skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I hold BEP.UN in both my RRSP and non-registered accounts. It's having a good run and is now roughly 7.5% of my portfolio. I'm starting to think about lightening up to 5% on it even though it shows no sign of slowing down yet. The 2.5% i would sell would eliminate the holding in the RRSP to no tax consequences.

Deciding to sell a stock is always a struggle for me. Which of these options would you recommend:
Use a trailing stop loss (for the 2.5%) to protect against a hard reversal in SP and just let it ride?
or
Use near the money, 1 or 2 month covered calls on the 2.5%?
or
Sell the 2.5%.
or
Just continue to hold the 7.5%

Your advice is always appreciated.
Peter
Read Answer Asked by Peter on November 28, 2019
Q: I have small positions in the above,except for npi. I am considering selling some of bep.un,which is up close to 80% and purchasing some npi. I also have bam.a and bip.un. In my portfolios. Would you please comment on this proposed adjustment and your rationale? If yes,would you wait for a pullback in bep.un. Thank you.
Read Answer Asked by Steve on November 28, 2019
Q: Thanks for your many comments on the securities cited. Currently I hold small positions in both in my TFSA and with the New Year fast approaching, I wonder if I would be best served if I transferred both to my taxable account and increased my contribution room in the TFSA for 2020 and expanded my holdings in the TFSA with other securities next year. Your insights and opinion would be appreciated as always. thanks, Bill
Read Answer Asked by Bill on November 27, 2019
Q: In a state of confusion regarding these holdings...the spinouts? and the future outcome. Would like to hold forever (like the dividend)........What should I do? Positions. BIP.UN, 3.6% of portfolio, value now $280k..with gain of +74k. BEP.UN, 2.8% of portfolio, valued at $215k with gain of +86K
Read Answer Asked by David on November 27, 2019
Q: I am Canadian citizen/resident who owns both BEP.UN:CA and BIP.UN:CA within my TFSA (at TD-Waterhouse). After receiving the new shares related to both of these holdings, should I keep all four securities within the TFSA, or should I consolidate into one of the other type of security (and if so which one)? (I don't mind paying the transaction fees if this helps simplify things.) Also, I currently hold both positions within the Canadian dollar portion of my TFSA, but I can move these over to the U.S. dollar side of my TFSA, if this makes more sense to you, in advance of these spinoffs.

Ted
Read Answer Asked by Ted on November 19, 2019
Q: Do you fine people feel that BEP.un could be an acquirer of INE should BEP's valuation continue to defy gravity thanks to climate change hysteria and trendy SRI mandates?

Thank you 5i - deduct 2 credits if you would like to take some time with this answer.
Read Answer Asked by malcolm on November 15, 2019
Q: Brookfield Renewable Partners (BEP.UN) now forms just over 9% of our joint registered investments and although that is much higher percentage than any other holding (and may be inadvisable), I am somewhat reluctant to sell any, because it is one that has been a winner from the day I bought it. That is in stark contrast to quite a few other stocks that I apparently bought at their height which have since plummeted.

I need a trimming strategy and would like you to give a detailed description of how best to maintain the number of shares held as long as possible, but sell some if the price starts to drop. Perhaps there is a link that you would prefer to send to me.

I have read your opinions on Limit and Stop Limit sales at one stage or other and have also tried this, but it hasn't always worked as I thought it would.

What would you suggest is the best way to address this?

Read Answer Asked by John on November 14, 2019
Q: 7:02 AM 11/14/2019

There seems to be a lot of confusion. Which of BEP, BIP, BPY are going to be relocated to Toronto and have the 5 for 4 "Stock Split"? Any idea yet of the Ex-Dividend Dates?
Thank you......... Paul K
Read Answer Asked by Paul on November 14, 2019
Q: The way I see it the upcoming "dividend" will be in effect a 5 for 4 split of existing units and I would expect markets to adjust SP's to account for this, correct?

Also TD has no conversions of US$ dividends if held in a US$ account unlike RBC. I expect to receive the entire $2.06 US per unit in my US account this year. The only time conversion would happen is if units are held in a $C account.
Read Answer Asked by Jeff on November 14, 2019
Q: BEP and BIP have each grown to just over 9% of my portfolio. That’s great, but I’m in a quandary. With other stocks I might be tempted to trim and reinvest, but there seems to be momentum here and the spin out sounds interesting. What say you? Trim and reinvest? If trim, then back down to 5% each?

Then.... where to reinvest? I’m well diversified and would look for income stocks with some growth potential. Mainly, I’d want something that is a good replacement for the potential and stability of Brookfield. Perhaps a different Brookfield? Perhaps park it for the potential to pick something sold for a tax loss?
Read Answer Asked by Danny on November 14, 2019
Q: Hi,

Looking for a long term hold, preferably lo-volatility and some growth. I own the banks, AQN, BAM, and ZQQ. Can you recommend your top two picks and why?
Read Answer Asked by Graeme on November 13, 2019
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!