Investment Q&A

Q: Based on the price appreciation of Amaya this month the Model Portfolio weighting has likely gone from 5-6% to 10-11%, unless there's been a reallocation, as there was in May. I get the philosophy of not wanting a position to get too large in a portfolio but surely this idea might be counterbalanced sometimes by the idea of letting your profits run (and not adding to your losers) particularly on a stock that has such a great promise. If profits were taken on AYA on the way up, at what point was the decision made to do so, and what was the rationale behind it? Thanks, J.

Q: Hi Peter,
Our portfolio is comprised of five accounts. Within the portfolio we have 12.2% in finance plus another 8% in REITS. The strictly finance stocks & percentages are:

MKP 3,5% (in TFSA & RIF)
BNS 3.1% (in Inv acct)
GS 2.4% (in Inv acct)
TD 1.6% (in Inv acct)
EFN 1.6% (in Inv acct)

Question: MKP is probably a bit weaker company than the others. Would it be reasonable to switch it for SLF, and would SLF provide a similar overall return to MKP over 3 – 5 years? Or do you have a different suggestion as a MKP replacement? Or would it be reasonable to keep MKP, which has provided a great distribution and a small CG.

The REIT holdings are:

HR 3.2% (in TFSA & RIF)
MRG 1.9% (in RIF)
REF 1.6% (in Inv acct) (CG of 125%)
AP 1.3% (in Inv acct) (CG of 150%)

Question: Would you make any change to the REIT holdings in the TFSA and/or RIF?
If the overall finance holdings are a bit high, perhaps the sale of a TFSA/RIF REIT would be appropriate to make room for a material stock. The only portfolio holdings in materials are MCR and G.

Many thanks. Bob

Q: 11:01 AM 6/16/2014
Hi Peter

I sold my PrairieSky this morning at a huge 40% gain from the IPO price as it was like getting 10 years of dividends all at once as a capital gain - too good to resist - so now I am looking for a good long life higher dividend paying oil company.

I have narrowed down my choice to these growing light oil companies, one or more of which I would expect to hold for many many years.
Safety and growth of dividends, and decent share price growth are most important to me.

Whitecap [WCP]
Surge [SGY]
Bonterra [BNE]
Crescent Point [CPG]
Canadian Oil Sands [COS]

Could you please put these in order as to which you prefer and maybe explain why you make the choices you do.

Thank you very much............ Paul

Q: Are you aware of any reason why ET(Evertz Tech) is under some selling pressure today.Their latest quarter seemed quite solid to me.

Q: I have been trying to find your email re the changes to the equity portfolio and have not been successful. I am particularly interested in the replacement for TOU and the rationale.

Q: Hi team, I have become (happily) overweight in Whitecap, and will trim it to buy a couple of new positions. I am slowly rolling into your growth portfolio stocks. I own AYA, BNS, CGX, CSU, and from your income portfolio I own SLW and SGY. Continuing to build on your Growth Portfolio, which 2 stocks would you suggest I add. Thanks so much.

Q: Hi. I have bought the stocks in your model income portfolio. Now I am looking to add a few from the other model portfolio to add some sector diversity and a bit more growth potential. I am thinking of CCL.B, CGX, CSU, SJ, MDA and CCS. Can you suggest any additions/subtractions/substitutions to create a better mix? I won't start using any of this money for 7 to 10 years, but would like to error on the side of caution rather than being too aggressive.

Thanks for your help.

Craig

Q: Hi Peter, Please tell me when you are going to update the "summary" list of stocks.

Thanks,

Peter

Q: Hello. Enjoying having information flow from 5i.
Question is on the growth portfolio.
What is the reason for change of ACB sylogist; from 4.90to 4.70.......in one month period? (April vs may report)
Thank
Dave

Q: The Income Portfolio for May seems to have the yield percentages wrong on most of the holdings.

Q: Greetings: I would like to know how many shares are "owned" (not the right word, I realize) for each company in the new Model Portfolio. I see the ACB but not the number of shares.

I like to set up the model portfolio in Yahoo Finance and see how it performs compared to mine. I have learned quite a lot by doing this, sadly the main thing being that I should have duplicated the Model Portfolio from day one and left it alone. Period. Thank you very much for stellar service. No rush for this.

Q: Hi

Is ot possible to reduce you income portfolio to 10-11 nsmes foe a 25k acciunt?

Many thanks

Q: I'am about to set up a income portfolio to match the one you have ,is there any changes you would make to it ?

Q: 5IR Income PF
Dear Gentlemen,
Is it possible to add the Sector & Industry for stocks in Income PF ?
Thank You
My Best Regards

Q: Telus and SLF have been components of the model portfolio for more than a year with no rating and I assume they would have to be at least a B- or better to join at all but I wonder if you could assign a provisional rating, perhaps subject to adjustment when full reports are done, so that members can get a better idea of just how keen you are on them. I note also that the Income Portfolio doesn't have a column for ratings, at least for April; would it be possible to add it and assign provisional ratings for the stocks not yet covered too? Thanks, J.

Q: Good afternoon...I am looking at adding to my portfolio with available cash...based on your current portfolios and stock prices can you advise what are the top 6 you would currently buy based on current price and future growth/dividends...

Thanks again

Q: Are any of the companies in your model portfolio besides Magna available on the US stock exchange? I'm going to have some US dollars available that I would like to use on a model portfolio stock if possible. thx!

Q: Peter and crew:
At year end in your model portfolio, you made some adjustments to the equities held. As a new subscriber I was wondering if this ever occured during the course of the year (i.e. if you felt a company was no longer worth holding). If this was the case would you put out an updated report prior to the switch, or give your subscribers any sort of warning/justifications about upcoming changes to the portfolio.
Thanks as always for a great service!!

Phil

Q: Hi Team..Can you tell me what the yield is on XFR (the Canadian alternative for FLOT) I do not have a U.S. account which leads me to my second question. Is it still a good idea (with the US $ being so high) to buy some US $ and put FLOT in a US account? I own CDZ and most of your income and growth portfolios but no bonds! Thanks so much for all that you do!

Q: You have Superior (SPB) in the income portfolio, so you must think it is a pretty safe, conservative investment. What happened when the share price went from $30 in 2006 to $6 in 2011, and even all the convertible bonds were trading at 60. I thought the main problem was the debt. And what has changed so much in the past 2 years that it's moving in the right direction?