Investment Q&A

• Bitcoin Fund The (QBTC)
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• 3iQ Bitcoin ETF (BTCQ)
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Q: Should I convert my closed end fund QBTC to the etf - BTCQ under the conversion privilege ending May 31?
I see it will be on a NAV to NAV basis but is there any advantage if this is periodically offered? Daily vol on QBTC is higher so is this the better trade?
And what is the current NAV for each?

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Read Answer Asked by Jeff on May 25, 2021

• Miscellaneous (MISC)
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Q: Hi 5i Team, I'm looking for a couple of suggestions on (very) good, general mutual funds in the mold -- if I can reveal my age -- of Bob Krembil's Trimark Fund in the '90s. Nothing country or sector specific, just a couple of funds that have exceptional management and consistently good returns. My wife has a small amount in a LIRA that warrants one or two mutual funds at the most (I like active management; I'm not a fan of ETF's for the most part). Thank you for your insights, Pete in Calgary.

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Read Answer Asked by Peter on May 25, 2021

• Topicus.com Inc. (TOI)
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Q: Hi Peter/Ryan, just noticed my book value for TOI is only the amount of 22 shares or 1671.55 which I bought after receiving the 3 from the spin off, what would be my correct adjusted cost for the total 25 shares, what's the value of the 3 I received. Thanks

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Read Answer Asked by Nick on May 25, 2021

Q: Now that Dentalcorp has set their IPO pricing, how do you feel about this deal?

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Read Answer Asked by Vern on May 21, 2021

• Questor Technology Inc. (QST)
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• Unity Software Inc. (U)
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Q: I know you do not usually average down on stocks. That said, you do seem to like both QST and U:US. I am underwater on both and we appreciate your opinion here. Thx.

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Read Answer Asked by Penny on May 21, 2021

• Nucor Corporation (NUE)
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• Reliance Inc. (RS)
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Q: Your preference please between RS and NUE and why ? Also, any entry point thoughts. Preferred alternatives - Canadian or US ?
Many thanks, as always.

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Read Answer Asked by Alexandra on May 21, 2021

• BMO Canadian Dividend ETF (ZDV)
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Q: If ETF’s don’t report quarterly earnings then how do the Net Asset Values grow and the share price. Unless I am mistaken and they do report earnings.

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Read Answer Asked by David Michael on May 21, 2021

• Globex Mining Enterprises Inc. (GMX)
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Q: Any thought on GMX. BMO shows it as quite undervalued.
GUY

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Read Answer Asked by Guy R. on May 21, 2021

• Upstart Holdings Inc. (UPST)
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Q: Upstart has been extremely hot lately. Its up about 45% in a week; and up 11% today alone. all on pretty good volume. Do you have any idea what could be causing this sudden surge in the share price? No complaints, mind you, just trying to understand what is going on....

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Read Answer Asked by arnold on May 21, 2021

• Microsoft Corporation (MSFT)
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• Salesforce Inc. (CRM)
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• Atlassian Corporation (TEAM)
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Q: Hi 5i,

I know you like TEAM and have been holding for a while (Thanks!). However, I'm beginning to worry that with CRM bulking up and trying to compete with MSFT in the enterprise collaboration space, that TEAM will start falling behind. Especially, as the other two do more and more acquisitions and bundling. Do you think that will be the case or do you think TEAM has still got good growth? I currently hold TEAM and MSFT. Should I continue to hold TEAM or maybe swap it out for CRM? (I also have ADBE and VEEV if that make any difference).

TIA!
Wayne

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Read Answer Asked by Wayne on May 21, 2021

• Canacol Energy Ltd. (CNE)
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Q: Hi team,
This company is very successful in the percentage of drilled wells, has paid of a large portion of it's debt, pays a healthy 6.2% dividend and is now being recommended as a very undervalued play by Motley fool, but who is being "fooled" as the stock price languishes? Would you recommend entering at this price for a two to three year hold?
Many thanks,
Jean

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Read Answer Asked by Jean on May 21, 2021

Q: In light of the expected recovery and the need to get goods and materials to the users and markets I am wondering what your opinion would be with regards to investing in transportation companies and if you feel this is a viable area to invest in, what companies would be a top investment and is there an EFT that may also be a consideration.

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Read Answer Asked by Colleen on May 21, 2021

• LifeWorks Inc. (LWRK)
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Q: Given the recent purchase of People Corporation, i am not aware of any listed small/microcap benefit or HR admin firms. Can you suggest alternatives or are we limited to the PAYX and Morneau Sobecos?

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Read Answer Asked by David on May 21, 2021

• Berkshire Hathaway Inc. (BRK.B)
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Q: I'm curious about BRK. Is Berkshire kind of like an etf? Is the value of its stock the equal to its underlying investments minus a management fee? Or does the market arrive at its stock value based on some kind of discounted cash flow analysis. Are all its investments publicly disclosed?

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Read Answer Asked by William on May 21, 2021

• iShares U.S. Transportation ETF (IYT)
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Q: What Canadian ETF would you recommend for Transportation stocks?

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Read Answer Asked by James on May 21, 2021

• iShares Global Agriculture Index ETF (COW)
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Q: What Canadian ETF offers exposure to agriculture?

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Read Answer Asked by James on May 21, 2021

• Toromont Industries Ltd. (TIH)
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• Ag Growth International Inc. (AFN)
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• Cervus Equipment Corporation (CERV)
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• Nutrien Ltd. (NTR)
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Q: What Canadian stocks would you recommend for exposure to agriculture?

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Read Answer Asked by James on May 21, 2021

• SIR Royalty Income Fund (SRV.UN)
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Q: Would you consider this a play on things getting back to normal here in Canada? Your views on this fund and outlook for next 3-5 years. I quite like the Brands, so may be a bit biased.

Thanks for your help.

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Read Answer Asked by Arthur on May 21, 2021

• Freeport-McMoRan Inc. (FCX)
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• Franco-Nevada Corporation (FNV)
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• Kirkland Lake Gold Ltd. (KL)
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Q: What Canadian stocks would you recommend in the material sector?

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Read Answer Asked by James on May 21, 2021

• MediaValet Inc. (MVP)
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• Quisitive Technology Solutions Inc. (QUIS)
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• Adcore Inc. (ADCO)
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• Wishpond Technologies Ltd. (WISH)
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Q: Hello 5i,

I have some play money in my cash account, I'm looking at purchasing 2 or 3 small caps or stocks around $1 in price (or under). Can you give me your top 5 Canadian companies that you think have the greatest upside over the next few years. I will take a look and pick the ones I think will work out best. Thanks again.

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Read Answer Asked by Kevin on May 21, 2021