Q: I bought a small position in the DH debentures ... I hold a full position in DH which was murdered . Does the debenture purchase make sense ... I got it for $98.00 ... ( not the BEST price but it is a 2 year hold for 6% payout )
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hi 5i Team, can you please explain the impact of interest rates of CPD. I understand that last year the rate cut had a negative impact on the ETF and that a couple of years ago talk of rising interest rates hurt preferds. Can you please explain the impacts of either rate increase or cut on CPD?
Thanks
Thanks
Q: Hi Team,
Can you please provide an overview of Union Gas (UNG-C or UNG-P)? What is it's risk/reward profile? TD Waterhouse shows a tiny market cap of ~$7.5M with $1.8B revenue TTM. Is that correct? I don't understand the corporate structure (searches say it is a subsidiary of Spectra Energy with assets of more than $7B). Union Gas issues bonds in its own name though. Can you please shed some light on this?
Thank you, Michael
Can you please provide an overview of Union Gas (UNG-C or UNG-P)? What is it's risk/reward profile? TD Waterhouse shows a tiny market cap of ~$7.5M with $1.8B revenue TTM. Is that correct? I don't understand the corporate structure (searches say it is a subsidiary of Spectra Energy with assets of more than $7B). Union Gas issues bonds in its own name though. Can you please shed some light on this?
Thank you, Michael
Q: please explain the offer at 1000.00 per unit & is this dilutive to existing share holders and would this explain the drop in share price . buy hold or sell thanks neil
Q: Can you please comment on the preferred shares, series B, specifically the dividend payment terms and whether a change in control of GMP would trigger a requirement of the company to redeem the shares at par. Lastly, what would constitute a change of control under the indenture and what is your assessment of a potential change in control in the company prior to year end? Thx
Q: BBD.PR.B It seems to me that Bombardier cannot go broke - government support etc. Would this not mean that the preferred shares of BBD.PR.B ( cum redeemable ) are relatively safe? And if so why is the dividend so high (8.21%) ?
Q: Hi,
Is now a good time to invest in a preferred share etf? It is a non-registered account that is focused on income. How safe are preferred shares in a rising rate environment?
Thanks,
Jason
Is now a good time to invest in a preferred share etf? It is a non-registered account that is focused on income. How safe are preferred shares in a rising rate environment?
Thanks,
Jason
Q: reset preferreds have a next call date and a terms of reset ie 5yr GoC + 2.50% Does this rate apply to the next reset date or can the company set another rate to apply for the next reset date thanks Paul
Q: I don't know if you cover preferred shares but what is your opinion about this new issue from Bank of Montreal on a five year rate reset preferred share for five year with an annual coupon of 4.85%
Q: Hi
I would appreciate your view on the recent Capital Power minimum reset preferred issue CPX.PR.G. It has a floor of 6% yield with upside if interest rates eventually go up. I am aware that the Alberta government is planning to retire colas assets and the compensation may fall short. My thought is the prefs would be a relatively safer way to capture yield. Your perspective is appreciated
Thank you
Steven
I would appreciate your view on the recent Capital Power minimum reset preferred issue CPX.PR.G. It has a floor of 6% yield with upside if interest rates eventually go up. I am aware that the Alberta government is planning to retire colas assets and the compensation may fall short. My thought is the prefs would be a relatively safer way to capture yield. Your perspective is appreciated
Thank you
Steven
Q: Hello & Happy Thanksgiving to all.
I’m considering lending my 18-year old daughter some money at 3% so that she can invest in securities that yield 6-7% (preferreds, etc). The favourable dividend tax credit, and other tax credits (personal exemption, tuition etc) should keep her tax bill close to zero.
Would you suggest an etf, like CPD, or would you pick a basket of individual names like ENB, BCE, NPI prefs?
At this stage in the cycle, would you go Rate Rest or Perpetual?
Any website you can suggest that rates the various preferreds? The TD monthly Preferred Report is the only one I know of.
Thank you
I’m considering lending my 18-year old daughter some money at 3% so that she can invest in securities that yield 6-7% (preferreds, etc). The favourable dividend tax credit, and other tax credits (personal exemption, tuition etc) should keep her tax bill close to zero.
Would you suggest an etf, like CPD, or would you pick a basket of individual names like ENB, BCE, NPI prefs?
At this stage in the cycle, would you go Rate Rest or Perpetual?
Any website you can suggest that rates the various preferreds? The TD monthly Preferred Report is the only one I know of.
Thank you
Q: Hi Peter and team, If interest rates go up in US but down in Canada what is the likely impact on CPD. Also, in a broad market selloff of greater than 10% how strong is the correlation of CPD to the overall market. Thanks
Q: I owned COS from the IPO and was always happy with the yield. Now, of course, I own Suncor and am not happy with the yield. I am thinking of selling SU and buying a preferred share ETF, either ZPR or CPD or perhaps both, for the yield. What do you think? I am retired and living off dividend income.
Q: Please give me all necessary information to make a buy decision,and would you buy this GMP Preferred B? This was recommended by Jerome Hass on BNN today. I will also echo what others had said and kudos to Ryan M. for his appearance on BNN.
- iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
- BMO Laddered Preferred Share Index ETF (ZPR)
Q: What do you think of taking a position for a 5 yr hold in either of these? If you would take a position, which would you choose?
Thx, Carl
Thx, Carl
Q: Hi - regarding IBG deb pay out. I guess this is dilutive to SH?
Can you explain the mechanics of the conversion and impact to the company ? would you look at this as a good buying opp? thks
Can you explain the mechanics of the conversion and impact to the company ? would you look at this as a good buying opp? thks
Q: I have these prefs in my rrsp,they are down a lot,paying between 5.5 and 6.4%,would I be better off holding them and hope they recover or selling them and buying etfs such as cdp,zdv or cdz.Any suggestion you guys have would be greatly appreciated.
Q: G'Day! RBC GAM recently launched an actively-managed Canadian preferred share ETF. (Symbol RPF). Mgmt fee = 0.53% Do you see this as a suitable product for an over-65 income investor?
Additional comment about RPF is encouraged.
Thank you,
IslandJohn
Additional comment about RPF is encouraged.
Thank you,
IslandJohn
- BMO Canadian Dividend ETF (ZDV)
- BMO Equal Weight REITs Index ETF (ZRE)
- BMO Laddered Preferred Share Index ETF (ZPR)
Q: Your thoughts on a portfolio in a non registered account consisting simply of these 3 etf's (ZRE,ZPR,ZDV) to hold forever. Dividends received put into VIG.US, I'm 45 years old, I have no mortgage and no debts looking to borrow and bring my accounts to 100k for each of these 3 etf's totalling 300k, in retirement will use only dividends. (This would act as my deferred annuity but I get to keep my money) is my thinking clear?
Q: Hi !! It is me again. Would you consider it be time to invest in preferred shares again? If you would you recommend straight preferreds or floating rate? Could you also recommend some? Cheers, Tamara