Investment Q&A

Q: I would like to have a decent return but preservation of capital is a priority. Please provide your opinion on CIBC Canadian Bond Index Fund – Premium Class CIB585. I am aware that you recommend the ETF CBO so would appreciate your comparison. This would be in a non registered account.
https://www.cibc.com/ca/mutual-funds/no-load-income/can-bond-indx-fund-premium.html

Thank you,

Q: What do you think of Norrep Income Growth mutual fund? I am retired and living off dividend income. Not so much interested in capital appreciation but reliable dividend stream.
Also why do different "series" pay different fees between 1% and 2%?

Q: I have 73 % of my investment portfolio in stocks. I'm 80+ years of age and have not need for income from the portfolio; it will be transferred to a future generation. My advisor recommends reducing the stock component to 60 %. He suggests purchasing large amounts of Manulife Global Tactical Credit Fund & Manulife Asia Total Return Bond Fund. Please provide me with a critical review of those funds. Do you have other suggestions in the fixed income area?

Q: Could you give me your thoughts on investing in Europe at this point in time. Would you hedge to the US or C$? Would HEDJ be a good vehicle? Thanks.

Q: can you comment on Russells diversified Fund for income and a little Growth, thank you.

Q: Mfc1192. I purchased this at around 50 per share 10yrs ago and had been under water since. It is now near 70. What would ur opnion be to continue to hold thru the seasonal strenght a little longer and maybe sell half or all and would there be a better or less expensive alternative?

Q: How would you compare Dividend 15 Split (DFN) with Dividend Select 15 (DS)? Which, if any, would you prefer?

Q: Hi,
My question is on AEM, Agnico Eagle. Any idea why the stock is down so much tody and do you think its a good buy at these levels?

Q: I would appreciate you thoughts on Manulife Asia Equity Fund. I own a small amount with a slight capital gain. Would you recommend buying the fund to diversify my holdings outside of Canada? Is the fund well managed?

Q: Hello Folks,
I see this monthly income fund has a mer of 1.39% if bought with CAN funds and 0.45% if bought with US funds. The symbol is PIM005 if bought with CAN$ or PIMIX if bought with US$.
Is this all correct? I have some room in my portfolio for fixed income and just received some US funds which I would like to deploy.
Thank you,
Rick

Q: Can you give me your opinion on D series mutual funds? Thanks

Q: This is a comment on Austin question this morning. Some fund companies and in particular Sprott charges performance fees even when the fund loses money. So in the example you have shown if the market went down by 50% and the fund went down by 30% the some performance fees are charged. So they get on the upside and downside, which I think it is unfair. I would like to see fund companies, charging only on the upside with a specific percentage of absolute return. Or better yet giving back what they earned in performance fees when the investor loose money.

Q: Hi Guys

Do you think it is time to buy some hhl.un units at this time

Thanks Mike B

Q: I've been following Eric Nuttall for quite a while, as he seems like the go to guy for Energy Stocks. His Fund is up 38% as of May/31. I'm thinking of buying into his Fund SPR 006 (A), but in addition to the Mer of 2.5%, there is also a Performance Fee of 10% of excess over S&P/TSX Capped Energy Total return Index. This is confusing!

Would you kindly explain exactly what would be my Total Fees would be on an investment of $1,000?

Many Thanks!

Q: My investment advisor has me in a strong position with this fund (RBF554, North American Large Cap focus). While it's 3 yr performance seems decent at 9.45% it's 1 yr return (which is what I have participated in) is -.41%. MER is 1.75%. Do you think this fund is worth keeping or is it better to move on and if so would you have any suggestions of a good fund or etf to replace it?

Thanks
Gary

Q: Your thoughts on the following tentative plan will be appreciated:

Looking to tweak our equities some over the next year or two to provide for a bit more US exposure and sector diversity and less in mutual funds. We looked at about 10% of our equity holdings in yesterday's review with our IA and tentatively landed on this:

1. Cdn $ - Sell Dynamic Dividend Income Fund and (some of our) RBC Cdn Equity Income Fund tentatively in favour of iShares Core S&P 500 Index ETF CAD-Hedged (XSP).

2. US $ - Sell CI American Value Corporate Class Fun and TD US Mid-Cap Growth Fund tentatively in favour of SPRD S&P 500 ETF.

PS. Our IA seemed to hesitate about us selling any of our RBC equity fund as he feels it well-managed and performing well again this year (11% ytd).

(Context: Retired. No pension. Conservative. 35% GIC, 30% preferred, 5% alternative, 30% equity, preferring blue-chip safe dividends.)

Thank you.

Q: Could I please get your opinion of this fund for a RESP.

Thanks

Dave

Q: BDJ: Blackrock Enhanced Equity Dividend Trust
What is your opinion of this fund for retirement income? What are the risks? The yield is 7.25% and pays monthly. I read an article that said it's currently selling at a discount.

Q: Can you recommend an absolute return fund for someone that is not an accredited investor? Thank you

Q: Hi, what do you think of this new fund, Caldwell US Dividend Advantage? It still very small. I am trying to diversify from Canadian only stocks, want a dividend and don't want ROC (which they state in their prospectus might happen). Thanks!