time to take some profits.

I believe that my Allocation to financials will be fine if I sell. Any particular area in US except Tech that you would put money towards. I can just do a broad market ETF as well.

As always thanks for the great advice.

Q: Could you assess this company and potential growth. It has performed well over the past 9 years. Can it sustain this trend given interest rates and it's debt load.

Q: I have owned and added to these three US banks over the past 12 months. I'm down on Citigroup and have done well with JPM and BAC. I have 25 years before I need the money, should I sell Citigroup and add to the other two or keep all three.

Q: BNS recently acquired assets totalling $7b over a short period. resulting in downgrade by BAC,& Merill Lynch to neutal & RBC(sector perform Tp$86 fr.$95) & NA(sector per,Tp $85 fr $88),There is a fear of indigestion.BNS is making purchases @ the heights(so far) of a 9/10yrs(long tooth) bull market.There are doubts from some circles about the strength of the global markets,where BNS invests.Your views please.Is this a good time to buy/nibble? Thanks foru normal great services & views.