Q: Curious what your thoughts are on PYF for some income? Also, how is it taxed in a registered account? How are ROC and option income taxed?
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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.
- BMO High Yield US Corporate Bond Hedged to CAD Index ETF (ZHY)
- iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
- Purpose Premium Yield Fund (PYF)
- Mackenzie Floating Rate Income ETF (MFT)
- Picton Mahoney Fortified Income Alternative Fund (PFIA)
Q: In a flat or a rising interest rate environment which ETF is preferable i.e XHY, PFIA, MFT, ZHY OR PYF?
Thanks for your service!
Thanks for your service!
Q: Can I please get your opinion of this ETF. Thanks
Dave
Dave
- Global X Active Ultra-Short Term Investment Grade Bond ETF (HFR)
- iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
- Purpose High Interest Savings Fund (PSA)
- Purpose Premium Yield Fund (PYF)
- PIMCO Monthly Income Fund (Canada) (PMIF)
- Mackenzie Floating Rate Income ETF (MFT)
Q: I would like to park some cash, with the eventual purchase of a residence and am interested in more than GIC's and I understand that this will entail more risk, though less than equity risk. What do you think of MFT, XHY, PYF, PSA, HFR and PMIF and would you split them in equal percentages?
Thanks for your service
Thanks for your service
- Purpose High Interest Savings Fund (PSA)
- Purpose Premium Yield Fund (PYF)
- Vanguard Conservative ETF Portfolio (VCNS)
- Vanguard Conservative Income ETF Portfolio (VCIP)
Q: Hi
I am slowly selling into the rallies and consolidating my portfolio.
Of the two VCIP/VCNS which is safer to hold for 1 to 2 years.
Or should I simply put the money in a Hi Savings a/c or in an ETF like PYF/PSA. I won't need the money to survive for 1 to 2 years. But will need it to "wade into the market" as per your suggestions. Is PYF bit too fancy a place to park? One of the gentleman on BNN mentioned this product recently. I wasn't even aware of this product!
Thanks in advance.
I am slowly selling into the rallies and consolidating my portfolio.
Of the two VCIP/VCNS which is safer to hold for 1 to 2 years.
Or should I simply put the money in a Hi Savings a/c or in an ETF like PYF/PSA. I won't need the money to survive for 1 to 2 years. But will need it to "wade into the market" as per your suggestions. Is PYF bit too fancy a place to park? One of the gentleman on BNN mentioned this product recently. I wasn't even aware of this product!
Thanks in advance.
- Global X Active Ultra-Short Term Investment Grade Bond ETF (HFR)
- Global X Canadian Select Universe Bond Index Corporate Class ETF (HBB)
- Global X US 7-10 Year Treasury Bond Index Corporate Class ETF (HTB)
- Purpose Premium Yield Fund (PYF)
- Mackenzie Floating Rate Income ETF (MFT)
Q: I am setting up a fixed income portfolio for 5 -10 years with little need for income. HISA @ 15%, HTB @ 5%, HBB @ 5%, PYF @ 5%, HFR @ 20%, MFT @ 50%. I would increase the Horizon's ETF percentages, but liquidity is low. Would you please comment on this set up. Thanks for your service.
Q: What is your opinion of PYF as a reliable source of income?
Q: Not too happy with the price fall of CLF. Would you consider switching to PYF a decent move....just looking for some relative safety and yield over the next 3 to six months. Thanks.
- BMO Covered Call Canadian Banks ETF (ZWB)
- BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (ZWA)
- Purpose Premium Yield Fund (PYF)
Q: You recently answered a question on these... would the distribution be income or dividends? Would any be okay in a tfsa or better in an rrsp or non-registered?
- BMO Covered Call Canadian Banks ETF (ZWB)
- BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (ZWA)
- Purpose Premium Yield Fund (PYF)
Q: Do you have a preference between these funds as a income generator and can you rank them from best to worst? Thank you!
Q: I stumbled across this ETF (PYF) by accident. What are the drawbacks with this one. It has a 52 week low/hi of 19.42/20.52 with a yield of 7.1%. It looks like a nice place to park some cash for a season but what is the downside (there is always a downside and usually a big one)? Thanks for doing a great job.
Q: Can you please comment on the pros and cons of using a put write strategy to generate income, as these 2 funds do?
Thanks
Thanks