Investment Q&A

Q: I bought SLF a few years ago expecting to benefit from increasing interest rates. SLF has been a stellar performer despite the trend of lower interest rates this past year, especially at the longer end of the curve.
I’m certainly not complaining but am a little confused by the strong performance in a weakened rate environment.
Could you shed some light on the reason for their outperformance and prospects going forward. (I’m thinking of taking some profits)

Q: Hey guys,

The grandbabies are 5 yrs, 3 yrs and 6 months, a long time before university. We have SIS, GUD & SLF in their resp, like to add another name or two, please advised.
Thanks,
Jim
(CSU, SHOP, OTEX, BAM.A, BYD.UN, ATD.B, PKI, COST, NVDA are already at 5% levels)

Q: Much like KL's acquisition of Detour Gold, it doesn't seem that investors like Sun Life's arrangement with its subsidiary, Sun Life Vietnam Insurance and Tien Phong Commercial Bank (TPBank) which have formed a 15-year bancassurance partnership in Vietnam .
The agreement combines TPBank's distribution network with Sun Life Vietnam's market-leading life insurance products, giving 2.5 million TPBank customers access to a comprehensive range of innovative insurance solutions.

May I have your thoughts on the share price drop? Short term? Perhaps a switch to MFC is in order.

Thank you

Q: Hello interesting article concerning Value stock investing , i'm 75 and basically follow 5i income portfolio with the addition of some U.S. stocks in area not properly covered by the TSX due to the size.There is any stocks in your 3 portfolios (growth?)that can be define as Value wich i could consider adding to my TSFA .
As always Thank You
Daniel

Q: Hello Peter,
I thought with interest rates heading lower, insurance companies do not do as well. However, both sunlife and manulife seem to be slowly creeping up. Any ideas why ? Thanks again for the great service.

Q: Hi
I hold all these stocks in a non registered account, to take advantage of their dripping and tax advantages. I have the $ to buy another holding. What top 3 companies do you suggest to add to this mix for a long term hold, my goal is the highest dividend possible, with as little risk as possible. Also, do you have any issues with the compaies already held? I also have other growthier holdings in my tfsa as well as etfs for US and International exposure in my RRSP.
thank you
Michele

Q: Mid 70s couple with our largest (8%) holding SLF. With current trend of lower interest rates would you advise to move on to better options or trim profits. We need to increase our dividends to balance our rrif withdrawals.
Please suggest better options for future total returns. Thanks

Q: Hello,

The family RESP is composed of 15% VGG and 15% XQQ with the balance spread roughly evenly over the remaining stocks listed above. I would appreciate your suggestion for an additional position. The oldest child is 8 years away from post secondary.

Thank-you.

Q: I notice that both companies have only a few directors that own minimal shares in the company. Generally speaking, is this significant in terms of due diligence prior to buying a stock? How would you interpret this?

Q: Hello 5i,

I currently hold these stocks in an unregistered account. I have journaled over the five companies into a US account for the dividend. I would like to add possibly two more companies that pay their dividend in US funds. I have the rest of the balanced fund and some growth in my TFSA. Any suggestions to add here, and if it results in duplication, what would you remove from the list. I am well balanced and would likely have to sell at least one current stock and could just add the other if you can give me two. Was looking at Nutrien or AQN. Didn’t pull the trigger on AQN last year at 12.5.

Thanks for the assist.

Q: Greetings 5i

I have made a tidy profit in CCL.B over the past few years and I now realize I let it grow too large in my cash account. Recently, of course, CCL has been sliding down. My holding in it now amounts to 5.2% of my total Canadian cash account. Conversely, I have SLF that has being doing well but now stands at 7.4% which I realize is too high.

What weighting should I aim for with both SLF and CCL in a cash account that I am working on getting into proper focus and balance?

Two questions.Please deduct appropriate credits.

Thanks

Peter

Q: Hi team
despite the low interest rate which is negative to the life Co; SLF has reached 52 weeks high, very strong technical

what would you think is the fundamental reasons for the 52 weeks high (outside technical) ? is it prudent to take some profits
in case there is a pull back ?

many thanks

Michael

Q: Hi 5i,
Hold the above companies in my TFSA ($30,000). % holdings around 10% for each, except CAE, OSS TRI, AD which are 3% - 5%.

Looking to deploy $5,000. Looking at d-un, dir-un, Telus & Fortis.

Safety and Income preferred, as in mid 60's. I would certainly welcome any other suggestions.

Thank You.


Larry

Q: Can you provide 2 or 3 top picks at the moment for Canadian dividend stocks?

Q: Hi Peter and 5i team,
The impact of low interest rates is most acute in the life insurance industry. We have shares of Sun Life which has done well this past year. Would it not be prudent to sell now and lock in profits? What about switching to a consumer staple stock? What is your favourite in this sector for growth?
Thank you for your opinion.

Q: Hi, would like to lighten up or sell two of these companies to raise cash. Which of these do you least like? I like dividends and good management ,but not fond of debt, as they always get hit harder in any down turn.
Thanks for your advise

Q: With interest rates moving lower why do you still remain so positive on SLF? Why is the stock superior to GWO?

Q: Hi,

I am looking to reduce my exposure to financials across my family's portfolio, from 23% to 13%. Sunlife (3.03%), Royal Bank (3.41%) and TD Bank (5.55%) comprise our most significant holdings, all of which we have held for many years. I am looking to reduce and reallocate one of those positions as part of the overall reduction. Which in your judgement would be the best candidate to let go?

Finally, and I apologize if this question has been asked and answered before: is there any drill-down facility planned in the 5i Portfolio Analysis features that would list all holdings in a particular asset class, geographic sector, and/or industry? Or does the facility exist and I am missing it? For example, it would be helpful to have the portfolio analytics tool to be able to list the holdings that it is including in its calculation of the portfolio “financials” weighting.

Thanks
Derek

Q: Putting aside sector allocation considerations, which of Telus or Sunlife is likely to have the best total return over the next 5 years in a RRSP? Thank e.

Q: I hold all of the above in roughly equal weight in the income portion of my portfolio. The first three are at roughly breakeven, the latter five are up, two of them over 20%, as economic conditions have weakened. I am wondering why I don't simplify life by selling them all and buying the PDC ETF which provides greater diversification and has a dividend yield of 4.59%. I realize that 25% of PDC is in energy but mostly safer pipelines. Would this be a good move or am I better off to keep what I have?