Investment Q&A

Q: Hello 5i,
I'm considering swapping xiu for xqq inside my RRSP, would you consider at this time a good move, pros/cons I need to be aware of?
Thanks
f

Q: Harry asked an interesting question about investing in US Tech stocks and wanted an ETF. I did a 52-week comparison of the performance of the 4 mentioned Tech stocks with the ZQQ ETF. If my rough calculations are correct, one would have almost doubled their money with these 4 stocks compared to the putting the same money in ZQQ over the last 52 weeks. Past performance is no indication of the future, but I would like your thoughts on buying these 4 now versus the ETF. In my situation I would put 5% of my investments in these four and currently well diversified and a good chuck of fixed income (>30%). For me maybe okay (your thoughts please) but in general would this also apply to most investors. Please respond to my situation and the general situation if you can please. Thanks so much. Dan C.

Q: Hello 5i team. I am starting an investment accounts for my daughter who has started working. She & I are interested in, for her TFSA, co's such as Google, Apple, Microsoft and other tech consumer names. Is there a Cdn dollar ETF with distributions, that invests in this space. I am additionally considering ZWH & CDZ to round off as a starting base.

Q: Looking for some guidance on my US equity holdings. All of my US holdings are in the above ETFs in my RRSP accounts. The US portion represents 21% of my total investment portfolio. Generally I look for a balance between income and growth with dividends used to supplement my pension income. I have 9 years before I have to RIF.
I had held VGG and VUN until recently when, based on one of your answers to another persons question, I switched to ZSP as it has a slightly better return, lower MER and higher Tech weighting. Also more friendly tax structure. I also picked up ZUP at that time for more yield but might be ready to sacrifice that holding for one with more growth or simply add it to the other holdings to keep it simple.
Could I have your opinion on my holdings and any suggestions for improvements and why. I am looking for good overall diversification across the US market with a view to a balance between income and growth. Would like to keep my holdings in CAD.

Q: I'm looking to convert a RESP invested in mutual fund (chorus II agressive growth) to lower fees and menage it more actively. Kids are 5 and 2 years old.

I was thinking to diversify with 3 or 4 ETF for 70% of this portfolio. What are your thoughts about a combinaison of VFV, XIC, XIT, ZQQ and DXG for long term? Do you have better suggestions?

Althought, is investing in XIT and ZQQ and DXG a good idea on short term since tech valuation is already high at this moment compared to other sectors?

For the rest of portfolio (30%), i would go with stocks. What would be your top 4 on short term (next 6-12 months) and on long term?

Q: HI Peter and Team, Would you prefer ZQQ or TEC ( this will be regular made purchase for TFSA with 5 yr time frame). Not sure how currency impacts each of them.
Thanks

Q: Hello 5i: Thank you for holding our hands during this difficult time, it is much appreciated. I ask about the Mawer funds, in particular 104, 150, 102. I hold these funds in a RRIF and as all above purchase price I ask if you would keep these funds or are there vehicles that have more potential upside? Thank you Barb

Q: Is the only difference between these funds is one is hedged and the other non hedged.

Why do you prefer non hedged and if so what are the reasons?

And is the a BMO product similar to hxq?

Q: 1st question on ENB , I see lots of recommendations on ENB. I understand that this co. has mostly take or pay contracts (I am also aware of their investments in renewables etc.) however, it looks like there is a possibility of oil storage filling to capacity, if this does happen many pipelines will have basically slow to a trickle or even stop for a while, if this were to happen would this not give energy cos. stuck with take or pay an out as their contracts wouldn't be honored, it seems like a very risky situation to me for all the pipelines, what is your take on this?
2nd question would you endorse buying ZQQ for a 1 stop tech exposure ( I like the idea of being hedged) or would you prefer something else. I was also looking at the ARK etf's F W K ( tesla seems heavy in some of these) which of these would you prefer in combo with a ZQQ or instead of? dock as many as needed as I don't use many, lol. Thanks for your perspectives and all the work you do.
Tom

Q: Would you sell xuu etf and replace with zqq etf? Looks like zqq has outperformed xuu over the short and long term?

Q: Currently have ZQQ. Is there a more concentrated hedged ETF with just the FAANG stocks & a few others?

Q: Good morning, stay safe and keep up the good work.
My question is on hedged vs unhedged funds.
My son is 27 and his time horizon for any investment is long term.
Now that our Canadian dollar trades at an all time low against the USD, (last time we hit similar lows was in 2016/2017) and the chances that our CAD trades lower are relatively slim, wouldn't it be preferable to invest in a hedged fund version of the Nasdaq-100 indexed ETF. The reason being is that the return of an investment in a USD equity (when converted back to CAD) decreases in a strengthening CAD environment. On the flip side, in a weakening CAD environment, the same USD investment's return, when converted back to CAD, would be increased.
To recap: My assumption (might not be a valid one) is that our CAD can only increase in value against the USD. In this strengthening environment, isn't it better to purchase a hedged ETF ?

Q: Hi there, just a follow up to my previous question. You mentioned a good strategy to get back into the market was to buy a 5% tranche on a 5% dip in the QQQ. If purchasing in Canada in a registered account, would ZQQ/ZNQ be good choices? Also, would you be doing 50/50 ZQQ/ZNQ split? Thank you!

Q: I am looking to pair ETFs or stocks for growth and safety. What do you think about this idea and XMU [or ZLU] and ZUQ, for example. What portfolio percentage would you allocate to this strategy?

Q: What is your favourite Canadian listed etf for exposure to US technology?

Q: Good Morning,

Putting fresh 2020 TFSA contribution to work. Which would you buy? It appears they are the exact same except the hedging/unhedging? Thanks again

Q: Hi 5i experts,
I recently am watching the XLK that seems has the same holding company as ZQQ has but the risk is much lower than ZQQ. As a Canadian investor, should I keep XLK instead of ZQQ? which one has better return? and tax efficient?

Thanks,
Alice

Q: Hi there,

Just a follow up to my previous question, where do you see the USD going in 2020 against the CAD? In the answer you had provided to me, you had suggested VSP for S&P500 exposure (as opposed to VFV). Does this imply you see the CAD strengthening against the USD in 2020?

Thanks!

Q: Is there a TSX ETF that is basically FAANG stocks ? Thanks.

Q: Hi there, although predictions are kind of a guessing game, based on all your professional experience, do you foresee the SP500 and NASDAQ continuing to perform well in 2020? I am thinking of putting 10 percent of my portfolio in a SP500 etf and 10 percent in NASDAQ 100. I currently have no US exposure. What are your thoughts and which ETFs would you suggest for this play? Thank you and Happy Holidays!