Investment Q&A

Q: Retired income oriented long term (10 year focus) investor.
Already own CPD, CVD and XPF.

In the process of rebalancing asset allocations with the objective of increasing fixed income, and given the current interest rate environment can a case be made for buying one or all of these stocks? Why or why not?

Any other thoughts also appreciated.

Thanks.

Q: What is your view of structured products such as PaRs and PPNs? I had thought you had previously commented on these products but cannot locate. These products appear to be designed by the financial industry for selling rather than real investor needs.

Q: I would appreciate your take on Saputo's results.Revenues are up for yoy and qtr vs 3rd and last year but earnings appear weak. Is this a one-off due to the recent acquisition or something more concerning. Quite frankly I have difficulty judging the impact of IFRS accounting on the income statement. I look forward to your insight.
Thanks
Ian

Q: I’m looking to add a U.S. utility stock to my portfolio, what are your thoughts on these companies? Any others you would suggest?

Q: What are your thoughts on Docusign these days? Should I move on from it or is it worth holding? Thanks

Q: In your answer to a June 5 question from Russel ( about no withholding tax on US dividends when held in an RRSP), you said "However, the important distinction to make is not what currency the ETF is based in, rather what country the ETF is listed in." So, are there any Canadian dollar denominated ETFs listed in the USA?
If so, does that mean there would not be any withholding tax on dividends from them if they were held in an RRSP or a RRIF, and does that mean that there would be an advantage to investing in them ? What are your thoughts about this idea? Thanks.

Q: hi, within a long term focus rip, would you see benefit from holding VGG as well as ZSP ? If not both, which is preferable? Thanks$$

Q: Hi
I am increasing US exposure by 15-20% to a total of 35-40% from cash into ETFs. Portfolio Analytics suggests VUN for this exposure. I am thinking of using a more factored ETF, IWO or VGG. The US exposure would be the similar, the latter two have a lower financials weight (helpful for sector balancing also needed at this time), and possible relative out performance with small cap or dividend growth. Do you think 1, or a combination of 2-3 is better than the other? Any suggestion on weight (1/3 each)? Do not want to overlap too much nor one factor negate the other.

Any suggestions for adding some torque to passive component of US exposure welcome.

Thanks

Q: Wondering if this is a good time to take a position in one of these Canadian mid-stream oil companies. Which one would you buy today if looking for the highest short term price appreciation? (say over the next year). Why?

Q: AO Smith is being investigated and becoming a negative postion.
Your advice? Thanks.
Harv

Q: Ross healy on market call tonight has been negative on vet always citing paying outmore than they earn. They have not ever reduced the div. Other analysts like the stock as well as your firm to a degree. I agree oil prices down but is there more to the story

Q: Thank you for your response to my question about a simple etf portfolio .
For the non registered portion you suggested using HXS instead of VFV and HXDM instead of VDU . After reading the horizon website on HXS for both registered and TFSA they do say it is advantageous tax wise to use this etf .
This answer seems a bit confusing since you have answered a previous question this way . .
Earlier 5i answered a question in april 2019 :
watched---default Horizons S&P 500 Index ETF (HXS)

watched---default Vanguard S&P 500 Index ETF (VFV)
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Q: Is this a a good play to the US market in a TFSA. Thanks

Asked by David on April 23, 2019
5I RESEARCH ANSWER:
Yes and no. It tracks the S&P 500 index, and we think this is the best way to get US exposure. The fund uses derivatives to convert dividends into capital gains, allowing tax deferral, which can help some investors save taxes. BUT...under the recent changes to the federal government budget, these types of ETFs are not going to be able to be run in the same way. Horizons says it will likely have to pay distributions this year. It is still an OK fund, but VFV would be better now, and cheaper, and follows the same index.

So I am confused .
Please clarify.

Q: What is your take of Transcontinental after the conference call?
I decided to listen to the conference call myself and felt even the analysts were somewhat discouraged.
However, the CFO's comments on hearing the last of printing issues seemed promising.

Much appreciated!

Q: Good Morning
The announced production curtailment by WEF coupled with the SP slide over the past several months makes me feel like I'm flogging a dead horse. I'm down almost 40% and the road to recovery seems long. Time to dump and move on?
Carl

Q: I am a holder of this stock and have been very disappointed with it's performance. What does the future hold for this company? Would I be better off owning another company in this space (a suggestion would be welcome).
Thanks

Q: I do not understand what is going on at PLI.
I have many shares and want your help to sort out my options.
1. should I participate in the writes any why . Is to late ?
2. what advantage would I get if I owned the writes. Would I be able to guy shares at $ 0.0015 and how does that work.
3. Is there a chance the new management is more capable in running this company which may have solid science but has cheated it's loyal stock holder.

Q: Dear 5i,
For communication exposure in Canadian portion of the portfolio would you add today BCE and/ or T to well diversified RRSP and TFSA? This is for Income conservative investor. If yes would you suggest full or half position? Thanks in advance.

Q: Hi,
I am extremely underweight the utilities sector, so would like to buy one utility.

I like the geographic diversity of BEP.UN and that you have it rated as “A”.
Would this be your top utility pick?

I’m not concerned about dividend yield or even total return, so much as which utility will come through the next economic downturn with the least damage.

Thanks,

Q: Morning guys:
Would you buy this name for energy exposure at the current price?

Q: Good morning, Today you recommended XTC as a small cap buy. I know you have liked it in the past but.... share price chart is dreadful, recent results were not good and the sector is out of favour. Is it just a straight value play or is there a new catalyst?
Also, are they more affected or less affected by trade tensions/tariffs than MG, MRE and Linamar? Thanks for the great service.
Rob