Investment Q&A

Q: Hi Peter and Team,

I find that we need to buy some more in the Utilities sector, to keep to a 10% weighting. We presently have about a three-quarter position in each of AQN, BEP.UN, and FTS. Do you think that INE would be a good addition to this mix or is it too similar to AQN and BEP.UN? We can buy and sell XUT commission-free, but I notice that ZUT (not commission-free) has a better chart. Should I increase our positions in each of the three we already have, buy a new one, or top up with XUT/ZUT? Or is there a US ETF in this sector that looks compelling? Or perhaps in the present "climate", could the utilities sector weighting be reduced below 10%? What sector should take up the slack?

Thanks for all your great advice which has been and continues to be very valuable. A Merry Christmas and Happy New Year to all of you at 5i and the members as well.

Q: Good morning Peter, I purchased PUR in early August based on your company report and have watched it steadily decline 21% since. I know you continue to recommend this as a growth stock with risk, while stressing the need for a long term hold. It seems I've got the risk side covered, so my question is whether you have changed your position about the growth potential. I can wait on this stock and will hang in there if warranted. What are your thoughts? As always, I appreciate your invaluable advice.

Q: Would you please give your thoughts on these two. PHX has new technology which seems to have received orders and SDY supplies a variety of goods and services. Your comments will be valued. Happy holidays

Q: Hi Peter and Staff
Release last night presumably after you added to your Growth Portfolio about a litigation update. Any change in your view?
Thanks for all you do and Happy Holidays to you and your staff
Dennis

Q: I purchased BMO & CM when the yields were well over 5.5%. I also own & would like to continue to own BAC & MFC. Financials make up 25% of my portfolio now. I would like to sell CM & BMO. Are there any higher yielding dividend stocks in other sectors out there yielding over 5% that may be "mispriced" similar to how CM was back in 2009/2010?
Thank you

Q: Comments Please

Q: Dear 5i
Do you expect US banks to do better than Canadian banks in 2017 .
Would zub be a good etf for US banks and what is their MER ?
What Can. bank etf would you recommend ?
Thanks
Bill C

Q: I am thinking of selling GWO and PWF and replacing them with a 50/50 split of ZUB and ZBK. I would appreciate you thoughts.
Thanks.

Q: What are your thoughts/risks on XHY going forward? How will any future rate increase affect xhy or are they already priced in?

Q: Could I have your opinion on XHY, XTR and CBO - should I sell or hold
Thanks - Hanna

Q: I've held SGY for a number of years and, as is the case for a lot of oil producers, it was a decent stock until the 2014 collapse in oil prices. It has come back a bit recently but I have a cost base of $6.31. Should I continue to wait patiently for a further recovery in oil prices (perhaps years away) or take the loss and put the proceeds into something else (what?)?

Q: Good morning,

I am managing 2 portfolios, mine and my wife. Both portfolios are oriented toward income but with some growth as well. Both portfolios are diversified and has at least one company in each of the 11 tsx sectors with a total of 20 companies in each portfolios with a 4% to 6% weight in each of the 20 companies.

Both portfolios has a reit, Boardwalk (BEI.UN) and Milestone (MST.UN). The reason that we have invested into these reits is that both has assets in the U.S. and are in family residential.

With the interest rate moving up in the U.S. is time to sell these two reits?

Thank you

Paul P.

Q: Merry Christmas to all at 5I and thanks you for a very productive year, My question involves BEP.un as I am looking to add it to my portfolio on a pullback. I already own ALA and it is at 2.5% of my portfolio. The rest of my portfolio is as close to the Balanced Portfolio as I can get. Could I have your thoughts on this acquisition.

Q: Himax is close to its 52 week low. Is it a good purchase or do you have similar stock which you could recommend.

Thanks

Q: When the conversation turns to money, stocks, real estate sales, inheritances, retirement ,funds, etf's etc., a moderately informed person is invariably asked questions about where would "you" put a large sum such as.. $250,000 and leave it safely parked for the long term and also generate monthly income above bank rates? What do you simply and safely tell your father, uncle, friend, etal? Thank you.

Q: Despite the expenses with Fort Mcmurray fires IFC stock price had a fairly reasonable year in 2016.With higher int rates presumably coming and mabe a year without so many calamities what would you think of it going forward?
Thanks and best of the season
Larry

Q: Not a question but a comment. I'm glad to see you are covering CRH Medical now. I had thought about asking the question a while ago, "why shouldn't I own CRH" to get the sell side argument in case I was missing something. But it sounds like you are agreeing that CRH has a bright future. Great growth, mgmt, and their expansion from the Gastro side to anesthesia services was very smart. I find them to be one of the better run companies in my portfolio, so far.

Q: Would appreciate your take on the Tech Sector for 2017. Which of the above do you favour for growth with the most solid fundamentals? Or is there another one you would prefer? Thanks and Merry Christmas.

Q: Given the present us situation rad ?????????? Your opinion Thanks

Q: Hi there, thank you for a great year of service! In the new year I will be rebalancing my portfolio, shifting positions to 4% in each of the Balanced Equity names. This will leave me with 8% left in cash and room for 2 names to make a 25 name portfolio. Which 2 names would you add for balance and growth? I am in my early 30's and have a long term outlook. Thanks again!