Investment Q&A

Q: Hi Peter and Wonder Team,
I am just wondering what you would suggest as to ETF replacements for the following SEI Growth Fund 80/20, I would like to replicate with ETF's as the fees are too high.
SEI U.S. Large Company Equity Fund Class O 24.14%
- SEI Canadian Equity Fund Class O 20.71%
- SEI International Equity Fund Class O 19.37%
- SEI Canadian Fixed Income Fund Class O 9.62%
- SEI U.S. High Yield Bond Fund Class O(H) 6.84%
- SEI Emerging Markets Equity Fund Class O 5.95%
- SEI U.S. Small Company Equity Fund Class O 3.91%
- SEI Global Managed Volatility Fund Class O 2.95%
- SEI Real Return Bond Fund Class O 2.89%
- SEI Canadian Small Company Equity Fund Class O 2.86%

Thanks for all you do, such a valuable service! Happy Holidays!

Q: What do you think about Timbercreek 203 as an investment in a RRIF account? Would it be suitable for a non registered account or a TFSA?

Q: Hi Team! What are the top 2 actively managed mutual funds in the Canadian, US and Global sectors and why? Thank you

Q: Hello 5i ! I am generally satisfied holding Mawer Global Small Cap but I don’t like the large annual distribution (in December)…do you think it could be substituted by an ETF ? Thanks !

Q: For a variety of reasons I feel that Precious Metals and Resources should do well. However, picking stocks in this space leaves a lot to be desired(FNV, KL, AEM aside) Getting both the timing the commodity and company execution seems nearly impossible, even if you are willing to listen to all the crazies that think the world is about to implode! Yet getting both right seems to be critical.
I think active management may earn it's fees in this sector.
For PM -I'm looking at Dynamic Precious Metals
For Resources - I'm looking at Dynamic Strategic Resource Class

How do you feel about the manager? Is there another you would suggest?

Q: I have a friend who has trusted his advisor completely . His basic investment account has 92 positions ... less than one third of the value in US and Canadian equities ( all in odd lots, like 14 shares of AAPL @ a profit of $56.00 ) , but most are in Mutual Funds ( everything under the sun ) . RBC have convinced him that because it is a million dollar portfolio, he gets a very “low fee”, You have trained me well ... stop this insanity right ? Buy great stocks and where you want broad exposure and indices buy ETFs ...right ?

EXCEPT
I don’t know how he can get out of 40 mutual funds and 50 stocks without incurring ridiculous trading fees . His RSP,RESP and TFSA are all structured in the exact same manner ... same exact funds
If , for example , he directed his broker to transfer all positions to RBCdirect investing , would he avoid the initial hit of over 350 trades at 9.95 each ? OR does one make a deal with the advisor to get him out of this stuff ? OR does one make a deal with a different broker altogether ? OR does one complain to the securities people ?
I don’t know what strategy to use , but as per your video , he will be giving his advisor hundreds of thousands in fees and commissions .

Q: Further clarification of my question re bond holdings in portfolio. md stable income fund is a segregated group annuity insurance policy holding 50% insurance and 30% short term bonds. I would like to decrease my weighting to 10% or switch to another short term fund as 20% plus cash holdings is hurting my returns. What percentage do you feel of a moderate rrif should be short term bond? Thanks once again for your opinion
Tom

Q: I would appreciate your help in simplifying my RRIF fixed income portfolio. I am retired at 73, with about 55/45 equity/income split.primary aim is income and capital preservation. I hold positions in zag 10%, xsh 9%, clf 5%, pmif 5%, tlt 5%, xlb 3%, Xhy 2.5%, srln 2.5%, rbf 1340 4%, mdl240 23% and (sadly) preferreds HPR 3% vrp (US) 1.5% .the rest is cash type investments. I would like to switch the canadian PFD to all US: switch xlb for more TLT. I am gradually decreasing mdl240 which has to be withdrawn overtime for another more flexible short duration ETF. Keeping either xhy or srln which ever you feel would improve the porfolio. I would appreciate your thoughts of these etfs, and percentage allotments to them If there are better choices please share your insight. Please use the number of credits appropriate. Thanks very much Tom

Q: How does one invest in the Chinese stock market and high tech in particular? I am not looking for a general index fund but a fund with active management that investigates and only invests in hiqh quality growth and dividend stocks in China and with a proven track record.

Q: As someone that lives in Canada, what's the best way to buy VBIAX in registered and non-registered accounts?

Q: What are the advantages and disadvantages for ETF versus Index Funds.
Is it better to owned Index Funds in registered accounts?

Q: Gentlemen,
Your thoughts on Purpose Speciality Lending Trust as alternative investment.
Thanks

Q: What is your opinion of this investment in terms of safety and income?

Q: performance

Q: Looking to possibly switch from VEE into another Emerging Market fund. Like Mawer but Mawer 160 is quite small . Or do you other suggestions? Or stay the course with VeEE.

Q: Can you give me a suggestion for both ETF and Mutual funds for Global Dividends with average risk exposure

Q: What Pimco Global bond fund would you recommend for long term income

Q: Can I have your opinion on this investment? Thx

Q: I currently own TDB900 and 902. Have now read that TD will be using ETFs to purchase their funds like the ones mentioned. I have held these funds for a long time . So I am wondering if it still ok to hold onto TDB900 and 902 since I am uncertain how this will affect those holdings. Is it time to switch the funds for similar ETFs. Any clarification is appreciated. Thanks Paul.

Q: Can I have your opinion on this Vanguard mutual fund for a long term hold in my RRSP. The MER seems good for an actively managed fund. What does “Series F” means in a mutual fund? Thank you for your opinion.