Investment Q&A

Q: Could you share the significance of their recently secured $500MM in debt and how this may impact the stock price.
Appreciate all your hard work. Ted.

Q: Hi 5i
Since Loblaws redeemed there preferred shares I've been thinking of replacing them with TRI.PR.B and a Weston preferred share. What do you think of this and which Weston preferred would you buy and why? I now have a good amount of preferred shares in my portfolio in many large good US and Canadian companies. My only concern with these is there liquidity. What would be a reasonable amount of ones portfolio to put into these.

Q: What are your thoughts on STRK?

Q: Do you consider SPLT a safe investment? Seems a no-brainer compared to an interest savings account at 2.55%.
Can that chart continue on that trajectory?

Thanks, Mark

Q: Do you know where I can get a list of all convertible debentures traded on TSX?

Q: What are your thoughts on this etf.
Yield is high as are the mgt fees. I think the beta would be low and the investments relatively safe

Q: Looking for a preferred share from Edison that pays a good dividend and may even over time give a capital gain. What do you recommend do they have a 5yr reset or perpetual that looks decent here.
Regards,
Mark

Q: Thoughts during the current market cycle?

Q: I have owned CVD for a while and while it has shown decent results, I am in the unfortunate position of being unsure why I bought it! If I understand the product, a series of bonds (duration unknown to me) would rise faster than a similar bond fund without the conversion features if equity markets rose. I, therefore, assume that in declining equity markets, the fund would decrease less than the underlying equities because the bond provides a "floor" to some extent.

When the conversion price is reached does the fund buy the equity and keep it or does it sell it on the market and use the proceeds to buy more bonds?

If my understanding is correct would you not be better off buying pure equities if you expect the markets to rise and a pure bond bond if you think markets are going to decline? So I am left with the question: "What is the value proposition of a convertible bond fund?"

Appreciate your insight.

Paul F.

Q: In anticipation of continuing 'interesting' times, I am considering moving some WN.PR.A over to my TFSA. Since I am in my late eighties I consider this more of a fixed incme investment and less a consumer staple. Given the number of years the issue has exited, I am uncertain as to current redemption. I would appreciate relevant tho'ts. Thanks for all ideas that the team has provided over he past decade+. Bill

Q: Hi, would this be a good time to be buying convertable bonds or the ETF equivalents.
thanks. James.

Q: Not only are preferred share ETFs seeming to hold their stability well of late but they're outperforming just about any other ETF I own, be they Canadian dividends, US tech, or international. Obviously, there's a market reason for this. Would you know it and whether it's likely to continue?

Q: I have owned this pref for some time...I find it difficult to find info on US PFD"s...my question is do these have a reset feature like CDN Pfd's and similar call features or should one just consider them perpetual pfd's...many thanks

Q: hello 5i:
Like some other asking recent questions on the above: I've held this as I've seen it as a very low risk, high dividend, preferred. As it's no longer held (for all intents and purposes), do you have suggestions for something to replace it, possibly in the consumer staple category, though not necessary.. Other preferreds are already owned in companies like Enbridge, Fortis, etc.
thanks
Paul L

Q: Greetings 5i
It looks like this preferred is going to be redeemed at $25. Do you know when this is to occur?
Also, and more importantly, why would a company, in todays interest rate environment do this? Has L stated their motivation?
Thank you as always.
SP

Q: Hello 5i

What's going on with the Loblaws preferred shares this morning? Should I sell now or wait? I have 5000 with an average price of $20.80 per share.

Thanks

Q: as an owner of this Preferred I am interested in how Brookfield Properties is doing but never seem to be able to access their latest financials...lack of know how on my part...would you be kind enough to summarize the latest financial performance for me ...please and thank you

Q: I own ENB.PR.U in order to collect US$ dividends that qualify for the dividend tax credit.Do you know any other Canadian companies that have rate reset preferred shares in US$?

Q: Thank you for promptly answering my question on Silver Corp Metals. I have a follow up question. When a company does a "private placement" for convertible debt my understanding is that a bank/brokerage house will offer this placement to clients who have accounts with them. I guess that means that DYI investors who do their investing with a discount broker, in my case RBC, do not have access to these types of placements. Is that correct? Will that placement eventually end up on an exchange and be open to trading on that exchange? If the answer is yes then how long does it generally take for a private placement to end about on an exchange so it can trade? If the answer is no, then how does the investor who bought the private placement eventually liquidate their holding? I am just trying to get an understanding of how this works. Thanks for your help.

Q: I own these shares. these are rate reset preferreds for Brookfield infrastructure that pay a yield of 7.475% until March 2029. These dividends are eligible dividends.The company is trying to redeem these shares at 26.50 a share. I will vote against it. If however if a majority vote for it, is there any legal way for dissenting shareholders to resist being taken over. This process seems somewhat unfair because the company could've offered 26.50 to those shareholders who want to be taken out and leave the other shareholders to continue to receive their dividends