Q: You have mentioned a few times that you are not a fan of PFIA’s higher fees. Is there an alternative Fund you would prefer?
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Investment Q&A
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- Picton Mahoney Fortified Income Alternative Fund (PFIA)
- Global X Cash Maximizer Corporate Class ETF (HSAV)
Q: For an income component, would you lean to a bond holding like PFIA at this point or more to a high interest account like HSAV?
Thanks
Thanks
- BMO High Yield US Corporate Bond Hedged to CAD Index ETF (ZHY)
- iShares Core Canadian Short Term Bond Index ETF (XSB)
- iShares Core Canadian Universe Bond Index ETF (XBB)
- iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
- Blackrock MuniYield Investment Quality Fund of Beneficial Interest (MFT)
- Picton Mahoney Fortified Income Alternative Fund (PFIA)
Q: In the present interest rate environment and going forward 6- 12 months, which ETF is preferable i.e. XHY, PFIA, MFT, ZHY, XSB,XBB OR PYF? Would you choose 1 or a combination?
Thanks for your service!
Thanks for your service!
- BMO Aggregate Bond Index ETF (ZAG)
- Global X Active Ultra-Short Term Investment Grade Bond ETF (HFR)
- CI Investment Grade Bond ETF (FIG)
- PIMCO Monthly Income Fund (Canada) (PMIF)
- Dynamic Premium Yield PLUS Fund Series F (DYN3361)
- Pender Corporate Bond Fund Class I (PGF550)
- Picton Mahoney Fortified Income Alternative Fund (PFIA)
- BMO Premium Yield ETF (ZPAY)
- Quadratic Interest Rate Volatility And Inflation Hedge ETF (IVOL)
- Fidelity Global Core Plus Bond ETF (FCGB.U)
Q: Please take as many credits as you need to.
I'm so tired of seeing my fixed income portion of my portfolio trickle away. What would you think about equal allocation to the following?
I'm not so concerned with costs if the holding doesn't degrade, but I still want some yield. Please pick it apart and make suggestions. Thanks!
HORIZONS ACTIVE ULTRA SHORT .HFR
RBC CDN DISC BD ETF .RCDB
KRANESHARES TRUST IVOL
PIMCO MONTHLY INCOME FD CDA .PMIF
PENDER CORPORATE BOND FUND .PGF550
FIDELITY GBL CORE PLUS BD .FCGB
BMO PREM YIELD ETF .ZPAY
PICTON MAHONEY FORTIFIED .PFIA
DYNAMIC PREMIUM .DYN3361
BMO AGGREGATE BOND .ZAG
FIRST ASSET INVESTMENT GRADE .FIG
I'm so tired of seeing my fixed income portion of my portfolio trickle away. What would you think about equal allocation to the following?
I'm not so concerned with costs if the holding doesn't degrade, but I still want some yield. Please pick it apart and make suggestions. Thanks!
HORIZONS ACTIVE ULTRA SHORT .HFR
RBC CDN DISC BD ETF .RCDB
KRANESHARES TRUST IVOL
PIMCO MONTHLY INCOME FD CDA .PMIF
PENDER CORPORATE BOND FUND .PGF550
FIDELITY GBL CORE PLUS BD .FCGB
BMO PREM YIELD ETF .ZPAY
PICTON MAHONEY FORTIFIED .PFIA
DYNAMIC PREMIUM .DYN3361
BMO AGGREGATE BOND .ZAG
FIRST ASSET INVESTMENT GRADE .FIG
- 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!
- Constellation Software Inc. Unsecured Subordinated Floating Rate Debentures Series 1 (CSU.DB)
- Picton Mahoney Fortified Income Alternative Fund (PFIA)
Q: Within a low fixed income component (10%), would half of that component in PFIA be too much? For the other half I’m thinking CSU.DB.
Thanks.
Thanks.
Q: hello 5i:
PFIA has a listed yield of 6.328% (TNX Money). The last distribution was .015. Using this figure, and an ETF price of 10.64, I come to a 1.69% yield. Can you advise where I'm erring?
thanks
Paul L
PFIA has a listed yield of 6.328% (TNX Money). The last distribution was .015. Using this figure, and an ETF price of 10.64, I come to a 1.69% yield. Can you advise where I'm erring?
thanks
Paul L
Q: Since the yield of this fund is way higher than normal fixed income products, and uses hedging to mitigate downside risk will this a strategy work in reducing real risk long term as the fund only has a one year history