Investment Q&A

Q: Hi Peter and Wonder Team,
I am just wondering what you would suggest as to ETF replacements for the following SEI Growth Fund 80/20, I would like to replicate with ETF's as the fees are too high.
SEI U.S. Large Company Equity Fund Class O 24.14%
- SEI Canadian Equity Fund Class O 20.71%
- SEI International Equity Fund Class O 19.37%
- SEI Canadian Fixed Income Fund Class O 9.62%
- SEI U.S. High Yield Bond Fund Class O(H) 6.84%
- SEI Emerging Markets Equity Fund Class O 5.95%
- SEI U.S. Small Company Equity Fund Class O 3.91%
- SEI Global Managed Volatility Fund Class O 2.95%
- SEI Real Return Bond Fund Class O 2.89%
- SEI Canadian Small Company Equity Fund Class O 2.86%

Thanks for all you do, such a valuable service! Happy Holidays!

Q: Seth Klarman has said that the greatest advantage an individual investor has is the abilty to have a long-term perspective. With that in mind, several years ago I had assembled a core 20/20 portfolio- 20 stocks for 20 years. They consist of:
CDA: TD, BNS, BCE, ATD.B, BAM.A, CSU, CGI, FTS, ENB, CN RAIL
USA: APPLE, GOOGL, AMAZON, VISA, BRK.B, MCD.

I also hold smaller quantities of utilities ( AQN, EMA, BIP.UN), small growth mutual fund (mawer global small cap) and reits for diversification. Can you help me complete my core 20/20 by suggesting 4-6 US DIVIDEND GROWTH STOCKS and perhaps 2 Canadian holdings that I should add or replace. Appreciate your excellent service as always.

Sincerely Ajay

Q: Hello Peter and colleagues,
Is VEQT (100% equity) a growth ETF? (where can one find this information) Comparing VEQT with VGRO (80/20 equity/bond mix) can we say that VEQT has more potential for growth in long term (and more risk)? If Is VEQT is not a growth ETF is there a growth ETF that is 100% equity? Would you suggest any better alternative than both VEQT and VGRO?

Q: whats expected from engh on Dec 12 ? Thx

Q: Hi 5i

I am considering Kontoor Brands for its 6% yield and low PEGY ratio of 1. Plus Lee and Wrangler are iconic brands and almost everyone wears jeans. Your thoughts?

Thanks, Greg

Q: I am agnostic to the gold metal and gold miners. My question is in two folds.

What would you propose to compensate my Basic Materials exposure. I have none and the Portfolio Analysis propose having some exposure. I am invested for the long term. IShares propose XMA under performing the general markets for 3-5 and 10 years return. This year is a boon for long time holders.
Second question:
What is the rational for holding an asset with historical little return? Mr. Buffet is also agnostic to gold with proven record.
Deduct credits as deemed appropriate.
Thank you for your explanations easy to learn from .

Q: Hi Guys, out of the following 3 companies how would you rate them going out short term to medium term. Thanks Anthony

Q: Does this company have the potential to be the real deal? Trading has certainly bounced around for the last month or so.

Q: I would like more details on PHYS that was discussed briefly today. Apparently there is no dividend, EPS is $220, and Book value is $10.95. Since there is no dividend, is the EPS used to purchase more gold? Are there any MER or storage fees? How does it differ from PHYS.U (Sprott PHysical Gold Trust transferable redeemable units? Where can I find more details on those shares?

Q: what is your prospect for BMO Equalweight Utilities ZUT,so far I have been happy, I already have 9% in it
Art

Q: It appears that this ETF has changed recently as required by the Liberals. Is this a taxable conversion or is there an option to treat this otherwise?

Q: Is ZFH a reasonably safe holding for the income part of a portfolio? What sort of factors will impact its price? and its distributions?
thanks for your good service.

Q: Sadly, I held on to my position and the share value has gone from bad to worse. I see it is now listed on the Venture. When and why did that happen? When do they report their fiscal year's results? Do you have any info on estimates? I know you removed it from your portfolio and gave a fairly negative assessment on their performance, but will ask any way...is there any hope for improvement once tax loss selling is done?
Thanks for your good service.

Q: I have some dollars I wish to invest in the US market via a hedged etf. Question: do you prefer I go down to a mid-cap etf or use a total market etf. Thank you. Bill

Q: Hi Peter

Would like your thoughts on both of these companies please, i know that cpx is more and pays more dividends, they are both utility stocks which one would you say as more upside to it and which one is less risky. Thanks again

Q: Thank you for posting the model portfolios. I had to comment. Sometimes customers will complain about a stock pick or two, such as COV or, more recently, NFI. But with the income portfolio up 15%, growth up almost 31% and balanced up more than 20% this year, I really do not know what they are complaining about. Keep up the good work.

Q: Noticed that NFI is in the balanced portfolio and also in the Income one. Also the return has been very negative (-28%). However, it has a good dividend and a LTM plan behind the production of electric buses. Analysts at TDWaterhouse do no like it . In the last 5 months it seems that its price is making a base. Do you think that a contrarian approach could work here?, How would you rate its management ?, would it be worth to buy and hold the stock for 5 years ?, what is its biggest risk to make it underperfom ?, How safe is the dividend ?, Does it have a high debt ratio ?
thanks

Q: Can you please provide your comments on Genworth MI Canada.

They have declared and paid special dividends on three separate occasions in 2019. Are payments of special dividends something we can look forward to going forward?

Q: Your thoughts on this company? Thanks!

Q: Curious about your thoughts on MKP:CA as an income stock, it boasts a decent yield, but trading at a 52-week high right now. Been paying a decent dividend for along time now, but only has a "Sell" rating by one analyst and concerns over sustainability.