Investment Q&A

Q: Can you recommend a list of safe dividend income ETFs with high steady monthly distributions? Thanks.

Q: 2 questions:
In a taxable account what would you suggest to play the role of Bonds if any? I need to beef up my bonds allocation and need to keep cash and cash equivalent in my taxable account where I have new funds.

For a young retiree with a comfortable portfolio what percentage would you allocate to cash and bonds? Volatility is not a problem for me with a long term view.

Thank you
Yves

Q: Do you think this portfolio can deliver about 10% yield including both dividends and capital appreciation in the first year? Do you suggest any other assets if you don't like the ones below pls? Thank you!
Holdings % of portfolio
S&P 500, hedged, equal weight ETF: ZUE 10.00%
S&P 500, hedged, ETF: CDZ 10.00%
S&P 500 unhedged ETF: EQL.T 10.00%
gold coins: I buy gold 1 Oz coins 10.00%
GICs and money market GIC 10.00%
Utilities, gas and electricity, CDA: ZUT 10.00%
High tech hedged or unhedged ETF; TB 10.00%
High Dividends CDN ETF: XBB 10.00%
Bonds ETF 10.00%
Constellation S,: CSU 4.00%
Couche-Tard: ATD 3.00%
CDN National Railway, CDN: CNR 3.00%
TOTAL 100.00%

Q: Follow-up on question asked by Yuves regarding HDIV and it’s MER. My brokerage shows it at 2.67% which includes the management fees of the underlying ETFs, leverage costs and other expenses. I would expect this to come down somewhat due to the internalization of some of the ETF holdings. While the MER is high it doesn’t seem to be out of line with other similar leveraged covered call ETFs.

Q: Hello, can you confirm the total MER for ETF HIDV? I am getting mixed messages regarding its MER cost. Thank you

Q: Is there a comparable (covered call strategy, risk, rate of return, and multi-sector approach) etf that trades on the US market?
Thank you

Q: I have held Harvest Canadian Equity Enhanced Income Leaders ETF (“HLFE”) but now see that Harvest is terminating this fund.
What would be the reason for this?
What should I be watching for in other ETFs that may be doing this?
They are paying out the proceeds to the remaining unit holders on July 5. How long before I see this in my brokerage account? Would I still be getting my usual monthly distribution on July8. I have emailed Harvest but yet to receive an answer.
Can you recommend a similar ETF to replace HLFE or should I simply add to my existing position of CNCL?

Q: Good morning team, sorry, I should have been more specific in my last question. I’d like to purchase XLB and HDIV in either my tfsa and/or cash account. The goal is to produce income. Which account(s) are best suited for these ETFs? Too add to that, how do you feel about HDIV with about a 10% weighting?

Q: I will be providing some funds for my grandson to invest in the market. My grandson is 13 years old and has indicated that he has a moderate to aggressive investment risk level. He would like to invest funds and hold the investments for approximately 10 years. For a 10 year hold, would you recommend moderate to high risk companies/ETFs over low risk companies/ETFs? My grandson is considering investing in ETFs and/or individual companies. Please provide your top 5 moderate risk ETFs, top 5 high risk ETFs, top 5 moderate risk companies and top 5 high risk companies with a brief comment on each investment. Please provide a general comment on the typical performance of ETFs vs individual companies. Thank you

Q: Good day team, I’m looking to purchase both XLB and HDIV. Which accounts would be best suited for these ETFs?

Q: What is your current opinion of EIT.UN.ca - is it a good investment or would you have alternatives that are better?
Thanks

Q: I'd like to assess the following group of ETF's I am considering purchasing from a conservative and safety point of view ...... HYPT has been used as the fixed income part of the portfolio . Please advise if this is appropriate and if not a suitable replacement ? The 5i income portfolio has Canadian preferred, convertible bond, and high yield US bonds for around a 15% weighting as the fixed income section ...... Please give a rating of between one and ten with one being the most " conservative and safe " for the following group of ETF's . I will assign the 5i income portfolio a four just so I can see how my choices rank against it using the criteria I suggested ...... Also everything I have chosen is a Hamilton product. Does 5i consider that problematic ? Thanks for your terrific service .....

FMAX 10%
HMAX 10%
QMAX 20%
HYPT 15%
SMAX 20%
LMAX 10%
HYLD 10%
HDIV 5%

Q: I hold psa in my tfsa for cash purposes. I am looking at moving proceeds to either hdiv or Dxq for cash holdings. Would you please compare these 2 etfs and would you recommend one over the other for stated purpose. Thanx.

Q: Is HDIV a good conservative dividend income investment for long term?

Q: Can you recommend your top 3 dividend etfs regardless of sector?

Q: Is there an expectation that the monthly distribution from this etf gets reduced as the interest rate declines?
Thank you

Q: For a RRIF looking forward assuming a slow decline in interest rates, which of these two (HMAX, HDIV) would you select and why please? Do you have any issues with either or both these? Thanks again. Dan

Q: I'm curious as to the lack of a high dividend paying etf in your Income portfolio? Also curious as to your thoughts on the partial use for these in a RRIF or PLIf account ( I am in MB and we have PLIF's). I'm setting up a PLIF and considering having more than a full position of HDIV, along with big stable dividend growers I'd pick from your favorites. I have a RRSP of the same value of the PLIF and investments in TFSA. I've been 100% equities all my life, eat volitility for breakfast. If you were setting up your own PRIF, looking to make significant income, what would it look like?

Q: Can you explain, in simple terms, how these 2 ETF’s are soon to have a management fee of 0% .
Is it something unique to these 2 products or could it occur on others having the same properties ? Thanks. Derek.

Q: Just noticed that management fee of HDIV is 0.65, but MER is 2.39. Management fee for HMAX and UMAX is 0.65, but MERs are unstated presumably because it's early days. Do you expect that the MERs of HMAX and UMAX will be over 2%?