Q: I keep wondering why so many pundits, including you, seem to prefer BNS and TD to the other banks. I have positions in all the major banks and, on checking my holdings, see that BNS has not moved in a year while BMO is up over $11 a share since last January. Your thoughts?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Good Morning 5i team
I have owned MFC for some time now and to be honest it has felt somewhat like dead money with my realizing a modest 8% return including dividends. Without the dividend return on equity is around 3% or approx 1/4% higher than my savings account.
I read your answer for George on Dec 13 and read your blog comparing Sunlife & MFC. Quite telling.
I am thinking about selling out of my MFC position and buying into Sunlife. It seems like an obvious move and am wondering if you would agree?
Thanks for all you do and Happy Holidays
Gord
I have owned MFC for some time now and to be honest it has felt somewhat like dead money with my realizing a modest 8% return including dividends. Without the dividend return on equity is around 3% or approx 1/4% higher than my savings account.
I read your answer for George on Dec 13 and read your blog comparing Sunlife & MFC. Quite telling.
I am thinking about selling out of my MFC position and buying into Sunlife. It seems like an obvious move and am wondering if you would agree?
Thanks for all you do and Happy Holidays
Gord
Q: May I please have your assessment of AmTrust for adding to my US finacial sector portfolio in a RRSP US$ account . I am looking for share price appreciation rather than income.
Thanks, Tim.
Thanks, Tim.
Q: Hi & Ho Ho Ho
Now that CIBC (CM) is north of $100.00, do you forsee a stock split sometime in the new year?
Now that CIBC (CM) is north of $100.00, do you forsee a stock split sometime in the new year?
Q: Hi Peter & Ryan,
Based on your last answer about CF, would you recommend to increase position, eventhough it went down 45% since July 29th'14? Is it the right time or wait for the energy sector to settle down?
Merry Xmas,
Morris
Based on your last answer about CF, would you recommend to increase position, eventhough it went down 45% since July 29th'14? Is it the right time or wait for the energy sector to settle down?
Merry Xmas,
Morris
Q: Hi Team: growing a little frustrated with lack of growth. Considering switching to CF for higher appreciation potential as the CDN market recovers. Reasonable?
Q: I guess I bought cf at the top. Down 45 per cent. It seems excessive since they just paid a special dividend on top of the regular dividend. I know it is partly due to oil and gas but would they not make a lot of money through mergers of oil companies next year?Hopefully I learnt my lesson ie I have way too much in oil and gas related companies as a percentage of my portfolio stuck now to wait for the next up cycle. Or maybe when my portfolio review comes up I will be advised to dump and start over lol.
Q: Follow up on CXI. Your report on the firm is positive, but it is not in the model portfolio. Please explain how you decide what goes into the portfolio and when you make changes to the composition. Thanks.
Q: Hi Peter and Team, would you be able to explain the five year low in share price of AHF? Is there something of real concern here? Are insiders or major share holders selling here? Thanks!
Thanks for all your help this past year.
Merry Christmas and All the Best in 2015 to All at 5i including Members!
Thanks for all your help this past year.
Merry Christmas and All the Best in 2015 to All at 5i including Members!
Q: Peter, can I get your view on Callidus? Why the stock has been down so much since early Dec? Do you like this company? Is this a good entry point at around 16.89 per Thursday's closing price?
Q: Hello Peter & Co,
Could you please explain what this company does?
Tony
Could you please explain what this company does?
Tony
Q: Dear Agent. Would you recommend AGF=B as a good stock to purchase. Eddie.
Q: I'm having difficulty in comprehending how this company is able to payout the dividend it pays ? Could you provide some insights please ? What would their payout ratio be ? I've owned it for several years and have done quite well, but am getting nervous.
Thanks Ed G
Thanks Ed G
Q: Hi Peter and 5iResearch Team,
Can you please provide your short to medium term outlook for National Bank, NA. It is down significantly from its highs. Do you see this as a buying opportunity. I know they are different company's would you buy National Bank or Stantec at this time.
Thank you. Linda
Can you please provide your short to medium term outlook for National Bank, NA. It is down significantly from its highs. Do you see this as a buying opportunity. I know they are different company's would you buy National Bank or Stantec at this time.
Thank you. Linda
Q: Hi There
I'm trying to understand this rate reset, of which I hold a modest amount. Current price and yield is $17.6 and 6.7%. Reset date is March 2015. Reset rate is ~4% (2.7+1.3). New dividend will be ~$1 ie 5.7% yield on current price. Is it simply that this is the new yield value the market has put on this perpetual? If so, why the drop in a potential rising interest rate environment? Perhaps the credit risk has reduced.
Thanks as always.
David
I'm trying to understand this rate reset, of which I hold a modest amount. Current price and yield is $17.6 and 6.7%. Reset date is March 2015. Reset rate is ~4% (2.7+1.3). New dividend will be ~$1 ie 5.7% yield on current price. Is it simply that this is the new yield value the market has put on this perpetual? If so, why the drop in a potential rising interest rate environment? Perhaps the credit risk has reduced.
Thanks as always.
David
Q: We want to buy a bank today and would be interested in a opinion between TD, CM and BNS. INK research had a report indicating BNS was at the bottom of their list and your team has a high opinion of BNS. Hope you can clarify
thx
thx
Q: Would you say that holding Canadian Financials (Banks and Insurance)is a decent hedge re: increased interest rates.
Thanks
Thanks
Q: Hello...I owned this company a while back and sold before it fell off a ledge. The stock seems very cheap and I'm considering buying some. Any thoughts for a long-term hold? The prefs seem attractive too. Thanks.
Q: I have been following CXI since your report, with a the intention of opening a half position. It is down a little today and I assume that's a reaction to currency markets and the Ruble. Would you advise holding off until currency markets settle a little or is now as good a time as any?
Also, thanks for the sage advice on TOU, I assume todays rise is in reaction to the Talisman deal?
Mike
Also, thanks for the sage advice on TOU, I assume todays rise is in reaction to the Talisman deal?
Mike
Q: This is not a question, but a comment.
Ref: December 15, 2014 (asked by Jim)
Question: I have been looking for an ETF, on the Canadian stock exchanges, that tracks US banks. Can you recommend any and of course, the best one as you see it. (lol)
Thanks for your help!
5i Research Answer:
We woudl suggest the best one (if not the only one) as ZUB, BMO Equal Weight US Banks. It is $199 mm, hedged to the C$, with fees of 0.40%. Three year annual return is 26.7%.
The symbol for US Banks is ZBK, not ZUB. Per the BMO web site, this etf has a distribution yield of only 1.09%, and the fee is 0.35%. Not sure where your performance numbers came from. There are none on the BMO site as this etf only began in Feb. 2014.
Ref: December 15, 2014 (asked by Jim)
Question: I have been looking for an ETF, on the Canadian stock exchanges, that tracks US banks. Can you recommend any and of course, the best one as you see it. (lol)
Thanks for your help!
5i Research Answer:
We woudl suggest the best one (if not the only one) as ZUB, BMO Equal Weight US Banks. It is $199 mm, hedged to the C$, with fees of 0.40%. Three year annual return is 26.7%.
The symbol for US Banks is ZBK, not ZUB. Per the BMO web site, this etf has a distribution yield of only 1.09%, and the fee is 0.35%. Not sure where your performance numbers came from. There are none on the BMO site as this etf only began in Feb. 2014.