Investment Q&A

Q: By not listing in the US, are they in some way shielded from US shorts that target Canadian companies (sometimes for dubious reasons)?

Q: Hi Peter, Ryan, and Team,

When a member asks, for example, what are your top five picks...., but doesn't ask 5i to rank them, are they ranked in your answer? I notice that in your answers, the stocks aren't in alphabetical order, so does that imply that you've ranked them?

Thanks for clarifying this.

Q: 5i, what would be your favorite Trading Platform for USD/CAD, I'm using iTrade , but I'm looking for something better, with better FX rates. Thank you.

Q: Everyone, does investment strategy change with the size of your account? Does it matter if you have $10,000 or $1,000,000 or $10,000,000 or $100,000,000 etc. Clayton

Q: Follow up question regarding CDR NVDA.

(Answer: NVDA shares represented in its CDRs so they are not split in the same way. )

Currently it shows 0.06903387shares on CIBC website for each NVDA share. Is that means this will go up by 10.(0.06903387 * 10) if they don’t split CDR shares.

Thanks for your great service and support

Q: Stop loss question.
Today pre market the etf spmo has a bid of 74.27. Ask 89.90
Last trade yesterday 81.48
If an investor had a stop loss of ,for example 79.50
Would the low bid take out the shares.

Q: How do stock splits work if you own the stock as a CDR? For example, the upcoming NVDA stock split. Thanks

Q: Hello

Where do you suggest 5i members reference historical P/E avg s for any CDN or USA equities ?

Q: Hello
Pardon my tone but
Since since the start of Q1 Is it just me or are there in fact less questions being answered by the 5iii moderators both in volume and in a timely manner ? I know I ve had a t least 1 unanswered question for Q1:
- 1 being what would the 5i BE Portfolio return in fact be with out the CSU position being included since inception ?

and a new question -
To align the 5i platforms company reports to the 5i portfolio recommendations
Perhaps its time for 5i to seriously consider to post your research reports as follows: only 35-45% Canadian Equity reports with the remaining reports being USA or International equities (matching your member questionnaire) or the very least post the US research reports of the US Equity positions that the 5iii directors etc all in fact own per your disclosures ! - as I assume an alike research analysis has obviously been completed.

Based on my personal returns using the model portfolio baselines I have concluded believe there is a serious disconnect in that the model portfolios are 100% Canadian focused (zero US and international equity exposure) & none of the researched & recommended equity positions are owned by 5i directors. This issue also entertains what portfolio make up the 5i moderators in fact have in comparison or in lieu to the model portfolios that paying members utilize as a baseline ?
This perspective is no different than the importance of insider ownership of the public companies we all invest in.
*Perhaps a new platform feature of the various 5i members portfolio positions alike to the 5i subscribers portfolio allocations.

I look forward to your response and perhaps a disclosure of some 5i insider information on genuine portfolio make up.

Q: I've never had the stomach to buy U.S. dollars to acquire American stocks, so the other day on BNN's Market Call when Greg Newman talked about CDR's, I was intrigued.

Are there any negatives in owning CDR's? Because right now the positives -- such as being Canadian dollar-hedged, the fact they appear to trade like a one company mutual fund, and not having to buy U.S. dollars -- appear pretty damned attractive. Pete.

Q: Regarding position sizes of individual stocks, I have a PRIF, RRSP, TFSA and a cash account where I use borrowed $ from HLOC. In the cash account I have HDIV, ZWU, and CLS for some better growth hopefully. The distributions cover the interest expense monthly, I enjoy the tax advantage of interest expense and have done well over the years making some capitol gains, this account is about 18% of my entire portfolio. My question is regarding individual stock position size in the other accounts, seems to me I should not include the cash account holdings, curious to 5i thoughts?

Q: There have recently been questions about the number of stocks to own in a portfolio and diversification across a portfolio versus accounts. I need to reduce the number of stocks I own, but I am debating what the portfolio should look like when I am finished. My wife and I manage our account as a combined portfolio, but the result is that we are dealing with eight accounts (unregistered, TFSA, RRSP/RRIF). I would be interested in your thoughts on the minimum number of stocks in an account so it is not a bet on a coup,e of stocks, ant the advisable of having the same stock(s) in multiple account.
Thank you.

Q: Hello 5i Team

Are publicly traded companies responsible for preparing the transcripts of quarterly earnings call and/or annual meetings? If not who prepares them?

I have noticed some companies post them on their website and others do not.

I have seen some third party websites post transcripts, but it is often hit and miss

Do you have any recommended web sites for transcripts?

Does your data provided offer this service and could it be incorporated into the data you provide for companies?

Thank you

Q: I had purchased this in a Canadian TFSA. Just reviewing my investments and I must have asked for this to be transferred to the US TFSA due to dividends being paid in US currency. However, the cost is listed as the Canadian amount! No wonder it's showing I'm underwater. but I don't think it correct. Have you or your readers come across this problem before?

Q: Regarding SHOP's recent earning report, Stockwatch website has a title of "Shopify loses $273-million (U.S.) in Q1 instead of EPS of 20c. Could you please elaborate their earnings a bit to understand? Thanks

Q: I looked up a statistic from Morningstar called "Annual Portfolio Turnover". For VFV it is 3.47% and for VSP it is 26.1%. The passive index is the same but VSP is hedged to the Canadian dollar. Can you help explain what is included in this statistic? (AUM changes?, stock additions/deletions?, hedging? etc)
Could you please give me an example of situation where one might see 150% for an active ETF or aggressive mutual Fund? Thanks.

Q: Hello 5i,

I am a new member OF 5i research subscription. My question is generic in that, I would appreciate your view in principles regarding selling stocks.

In general, when and why an investors should sell stocks .
Looking forward to your answers. Thank you.

Q: My question has two aspects. One genral and another one specific
First. numerous analysts and professional investors (and not necessary professional short term traders) use to claim a golden rule saying if a company following poor results in the earnings season, slides 10% or about, you sell immediately and the sooner the better. What is your position on this issue?
Second. What kind of application could be envisaged in the specific case of a stock like Cloudflare with a recent splash of more than 17%?

Thank you very much in advance

Q: Good evening,
Further to Terry's question regarding crystallizing capital gains, prior to June 24th. I am in a similar situation, with my elderly parent's affairs, both personal and corporate, that I handle for her. It was very generous of you offering what you are contemplating doing, and most certainly much appreciated.
A wonderful, thorough service, I've been a member since you started up.
Thank you as always...

Q: Hi Group . I am not happy with my Raymond James financial advisor. Namely I am paying them $1200/month in fees. Presently i am at 6% return YTD (7 1/2 average over last 10 yrs). When i look at your balanced portfolio you are significantly better than that as is the major markets..

What is the best way to measure performance. Is it fair to say in general that they should be better than the market. What do you suggest as a reasonable measurement on performance . I realize this is not easy to measure so can you give me some suggestions that i can follow . thanks for your help