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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: I think it was Susan who commented about not being able to find Cineplex's dividend history. I use dividendhistory.org when I'm looking to do research on dividend history. Its free and maybe it can help Susan and others. ( http://dividendhistory.org/payout/TSX/CGX/ )

Lastly, cryptokitties... for trading and as an alternative currency. Is this actually real life or am I living in my wife's dream where cats and kittens are revered above everything else?
http://www.bbc.com/news/technology-42237162

Thanks.

John
Read Answer Asked by john on December 07, 2017
Q: Hello Team: Season's Greetings
In my company DCPP Sunlife offers the following 3 funds among others but the following have had the best returns:
MFS Global Equity: Allocation U.S. 54.15%, Intl 44.64%, Cash 1.21%. which I am currently in.
TDAM Global Equity Index: Allocation U.S. 61.19% Intl 38.6% Cash .14% Other .07%
TDAM Intl Equity Index: Allocation .97% U.S., Intl 98.59%, Cash .03%.
I would like a little less U.S exposure than the 54-61 % which the first two have but to do that I go to 98% International. The 98% International exposure consists of 31.7% Eurozone, 24.3% Japan, 17.2 % U.K., 13.3 % Europe Ex-euro, and 7% Australasia, by region and by sector : 21.2 % Financial services, 13.5 % Industrials, 11.7% Cons Cycls, 11.2% Consumer defensive, 9.7% Healthcare.
All three funds have had 1 yr returns in the 18 -20% range.
What is your opinion regarding my selection of the TDAM Intl Equity fund with 98% International exposure going into 2018 or should I stay with a fund with ~60% U.S. exposure.
Thank You once again for your help
Clarence
Read Answer Asked by Clarence on December 07, 2017
Q: Good morning!
I have a large position in this mutual fund, about 8% of my portfolio! I have owned this for many years, since it was SDT.UN. My adjusted cost base is probably close to zero due to ROC distributions. I could use some past losses to sell up to 25% of my position...the question is, do you like this fund, should I hold, sell, or ? Thanks very much!
Peter
Read Answer Asked by Peter on December 07, 2017
Q: I am concerned that I have too many interest sensitive investments in what looks to be a rising rate environment. I am a recent retiree with a need for income. I would appreciate your views on my sector weightings:
15% Reits
11% Financials
11% Information Technology
10% Utilities
6% Pipelines & Energy Infrastructure
5% Telecom
4% Industrials
2% Consumer Discretionary
2% Healthcare
1% Consumer Staples
1% Materials
18% Bonds
8% GICs
6% Cash

Your service is amazing and I really appreciate the new website.

Thanks,
Read Answer Asked by Hans on December 07, 2017
Q: Hi All at 5i!! I am a little confused about bitcoin. What exactly is it? How goes it reach such astronomical heights in value considering it seems to have no real value or does it? I have read articles but I am still not clear. Could you please explain, in a nutshell, how it can be applied to our daily financial lives (ie how you use it) and how it gets its value? Cheers, Tamara
Read Answer Asked by Tamara on December 07, 2017
Q: Just a comment in reference to Steve's question on December 4th.
One mutual fund that might be comparable to MAW104 is Manulife monthly high income fund managed by Alan Wick. Often rated above MAW in Moneysense's annual ratings. I know a financial advisor who recommends this fund as his 'little old lady' fund, stable and reliable. Do you have an opinion on this fund?
Read Answer Asked by Peter on December 06, 2017
Q: I am about to manage my grandkids resp. They have about 52000 to eventually cover the 10 and 6 year old. Monthly contributions of 300 are being made with some "top ups" as available. I would like to have them invest about 20-25% in individual stock or stocks and the balance in ETFS. How should I approach the ETF portion and do you have recommendations?
Bryan
Read Answer Asked by Bryan on December 06, 2017
Q: I wish to reposition some of my energy producers in my portfolio. With strengthening commodity prices can you you please identify,in order,5 Canadian producers you would hold for future appreciation. My preference is that they pay a dividend but if you think price appreciation would exceed current dividend yield, then please include.
If not considering dividends, what are your top 5.
Read Answer Asked by Peter on December 06, 2017
Q: Just a comment about the 'dot-com bubble' worry, if I may. I remember that there was a legitimate craze happening at that time. Any company that had a .com at the end of its name took off to astronomical prices based on nothing - no revenue, no customers, no book value. The tech companies we're talking about now are real, and it looks to me like they're riding a secular wave of demand for computing power related to real growth areas like AI, data centers, machine learning, virtual reality, and cloud computing. Granted, this won't last forever, and it's an open question as to how long they can grow at current rates, but at least you're not investing in thin air like the crowd was doing back in the 00's.
Read Answer Asked by Rick on December 05, 2017
Q: Good Morning
My question is about which preferred shares can be classified as being part of a FIXED INCOME component of a portfolio.

1. Would you classify the rate reset preferreds as part of a fixed income portfolio?
2. Would you classify also the perpetual preferred shares as part of a fixed income portfolio?
3. Would you classify only the investment grade preferred shares as part of a fixed income portfolio (e.g banks and insurance companies) ?

Some analysts include only rate resets and not perpetuals as part of Fixed Income. Yet others only the investment grade preferreds as part of fixed income.

What is your opinion?
Read Answer Asked by Terry on December 05, 2017