Investment Q&A

Q: Hello 5i team,
I would like to purchase a few REITS through my RRSP account since I currently have non. I was thinking of purchasing one of the listed REITs that you suggested in a previous question and maybe an ETF (if they exist).

Of the REITs (CSH, HR, CAR) which one has the best dividend/growth? I figured a REIT that goes across the country would be the best.

Also do REIT ETFs exist? If so are there some that possible cover commercial properties only?

Thank you,
Andrew

Q: Can you provide comments on today's results. Markets don't seem very happy. Is it an overreaction to the Q3 results or is it more tied to the news about HCP divesting of properties Brookdale has under lease ?

Q: Hi 5i team :
Have your opinion about TCN changed ?. It has been dropping sharply recently, and I could not find any news. On Nov 9 they will release their quarterly results. Are investors anticipating lower earnings ??.

thanks !!
PD. I Read your Oct 26 response for another question on this stock

Q: Hi,

I am a income investor so looking for dividends. My portfolio currently contains banks, pipelines, utilities, and telco's. I am thinking I should add some real estate to my portfolio and i was looking at MST.UN and/or CUF.UN-T. What are your thoughts on these two company's? Are there other real estate investment trusts you prefer?

Thanks,
Eileen

Q: Good morning Peter and Team,

In our accounts (Margin, RRIF, RRSP, and two TFSAs), we have no health care stocks or ETFs per se, but we do have a 1.8% position in Chartwell. In my sector breakdown, I classified Chartwell as "Real Estate", and notice that in your answers to other 5i members, you refer to Chartwell as a health care stock. Would I be correct in re-classifying CSH.UN as health care? If I wish to further reduce my overweight real estate holdings which contain AP.UN, CIG, CSH.UN, FCR, FSV, and TCN, would there be any that I should "let go" or reduce? What "additional" health care stock or ETF would you recommend at this time, using the cash that the sale/reduction of the above stocks would provide? Please feel free to deduct as many credits as this lengthy question entails, and thanks for the great help your service provides.

Q: I've been considering CAR.UN. While the drop in recent days might be seen as "good" for me, in lowering my cost, given that my three most recent purchases (DH, KBL and IWO) have all been immediate losers, I thought I'd better ask you first: do you see anything to explain the recent drop with CAR.UN; and do you think this is a good time to start a position? (As CAR's recent performance is not materially different from XRE, perhaps it's more of a concern with REITs generally at this time?

Q: May I please have your assessment of the results if First National
Thank you very much

Q: Could you please explain to me why this stock has underperformed companies such as mst.un and ruf.un, are they not in more or less the same real estate business, and when interest rates go up, will it hurt these stocks to any degree?

Q: I own TCN in an RRSP account and have been waiting for the TSX classification to change from financial services to the new real estate ID. So far, as per the tmxmoney.com site, this hasn't happened. Any idea when the change will become effective?
Thank you and kind regards,
G

Q: I have questions about the recent acquisition and stock offering for Milestone, one of my largest holdings.

1. They did not mention whether the acquisition is accretive - is it accretive?
2. Why would they sell about 185 M worth of stock for a 242M property, especially since they are also disposing of another property?
3. They say the NAV of properties will increase by a net amount of about 300 M, yet the cost of the property is 242M (and recall that this includes a disposition of one property) - isn't it a bit hard to b believe that they got a 300 M property for 242M? Is this possible? Or are they playing with the numbers?

Q: As a retired investor, I hold positions in both company for the income. I am concerned with the U.S. Feds possible rate increase in December and the BOC's statement that they seriously discussed lowering interest rates and their effects on the share price of these stocks as capital preservation is paramount to me.
Your opinion on this would be greatly appreciated as to a hold or sell.
Thank you, Peter and Team

Q: With Brexit on the horizon, can Dream Global take advantage of companies leaving Britain and perhaps relocating to Germany?

Thanks

Q: In my income portfolio, I currently have these 3 REITS invested. I have some additional funds now to invest, which of the 3 do you think is currently the best to add to for long term investment?

Q: H&R real estate investment trust calls itself an "open-ended" trust compared to others that call themselves a "close-ended" trust.
Is the internal structure of H&R more like a mutual fund? Should it be a concern?
Which of these three do you prefer for a long-term hold, as the only REIT in a portfolio. Thanks for your help.

Q: Hello; You have spoken favorably about SIA in previous commentary; My concern is about valuation and its vulnerability in an increasing rate environment. Can you comment about SIA's stock price relative to operational cash flow. I suspect it is in the 15 to 20 range which seems very high. Thanks for your great service.

Q: I am a little confused by your answer to Richard's question yesterday about HCG. On the one hand, you still consider HCG a good long term investment, while on the other hand, you said that you took it out of the Balanced Portfolio on short term prospects. I had thought that your advice was based on long term investing, not short term trading. I would appreciate your clarification.

Thanks,

Q: wsp and northview apartments
appreciate your short and long term outlook for these companies!

Q: I just sold about $5,000.00 in stocks inside my TFSA, with a little profit of $500.00 over the period of 8 months. I did it so I can add it to my self directed RRSP account to lower my taxes this year. In my RRSP I own approx 20% oil,15% financial, 10% utilities, 10% auto, 5% marijuana and the rest is in CDZ. I want to diversify this portfolio. It accounts for 75% of my investments. I am considering a REIT and some technology. What do you recommend?

Q: Could you give me an opinion on CT REIT

Thanks,

Peter

Q: What is your assessment of SOT.UN's late afternoon announcement regarding the lease extension with Medavie? Will it have a material impact on the company's earnings, cash flow and its monthly payouts?

Thanks for your help.