Investment Q&A

Q: Do Vanguard ETF's actually own the shares in their ETF's or is it some derivative that they use? If they don't own the shares, what risk does this present? I seem to recall that there was a difference between Blackrock and Vanguard in this regard. Is that true?

Q: Could you please comment on $WIN, Wi-Lan. Is it a buy at current prices after such a large run up.

Thanks Valter.

Q: Would you be a buyer of HLF today? I know you prefer CLR. I currently own PBH and wondered if HLF/CLR would be good addition or would Loblaw be a better choice.

Thanks
Dolores

Q: Please give me your thoughts on TCL.A. Comment on last quarter. Would you recommend purchasing here?

Q: I hold a small position in L currently up 53% and am in a position to double it or add ATD.B to my well diversified portfolio. My focus is dividends with some growth. What is your recommendation at this time?

Thank you for your valued opinion.

Q: The company's current year started April 1, 2016. I anticipate Ovivo may make as much as 18 cents a share for the current year. On the basis of those numbers and your opinion of the balance sheet etc what value do you think the company currently deserves? The 4th q comes out June 1st and the company is expected to make about 10 cents a share profit so the outlook for fiscal 2017 is for material growth in profit. If energy prices continue to move up then even better results may be possible for late 2017 or fiscal 2018. Thanks.

Q: Nordgold N.V.has now formally made a takeover offer of Northquest Ltd (NQ) shares at 26 cents. This offer expires on June 15 2016. What happens if I don't offer my shares before the offer expires?

Q: Please give me your short and long outlook for this co. Thanks for all your valued service.

Q: Would be interested in your take on the recent allegations.
Thanks
Jean

Q: My wife and I have defined benefit pensions that meet all our needs. We are conservative investors looking for a 8-10% total return. I am proposing the following equity allocation to enhance our financial position and would appreciate any comments you may have. Thank you 5i team.

50% diversified blend of 5i covered stocks
15% XSP US. stocks CAD hedged
15% high yield bonds
10% ZRE real estate
10% CDZ dividend stocks

PS If I hold XSP in my cash account, would the dividends be subject to the US. withholding tax?

Q: Hi , if Loblaw goes ahead with the sale of their gas bars, would you assume the share price responds positively?
Thanks,David

Q: Would you buy MON now essentially on a "bet" that the Bayer deal will go through?

Q: Your opinion about ptg's release today? Thanks

Q: i would appreciate your opinion and outlook on Aecon. Would you recommend it for a 2 year hold or prefer another company?

Q: I would like your opinion on today's announcement of an IPO of MCAP. What effect will this have on MKP? Is this a gutting of MKP? Thanks as always for your service.

Q: In my TFSA I presently hold ADW.A, CCL.B, CSH.UN, DSG, ECI, GUD, MND,& WEF. I am considering adding either CLR or BOS. Could I have your comments which would be better for growth.
Thanks

Q: Hi Peter and Ryan,

I have a cash account at TD Waterhouse (TDW), and I use their Investment Savings Account (ISA) for the cash portion of my portfolio. Currently, the interest rate for that account is 0.75%, and it has been at that level for a long time. I also have an account at Meridian Credit Union. They have a High Interest Savings Account (HISA) for short term cash that pays double what the TDW ISA pays, and the interest rate they are offering on that account has been at that level or higher for a long time. My question is as follows: How risky would it be to park more than 100K in a Meridian HISA? In other words, how solid is Meridian as a financial institution?

Many thanks for the great service.

Q: Hello. Since I started investing, I've been told that selling covered call is the safest and easiest way to earn extra income. However, I've found that the cost of buying and selling covered call options in the Canadian stock market is extremely expensive. If the stock is called away, the bank will charge an extra $49 as handling fee per transaction for both sides (no matter the amount of the contract). Do you know if there are any investment institutions that offer no handling fee at the end of the expiry? I've heard that Interactive Broker may be one of them. Are you aware of any others? If I could switch some of my portfolio to a cheaper trading institution, do you think it is worth the hassle to sell covered call? MANY THANKS.

Q: I bought WAJAX Corp 10 years ago at a much higher price and held it since. After a rough ride it seems that this company is turning the corner with some decent earning and a better estimates from analysts. Could I please have your views and if it is worth holding, if not what I can replace it with. It is a small portion of my portfolio and diversification is not an issue. Thanks

Q: Hello,

Two part question. First, thoughts on NYX Gaming's earnings report? Second, Intertain just reported strongly, is considering strategic options and seems to be generally acting better. Would you switch any holdings in NYX to Intertain? Also, from a technical standpoint does Intertain appear poised for a breakout if it can ever shake free of the 12-12.30 range?

Thanks