Investment Q&A

Q: Hello 5i team,
I've held a good number of stocks you hold in your BE portfolio and I've managed to obtain a 14% compound annual total return in the last 11 years.
100% of my portfolio is in equities; I'll be shortly 77 years old and plan to reduce my equity exposure to 30%, with the above stocks in mind.
Your opinion is most valuable
Antoine

Q: I want to buy Brookfield stock, please help me to make my choices and
grade them by order suggesting best choice first .
andrew.

Q: Hello peter, At this time, which would you prefer from total return perspective.
BIP - 1 year high and yield 3.9%
BEP - 1 year high and pay 3.8%
BPY - towards 1 year low and pay 7.2%
Are you concerned with low dividend growth at BPY.
Thanks

Q: Utilities seem to go parabolic since December 2018 with no sign of slowing down. Since interest rates seem to remain low for a foreseeable future, is this a new secular trend emerging from improved interest in green energy. ZUT in particular includes many renewable power generator companies. So I basically have 2 questions: If this is a new secular trend should one increase their utility allocation ? 2: Is there still life for oil and gas companies ?

Q: Hello. I think my queries submitted have gone AWOL! May I have your comments on earning please

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

Q: Hi, what are the earnings expectations for BIP.UN?

Thanks!

Q: I own way too much of BIP.UN { 22.4% } and will be trimming when I get my free shares. And have a position in BEP.UN which has risen to a 6.3% position which I am okay with size wise. Even though these are two huge winners for me I always look at it as " Would I buy them now ? " .... Not sure that I would. Mr Market seems to be in love with the name Brookfield right now and the forward PE on BEP.UN is 298 { Source Yahoo Finance } which seems astronomical for a utility. And though I cannot find one for BIP.UN the trailing PE is 377. { If you have a forward PE I'd like to know what it is ? } ...I realize there is more to evaluating a company than the PE but I am thinking these two are expensive......Plus I kind of view them in the blue chip category not the wild growth spectrum.......What is your opinion on the fair valuation of these two companies versus " Investors have gone gaga for the name Brookfield right now " ?

Q: With gains over the past year, I'm overweight in these holdings - BAM 7%, BEP 12%, BIP 8%. I'm not uncomfortable with BAM and BIP but BEP is high.
Do you think there is more short-term upside in either BEP or BIP due to the addition of corporate structures?
What overall weighting would you recommend for these 3 companies and do you have a preference for any - these would be long-term holdings (8-10 years) in an income focused portfolio?
If trimming is recommended, what are your top 3 recommendations for reliable and growing dividend paying stocks, sector not being an issue?
Thank you
Ian

Q: Do you know when BIP.UN approx. date is for the split and also approx. date for the TSGI takeover?

thanks,
Paul

Q: Hi everyone,
Since BEP, BIP are based in Bermuda and declare foreign income, is there any witholding tax in a RRSP on the income received from their stocks or preferred shares? You mentioned this link before: https://bep.brookfield.com/stock-and-distribution/tax-information , but it does not mention RRSP specifically. Same question for TFSA …

Will it change with the creation of BEP & BIP canadian corp.?
Thanks

Q: I own enbridge and have done well on it. I struggle to hold it as psychologically long term we are moving away from fossil fuels and have been thinking of going into BIP. So ENB will have to move away from their reliance on FF transportation and into other projects. What are your thoughts on this longer term theory. Do you think shorter term, say 5 - 10 years, this theory is irrelevant?
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: For my TFSA I am considering CCL.b or BIP.un. Which would you recommend?

thanks

Kim

Q: Hi, I just have a question about holding CAD listed stocks that currently pay dividends in CAD$. If the stocks are also US listed, how do I go about getting the dividends in US$ if I wanted to?? Do I need to ask my broker to convert the cad stock to the US equivalent? In that case, would they just convert it at the current FX rate and would I get them to journal it over? Would I use norbert gambit to do this possibly to save on FX conversion? Any advice would be great!

Thanks!
Keith

Q: Hi, Brookfield Infrastructure announced this $2.4 billion purchase of Bell Cincinnati by offering Bell shareholders Cash, but I am not sure if there was a mention of how company intends to finance the deal. They also indicated Brookfield's intention to invest $ 1 billion for Cicinnati Bell's infrastructure development. Any ideas, if company will use its cash resources or an equity financing may be in the cards and if so the time frame. I was wondering, if recent decline in unit prices from $70 to $63.65 had something to do with this. Thanks

Q: Bip.un has been on a bit of freefall the last month-could you comment ?

Q: Bgi recently announced a change to the fund manager. Is this a good or indifferent change? Also, the fund has done quite well recently is there a reason such as recent buy back of shares or us this increase sustainable. Along with Bgi I also own Bip.un In the same riff account ( as a result of the Enercare takeout) I wonder if I should own both or is there an overlap?

Q: I have small postion in bip.un is better buy now or wait until it changes to bipc

Q: Hi, I have tripled my money in WSP and was now thinking of selling it and buying BIP.UN to bump up the dividend bit. I already own BEP.UN and have no plans to sell it. Your thoughts please.

Happy Holidays.