Investment Q&A

Q: Do you have an opinion on pooled wrapped funds? How do you feel about this type of investment vs a mutual fund? It is with cibc.
Thank you.

Q: Hello guys

I want to replace my edgepoint global fund in my TSA for another global fund or and ETF with a better upside and downside risk capture and if its possoble at lower fees

Thanks for an answer

Q: Hi Team,

I hold some of TD's high interest savings product (TDB8150 - 1.6% interest) for short term cash. You have also mentioned PSA.TO (1.86% interest) as a similar product.

Do you know if there is any substantive difference in these two products in terms or cost or risk or anything else?

Thank you.

Michael

Q: Hi,
I need a bit of help in structuring my Bond component for my RRSP.
I had so far running with PH&N High Yield 5%, ZST 5%, PH&N Total Return Bond 10%, PIMCO Monthly Income Fund 5% and MFT 2.5%, for a total of 27.5%. Given my age (59) and the fact that soon we may enter in a Bear market, I have to increase my Bond allocation. According to some, this should mirror my age, probably close to 60%. My question is: What combination of Funds/ETFs and weight should I use? Is probably not a good idea to invest more than 15% in a fund and probably limit my High Yield exposure to 5%. Thank you.

Q: I am sitting on some cash in RBC held RRSPs and TFSAs. Would the RBC2010 account be a good way to squeak out a tiny return while still having lots of liquidity in case I want to buy a stock or ETF in a fairly short time frame, say 24 hours?

Q: Hi guys
As you know Elderly Care is expensive..roughly 6 grand a month. Sold the house 5 years ago (big mistake) put the money in a split between GICs & BNS430 . 60% GICS 40% BNS430. This isn't enough Income to stop the Capital Drain. Myself, Im not impressed with the MER or the returns from the Scotia Innova Income Portfolio Series T. Was thinking of switching out of GIC or BNS430 to the MAW105. Would you have any other ideas?. Im a little scared of the Dividend ETFs, BMO dividend ETF got Hammered 30% in 2008....Yikes
thanks Gord ( take a many credits as you like)

Q: Hi 5Ii,
I have some cash to invest in my RSP . What are your thought on this fund? 5+ yr holding, am 62 yrs old? Gives me some diversification.
The cost is however 20,0000, I currently manage my own portfolio just looking to manage less.
Or better to Purchase similar ETF funds?
Any suggestions much appreciated.?
THANKS,
Scott

Q: Goodmorning

My Grand Daughter has the following funds in her RESP> She has sufficent funds in each to pay for all costs associated with each of the 3 years of her education. Which would you sell 1st 2nd 3rd over the next 3yrs and would you suggest selling any and if so what would you replace them with?
Thks
Marcel
Plse take 3 credits

Q: Canadian BT global growth fund is up 11% this year, rose 15% last year, and has beaten the S&P/TSX Composite on an annualized basis since inception in 2006.
What are your thoughts on this fund? How has it performed so well?
E.g. Versus the 5i managed portfolios down by 10+% last year, how did it manage to rise +15% last year?

Q: Could I get your opinion on the potential for VIGI. I am looking for safety with modest growth in my RIF. Is it dependent on Brexit or mainly just the European economy? I also hold MAW102 and VIG which have both performed better than VIGI. I have considered selling VIGI and investing the proceeds 50/50 in the other two. Comment and suggestions appreciated

Q: Recently, I took over a financial advisor managed portfolio, which included these two mutual funds. Since I prefer ETFs instead, I wonder which ETFs might be most suitable to replace these funds.
Thank you, as always!

EdgepointGlobal EDG100,Capital Group CIF823

Q: Hi

I have about $45000 invested in TD bank, AQN, Northland Power, BEP.UN, SIS, TOS3,and IPL. I have another $45000 I want to invest in long term (5 to 20 years), safe investments that I don't have to worry about, as I don't like checking my stocks everyday. I like dividend growth companies. I want to Invest in TDB972 but with my account set up with CIBC Investors Edge, I can only invest in other TDB mutual funds. Looking into changing this. I was also thinking of putting more money into AQN, SIS, and buying some BNS stocks. Do you think in the long term that these are good choices? Also, what do you think of TDB972? Should I try and change my account parameters to invest in this, or are there other better options with TDB mutual funds? I am open to hear about other good mutual funds to invest in that you think are good, sound, long term investments. Thanks

Q: Recently came across this fund - Resolute Growth/ Performance - it was / is being run by Tom Stanley - I believe it is closed to new investors - but according to what I read it has performed incredible. Do you have any background to this story - what did they invest in to get these kind of numbers? Just found it very a interesting story.
http://www.resolutefunds.com/rgfstory.html

Q: Hello 5i
I am invested in Bruce Campbell managed Canadian equity growth fund with the purpose of offloading some of the small cap investing decisions.
Do you have another suggestion for similar fund style ( small aggressive) that may contain less POT stocks? Seems this fund has tilted toward Healthcare (50%) ie pot.
Thanks
Dave

Q: 'Liquid Alternatives' seem to be gaining some hype these days. Could you explain what these might be and if they are good investment strategy? Some examples perhaps?

Thanks for all your support.

Q: Hello and happy new year 2019

My question today is regarding xhy which is composed of high yielding US corporate debt but trades in Toronto in Canadian dollars. It mentions CAD hedged. Performance of Xhy is rather dreadful since Oct 2018, is this independent of the two curriencies ? I would have thought that a depreciating CAD would help boost the NAV. Or would an appreciating CAD boost NAV. Your thoughts ? Also, could you recommend a mutual fund equivalent of Xhy (albeit with higher fees).

Thanks so much

Daniel

Q: Hello,
I currently own the mutual fund Trez Capital Yield Trust Fund in my portfolio. It pays an attractive yield of 8%. However, I understand that the parent company Trez Capital is currently winding down its operations. It is currently trading at $0.50 a share. Is my investment in the mutual fund secure or would you advise me to sell the fund and redeploy the funds?

Q: Could you please give me your opinion of this fund? My son has a lot of cash in this fund on the advice of his financial advisor.

Q: In the past I have had very good results from investing in Mawer Equity Funds. In world markets, I have found that they typically outperform the comparative benchmark. I have virtually no exposure to emerging markets so thought that I would invest a small percentage of my assets in the Mawer Emerging Markets Equity Fund. Currently, because it is a small fund, the MER, all in, is in excess of 1.9% and at mid year they were underperforming the emerging markets index; however, I believe they have outperformed since that time. I understand it can be a very volatile area of the world to invest in but thought I should be there so hopefully have picked the fund that will perform best over a 10 year or so period of time. I recognise that this fund has a much higher MER than an ETF but thought that this may have value in this area of investment. I appreciate very much your comments. Thank you.

Q: Good morning team! My son has about $65,000 in RRSP, he's 33 and low knowledge about investing. He contributes $100 weekly into one bmo mutual fund only (classified as growth fund) with a MER of about 2.45% . His personal rate of return for 5 year average is 6.9%. Thoughts please and what is your suggestions based on a limited informations given.
Thank you as always! Jacques