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: Just few more covered call gold ETF questions and I promise to stop flogging this horse and make a decision ..... Of the five ETF's 5i recommended { AMAX, CGXF,BASE,GLCC,GDXY } Could 5i give me the return, unit price gain/loss plus dividends for each ETF as a percentage ? .... As both AMAX and GDXY have only been around a year just go back for that period of time for each one. This will be long enough for me to assess as I am looking for gold volatility pre and post Trump's election.....

I notice all have an upward trend except GDXY. Could 5i speculate on the reason why ? Of course the question is does that 32.5% dividend more than make up for it ? I should be able to see that by your evaluations of returns for the other ETF's in comparison ......

And finally, hypothetically, if 5i were forced to choose one or two of these to " hide " in while assessing just exactly how bad Trump is going to make things for Canada . Which would be your two favorites, first and second, and why ? ...... Thanks for your terrific service ..... Garth .....
Read Answer Asked by Garth on March 27, 2025
Q: Thank you for your list of available covered call ETF's . A bit to unpack here . Could 5i give me some assistance doing it ? .....

The current Yield of each ?

The structure of each ? .... { for example part of your answer was " GDXY may be of interest. " I'm assuming some leverage here as the yield shown in TD Waterhouse is 29% . How much leverage ? And what is the structure of this and the other ETF's ? }

The risk profile of each ? ...... { for example on the Yieldmax website they outright tell you GDXY is high risk . I would like to know why and what that risk is ? And a similar assessment for each ETF recommended ? }

Also if 5i were going to hide in some high yield covered call gold ETF's until after April 2/25 { tariff day } and likely longer as I'm convinced it isn't going to be a good year for Canada. Put a numerical value for each ETF listed from one to ten with one being most favored and ten being least favored and why ?

Also if there are any tax consequences inside a RRIF ?

Thank you for your terrific service .....
Read Answer Asked by Garth on March 24, 2025
Q: I hold the following High dividend players: CALL, DGS, GLCC, HDIV, HMAX, HPYT, QQCC and QQQY. Can you please rate these as safest and best for growth. I am down on HMAX, HPYT and QQQY. I hold so many as I am leery to place all dollars on one player. Or are there some I should sell.
Read Answer Asked by John on March 04, 2025
Q: Hello

Asked this question earlier but did not see a reply.

Just wondering if, in a rising gold price environment, would a covered call ETF benefit from increased call option premium income? And, if so, would this offset the increased risk of missing capital appreciation as a result of the underlying security being called away?

Brad
Read Answer Asked by Brad on February 21, 2025
Q: I think my question was more related to, do you agree that GLCC was so much better than AEM.
Using 04/21/2011 as start date to match available data range for AEM.CA and GLCC.CA
AEM.CA GLCC.CA Growth of $10,000.00
With Dividends Reinvested
Click for detailed chart tool
Start date: 04/21/2011 04/21/2011
End date: 01/17/2025 01/17/2025
Start price/share: $64.99 $10.04
End price/share: $123.09 $28.11
Starting shares: 153.87 996.02
Ending shares: 194.26 3,596.08
Dividends reinvested/share: $14.08 $21.84
Total return: 139.12% 910.86%
Average Annual Total Return: 6.54% 18.32%
Starting investment: $10,000.00 $10,000.00
Ending investment: $23,899.77 $101,111.35
Years: 13.75 13.75
Read Answer Asked by Marios on January 28, 2025
Q: Is there a bond crash coming because of high government debt, particularly in the US? How do you see gold and energy markets performing in that kind of environment and are short term bonds even worth the risk? Or is this fear all over done and we just live with debt levels far beyond our ability to ever repay them?
Read Answer Asked by Curtis on October 23, 2024
Q: All different holdings, but what would be your order of preference (based on expected total return) with the next 12 months in mind. Thanks as always, great service.
Read Answer Asked by Curtis on March 06, 2024
Q: I am currently somewhat overweight bank and gold stocks. Would these covered call funds be complimentary or simply increase sector exposure even more?
It's very hard to ignore the 11% yield with GLCC and BANK for an income seeking investor.
Why is ZWB 7% while BANK is 11%

thank you
Read Answer Asked by JACK on September 09, 2022