Investment Q&A

Q: Hi Peter,

I had asked a couple of questions the other day but got a reply to just one of them so I will ask again.
For the US, I own two ETFs; ZSP (8%) and FTEC (8%). I have USD to add another 20% to the US part of my portfolio and would like 7-8 names to add on the current market weakness/rotation. I would appreciate if you could recommend a few stocks for growth 5-10 years at least, don't need dividends, medium to high risk. These names would be in my RRSP and margin account and buyable at current prices.
Thanks in advance.
Kevin

Q: Hello, this is a CDN-listed ETF, is there any tax issues (WHT) having it in a TFSA? It gives large-cap exposure to the US market, and non-hedged. Can ZSP be considered solid enough to be a core holding in a person's ETF basket?

Q: Thanks for your previous response confirming these etfs cover major asset classes and geographies for an RSP with 5 years to retirement. Could you please suggest a couple of etf alternatives that could be added to provide a little more torque with a 5 year timeframe. A brief explanation for each would be appreciated. Thanks.

Q: hi, What yours thoughts for those Fund for 2/3% portfolio?
is it to expensive?
thanks jean guy.

Q: A few questions re best index ETFs for safety, total return and tax efficiency:
(1) S&P/TSX 60 (unregistered account): Is XIU, XIC or another ETF better?
(2) S&P 500 (RRSP/TFSA): What CAN listed ETF is best for long hold: ZSP, XSP or other ETF? If held in an RRSP (ie US dividend tax except), can you recommend the best US listed ETF for the S&P 500?
(3) NASDAQ 100 (RRSP/TFSA): What CAN listed ETF is best: ZNQ, ZQQ or another ETF? Is QQQ the best US listed?
(4) Ex-North America index (RRSP): Can you list the best CAN listed ETF index fund? Would you stick with large caps or all? XEF? VIU?
(5) Emerging market index ETFs (RRSP): ZEM, VEE or other?
(6) MISC: Has HXT, HXS and HXQ permanently resolved gov't issues and are these ETFs safe for long term hold?
Thank you!!

Q: First a big thank you for the terrific returns we received in 2020 thanks to your stellar guidance (our largest holdings we first discovered through 5i -hello LSPD,XBC and WELL!). We gifted our kids memberships in December and praise your service to everyone. This is truly an invaluable service.
Now to the question, my brother is tired of paying high fees for his CIBC pension holdings. When I looked into this for him last year, some pools had MER in the 2% range! He’s moved the following into cash and is looking for lower fee/higher return alternatives in the following areas of his pension account:
-Imperial Canadian Dividend Income Pool
-Imperial Canadian Equity High Income Pool
-Imperial US Equity Pool
-Imperial International Equity Pool
-Imperial Short Term Bond Pool
-Imperial Long Term Bond Pool
Please charge as many questions as required.

Q: I currently have ZSP AND XAW and wanted to know if adding XEF would be a good fit with the other 2 ETF?

Thanks

Q: I currently own ZEM AND ZSP. Is adding XAW good? If one is going to buy US stocks most likely us tech stocks would one need to buy the ETF XQQ?
Thanks

Q: With BAM's takeover of BPY I will have some cash in my RRSP to invest. I want to add to my position in the US market. I currently hold the above ETFs in my RRSP in fairly equal weightings and represents a total of 20% of my total investible assest. The cash from BPY would represent a half position relative to my other US holdings. I do not need to RRIF for another 8 years.
2 questions:
1. Can you recommend another ETF for the US market in CAD that might supplement my current holdings or simply add proportionally to my existing holdings.
2. I am a bit concerned about the S&P 500 and the recent addition of Tesla which is at a stratospheric valuation in addition to the FANG stocks which are also at high valuations. (I also have a position in FANG with ZQQ). Would a switch to EQL or similar ETF provide a better balance and take advantage of a more broad market recovery in 2021.
Thanks.

Q: If I wanted to add a single ETF for each of the following what would be your suggested ETF: S&P 500, TSX 60 and Dow 30?

Thanks and Merry Christmas!

Q: I am helping my niece set up with ETF. She is holding the below funds right now. Can you please advise their fees and which ETF would you suggest replacing them with? Is there a site where you can check the mutual fund fees and performance?

PH&N LifeTime 2045 Fund
RBC Canadian Equity Fund
RBC Balanced Fund
BLK Balanced Index
Capital Global Equity
BLK US Equity Index

Thanks for your help
Hector

Q: Good day!

I've noticed a trend with respect to your recommendations for RESP ETF holdings with a longer timeframe (10-15yrs). You seem to like VGRO +/- IWO. I'm looking for growth and can tolerate risk. Currency doesn't matter.

VGRO has a 19.9% weighing of bond ETF's and the rest are a combination of other vanguard ETF's. In looking at performance since its inception, it lags behind IWO which often lags behind the S&P 500 ETFs. From a non-expert viewpoint it would seem that a combination of large and mid cap US/CAN ETF's would achieve similar purpose and improve returns by eliminating the bond component.

1. What am I missing re VGRO? is it that the bond component satisfies the usual 80/20 combination as an all-in-one and is simply easy?

2. If you were to improve the 'all-in-one' VGRO using a combination of ETF's, which US/CAN growth/index ETF's would you assemble to eliminate the bond component? Perhaps a combination of XIC, VFV/ZSP/VOO, VTI, VUG, ZQQ or others you think work better?

3. Out of the S&P 500 ETF's, do you have a preference between ZSP or VFV? Is there an advantage to holding the US listed SPY, IVV or VOO vs the Canadian-listed? and if so, which do you prefer?

4. If you were to devote 25% of the RESP to high potential equities, which would you choose?

Thanks!

Q: Good day
If I wanted to purchase ETFs instead of Mawer funds what would be the equivalent ETFs in Canada or the US
Thanks

Q: Hello,
It is OK to have QQQ, VOO and VIG in TFSA accounts ? If not, are there any equivalent Canadian ETFs that are focused on US stocks like them ? Thank you very much.

Q: Hello
Can you please tell me whether the above noted ETFs are included as part of the $ 100,000 limit imposed by the CRA for reporting foreign assets?
Thank you

Q: I have 4 questions:

1. I have not diversified my assets outside the TSX and would like to do so. Between a TFSA, an RRSP, and non-registered account, which is best to purchase US stocks (for tax purposes)?

2. If I wanted to buy an ETF on the TSX for US exposure, what would be a good one?

3. If I wanted to buy an ETF (also on the TSX) for exposure to emerging markets, what would be a good one?

4. Would you buy an emerging markets ETF in your TFSA, RRSP, or non-registered account?

Thank you for answering my questions. The information you provide is very valuable.

Best wishes,
Terri

Q: would it be okay to own ZQQ and ZSP or do you feel there is too much overlap between the 2 ETF ? If so which ETF would you preferred to own?

Thanks

Q: I am well past retirement and trying to consolidate my stock holdings into ETFs. I. may not last long enough to complete this transition, but I'm moving in that direction! My latest thought on this is to divide my Canadian equity between ZLB and CDZ the first for stability, the 2nd for dividends, and for US equity ZSP. I'm staying away from other International stocks at this stage. Does this seem reasonable?

thanks

Q: Hey 5i team!

RESP 10-15 yr hold.
Current HXQ, ZSP, XIT, XIC. ZRE.
BAM.A, CAE, BPY.UN.
ETF's are core holdings in that order been riding the recovery. BAM looking longterm. BPY.UN AND CAE are recovery plays. Bonds not needed until later on. Intl and emerging is looking to be terrible for a year or so. Possibly adding IWO.

What would be your major changes and or additions to this grouping? What would you recommend? With a shorter timeframe then some we need some solid and secure growth plays.

Thank you. Looking forward to your reply.

Q: My son has asked my advice on how best to invest ~$13K he holds in GICs in registered accounts. He has a very young family and wants to begin investing on the right foot with this initial investment while adding to it over time, funds permitting. My personal investing approach has been to invest in high quality, primarily Canadian, dividend paying equities but for him, just starting out and with many investing years ahead of him, EFTs seem a far more appropriate and safer choice.

Would you consider 60% CDZ and 40% ZDY a good suggestion for him or would you recommend other EFTs that better track the indexes like XIU and ZSP? Do you consider just two EFTs sufficient diversification until his portfolio grows larger? What about the percentage Canada/U.S. split? Does 60/40 seem OK? Many thanks for your thoughts on the matter.