Investment Q&A

Q: Thanks for the recent update, I look forward to your monthly emails.

With respect to point two about locking in some profits, I've often wondered how this works for institutions. Would they actually sell their portfolio and go to cash for the remainder of the year? Do most mutual funds not have to be mostly in the market thus having only a small cash position? I suppose you're referencing other major institutions like pension funds, hedge funds, etc.? Are they more flexible in how much cash they can hold?

Personally I'm tempted to sell to lock in my 2020 gains which have been my best ever (lots of great 5i picks, thanks) but then the question of when to get back in always confounds me. I'm all registered accounts to so no loss to write off and no gains to worry about at tax season.

Say one did want to lock in some gains what would you suggest? Selling high fliers, only to potentially miss some more gains? Sell the lagards? Sell the high risk? Balanced?

Cam

Q: Sorry for asking about two US companies but I've noticed you're bullish on VEEV and recently SLP showed up in one of your responses.

Are these not similar companies? Briefly, what differentiates therm, and do you have a preference? Would you own both?

Cam

Q: Note U have made any recommendation for the last few months. Now that the FAANG plus MSFT have recently corrected quite a lot,I am thinking of buying MSFT &/or APPL.Your opinion please .Txs for u usual great services & views

Q: Could you provide your views on the following U.S. small caps and any other you consider having more promising growth ?

entg-q, exp-n, logi-q

Gratefully,

Jacques IDS

Q: Just looking for some info on the cost structure of this product
Management fee-.65
MER -.71 So am i correct by adding these 2 togeather to 1.36 is what it cost me and if so when and how is this paid or taken from my account....thanks

Q: In your answer to Ian re good ETFs focused on U S dividend stocks, you didn't mention DXU or DXG. Any reason?

Q: Thanks for your response on the renewable power /clean energy participants; it prompted a closer examination of earnings expectations and current rating for each. With certain exceptions it seems to me that i) rerating and price enhancement took place mostly in 2019, ii) that for the most part valuations are now generous and iii) that the participants are primarily utilities such that, absent special situations, sustainable earnings growth will be modest when compared to growing industrials and others with which we have become accustomed. The discount issue then hinges on valuation methodology; their pe/peg ratios are excessive unless the conventions applying to utilities are very different from generally accepted norms, and I am not familiar with accepted cash flow ratios for the sector if these are appropriate and used. What is the generally accepted pricing criteria for these names and customary ratio ranges. Thank you again.

Q: In the technology sector with the increase in prices of each holding I have gone overweight. I have previously reduced weighting. Have taken profits in each of the above. Could you suggest from first to last which you would be more app to sell either all , some or none
DSG up 25%, KXS up 16%, LSPB up 38%,REAL up 15% , SHOP up 7 %
I’ve been rebalancing my portfolio as per tracking and analysis. Last piece of the puzzle.
Thanks again for your excellent service. For DIY it’s excellent esp. q&a

Q: Which of these two companies would you prefer now and why? Thanks for your service!

Q: Dear 5i,
I have a number of questions regarding shorting securities I hope you can answer;
1. Where does one find out how much it costs to short a security?
2. Who gets the borrow fee for the security?
3. If brokers keep the money can it be a significant amount and why is it not shared with the security owner to be fair?

thanks

Q: The stock keeps shrinking. What are the odds that Vermillion will simply disappear.

Q: Hello,
I’m sitting on a 50% loss with COV.
What’s a high torque small cap you’d replace it with that would have a better chance of recouping some of my loss? I’m sure it will pop the moment I hit the SELL button. Readers: this may be a signal to buy. lol
Thanks.

Q: In one of your recent updates there was a bar graph which compared the performance of all sectors of the economy. Technology outperformed all.
Going forward over the next year. is there a sector or sectors that you think will perform better than others?

Q: This stock was up over 23% on Tuesday Sept 29th. Any idea what is happening here besides a new appointment to the Board of Directors?

Q: What's your opinion of these ETFs as income generators?

Q: What do you make of the management change? Interested in your take on impact going forward. Net positive, negative or neutral?

Q: I'm a long term holder of Fortis (in the "hold forever" part of my portfolio). I have been seeing quite a few headlines regarding Fortis's commitment to moving into renewable energy, including wind and solar.

Here is one recent announcement: "FortisBC announced its energy conservation and efficiency program expenditures will increase substantially to $368.5 million over the 2019-2022 period. The new program represents a doubling of expenditure in 2019 and a tripling of expenditure by 2022. The new program will lower energy use, emissions and costs in everything from hospitals to homes. Customer benefits include extending the residential high-efficiency natural gas furnace rebate to be offered year-round and providing greater access to certified experts to help manage energy use."

How do you see this move impacting Fortis's earnings and share price (with the current investor interest in renewables)? Do you see this move as part of a broader trend with ultility/power companies increasing their stakes in renewable energy?

Q: This company recently did an IPO and its share price is increasing nicely. Can you provide a quick synopsis of the metrics for this firm and its future prospects?

Appreciate your insight.

Paul F.

Q: I have owned Enbridge for many years and have a fair but dwindling gain.
It seems to have persistent negative momentum, perhaps because of high debt and the perception it is tied to non-renewable energy.
Do you have some degree of confidence the stock price can stabilize or reverse? The dividend is nice, but not at the cost of capital loss

Q: I have owned this for several years and while they seem to do a lot of good things the stock price has stubbornly been resistant to change. I figure the sector has a lot to do with this. There is also not a lot of coverage for this company so I am wondering if, as a proxy for sentiment, one might look to coverage of Pulte Homes, for example? I am not so much interested in switching names (unless you think it is reasonable to do so) but Pulte has been getting a lot of positive press lately, appearing on several lists as being undervalued, so I am wondering if that same optimism would apply. If so, would you see adding to TCN as a prudent move at this time?

Appreciate your insight.

Paul F.