Investment Q&A

Q: I intend to diversify away a bit from the Brookfield family as I already have BEP.UN and BIP.UN.

Within my RRSP I intend to sell BYP.UN and am interested in buying AW.UN. It appears that A & W's debt is under control. Dividend growth appears to lack a bit of consistency though.

How good is their management?
Would you expect about 7 or 8% total return going forward?
Morningstar Fair Value is about $35. Would you agree?
Would a 5% position be too much for this type of stock if we were to go into a recession?
Do you have any concerns over the 20% drop from its highs?

Thanks.

Q: I hold the above equities. I have additional funds to allocate. Your suggestions please. Take this opportunity to thank Peter for a great job, very reliable.
I would not want to add to my positions in ECN.PR.A , ENB, PNG ,& LSPD because of weighting’s and/or risk.

Q: I need to increase my Cons Disc and my Real Estate allocations. I currently hold GC and DRA.UN. Do you have any other suggestions of a Balanced Equity nature for each sector. Risk is not a concern.

Thank You for your great service
Clarence

Q: I would like to have a good REIT stock. Would you recommend buying BPY? Or do you prefer other REIT stocks?
I read the company did some buy backs last quarter. Do you see the stock bouncing back in 2020?

Thank you

Q: Hi Guys
I hold BPY.Un amongst a few other Brookfield entities including Bam.a. I was thinking of adding more to BPY.UN and just have a question about it's book value. I know the company is never going to be sold but just kind of wondering what is realistic for book value for BPY.UN and what your screens show. When I look up book value it changes considerably from source to source and I think that might be in part because it has US and CDN listed shares. For example Scotia iTrade pegs the Price to Book at .6. So from your sources what would you say the book value is, in either CDN or US dollars - whatever is easiest for you? Also is there any kind of catalyst you can think of that would move the stock price closer to book value?

Thanks so much Stuart

Q: Is there any substance to rumors of conversion to corporations? issuing 'free' shares?

Q: Hello,

I would appreciate your analysis of Brookfield Property Partners earnings announcement. I see that they have raised the quarterly dividend but by only a very MARGINAL amount. Dividend increases in each of the preceding 5 years averaged over 5% but this increase is less than 1%. Might that imply that management may be worried about the sustainability of the current dividend?

Q: Hi
Are there any tax rules that would apply to distributions from this company if held in a tfsa or cash account
Thanks Terry

Q: Any thoughts on why the recent surge of trading volume at BPY? Where does such a volume increase come from? Why now?

Thanks

Q: Could you please tell me the difference in these choices? Are all dividends paid by all the Brookfield entities in US dollars. Thanks so much.

Q: I am interested in buy some shares of Brookfield Properties or Brookfield Asset Management. What are you thoughts on the various Brookfield companies. Thanks.

Q: Hello 5i Team,
I currently hold throughout my accounts BAM.A, BBU.UN and BPY.UN. I like what recent investments made with BIP.UN. Would you consider a switch of one of my existing holdings and/or am I over exposed to Brookfield as whole?
I have a Long term Time Horizon.
Thank you

Q: Your thoughts on the above at these prices. Do you think efx has good upside with nautural gas given the nod for 2020 and going forward?

Q: I did a screen on "undervalued" companies with growing dividends. My aim is income and dividend growth. Possibly a DRIP if available. Which 2 companies would you choose and why?

Q: Hello 5i, I have a small position in the above listed stocks. I am down about 10%. Would you suggest that I keep them or take my losses and move on.? I appreciate your comments.
Carlo

Q: I had been considering a purchase of BPY.un, but upon looking at their 2018 taxable income calculation, I see that while the full-year distribution was Cdn$ 1.64155, the total tax allocation to be reported was $2.47504. I'm interested in achieving less taxable income, not more. So, scrolling further down, there was another table for 2018 Canadian taxable income for a fund called Brookfield Office Properties Exchange L.P. , with the same full-year distribution, but entirely return of capital. However, I cannot find any information on this particular fund, so I'm hoping you can help out.

Q: Comparing Brookfield Properties to Fortis without including dividends except when considering overall growth potential which would you prefer for a two to five year hold?
Thanks

Q: For income and low volatility, which of these two would be preferred?

Q: I own 3 banks: CM:CA, BMO:CA and BNS:CA. I am thinking of selling CM:CA and split the proceeds to buy 2 Brookfield positions. What would you recommend between BIP.UN, BPY.UN, BIP.UN? Thank you

Q: In your response to Garry this morning you stated "In real estate, it (BPY.UN) and TCN would be our main Canadian choices." Are these currently your top choices in REITs overall, or only in context of Garry's question?