Investment Q&A

Q: Hi 5I Research team.
I presently own OCS.UN which I believe is a closed end fund. Could you please explain what a closed end fund is? I have held this for about a year and a half and am under water with this fund. Recently the fund has been going up. It pays a 10% dividend which is great. Would you expect this fund to continue to go up. Is the fund tied to the interest rate and would it continue to go up if the interest rate goes up. Thanks for your help
Bob

Q: In the past, you have been reasonably upbeat about ITC. However, over the past couple of months, it has slowly gone down. If you had to rank it, what grade would you give it? Is it a worthwhile buy at this level or best to sit on the sidelines?

Q: I have good gains in two US positions. One is GSE systems (GVP) (3.7% of total portfolio)and the other is Flextronics (5%).

Both up over 100%. Is it time to trim these, sell, or wait till January for tax purposes.

I appreciate your guidance.

Q: Hi team, can you recommend an ETF for emerging markets in Asia, lookign for something with lighter China weighting and higher Vietnam, Malaysia, Thailand, etc. Ideally looking for something that follows the index vs individual stocks.
Thanks
Nancy

Q: I was 10 mins late signing in to the webinar today and unfortunately was not able to partake (full). Will you be re playing sometime? Thank you, Maureen

Q: peter what do you think of f.v on tsxv backed by some haevy hitters

Q: Could you please give me your opinion on holding or selling these companies.
Thank you.

Q: Can you provide an overview of this name. Are you still looking closely at PIH as an interesting company not yet covered? Insiders own a very large portion. Are you concerned about Trump re NAFTA here? Would you consider this company as a good growth stock or would you recommend something else. Understand risks/volatility with small cap.

Q: Can 5i tell me if bond coupons have "ex-payout dates". My transaction records show that the date coupon is posted is always on the nearest weekday to the maturity date of the Bond. I presume there is a posting lag, but I would like to know what date I can sell the bond and still get the coupon

I enjoy the service you provide And wish the team a happy Yearend and many more of them in the future.

Ernie

Q: I've seen an article recently that speculates that the next paradigm shift will be a faster expansion of the "Internet of Things", especially by large industrial companies that over the next 30-40 years will automate more processes using equipment and sensors provided and monitored by outside companies. Names mentioned that are expected to benefit most were GE, Honeywell, Rockwell, Cisco and IBM. I'd appreciate your opinion on whether this seems like a good idea for long-term investment.

Q: I'm looking to add to my small cap portfolio, this is a small start up, any opinion on it.

Thanks

JIm

Q: G'morning Peter
Your thoughts on BXE going forward. I have held it through this turn down a looking at possibly adding now that debt is controlled.
Thanks Don

Q: I hold both DRT and IT in my growth portfolio, both have taken a dive and I am underwater . With this portfolio, I am looking longer term of course, do you think these two are worth adding to
Thanks

Jim

Q: I have been gradually repositioning my real estate/reit holdings over the past few months on fears of raising interest rates. For example I switched from BPY.UN to BAM.A and reduced CSH.UN and recently bought FCR because it looked cheap. I currently hold full position in BAM.A, TCN and HOT.UN and half positions in FCR and CSH.UN.

Do you think these holding make sense for the current environment? I am concerned that I may be a bit over exposed and was considering letting one of these go. I would be interested to see what you think. Thanks.

But I am now a bit concerned that

Q: could you please rank the relative risk of the stocks in your answer to Stephen's question about generating capital gains.
I'd like to do the same, but don't want to take on unnecessary risk.

Q: I have EXE SIA and hig.un about 2% in my portfolio, would it make cense to consider either of the above ones. Can you provide some info of them. Many thanks, J.A.P., Burlington

Q: For someone looking at a retirement in 2 - 3 years that will be funded by personal investments, I am having trouble formulating an investment strategy that would currently include fixed income investments. Fixed income securities seemed destined to only go down in value in the foreseeable future as interest rates rise so why would I want to invest in them? Pipelines, utilities and telecoms may also drop but their yield is currently quite good and secure and capital appreciation is always a possibility, if not a probability, in the longer run.

It seems to me that much of the argument for holding fixed income assets is to ensure the preservation of one's capital. But if I am ultimately going to invest largely in quality dividend paying stocks eventually anyway to fund my retirement is capital preservation the main concern? Isn't dividend "preservation" more the issue?

I feel like I am missing something because it seems that all advisors, planners and analysts strongly suggest there be some fixed income in a portfolio, especially as retirement nears. What are your thoughts?

Appreciate the insight.

Paul F.

Q: Will be doing some re-balancing early next year and would appreciate your thoughts/ considerations/ suggestions.
Can. Tech :
Own CSU, DSG, and ENGH. Will keep CSU - which of the other two would be the better complement and the keeper?
Can. Industrials:
Own CNR, NFI, STN and SJ . Will keep CNR and NFI and leaning to STN due to SJ small over-lap with CNR but would appreciate your thoughts.
Thank-you.

Q: Hello Peter and Ryan,
Without knowing my portfolio details, I know it is hard to give advice. However, I do have a diversified portfolio and am looking to add a long term growth stock and a dividend paying stock without using my cash. I have to sell a stock and replace with another. I constantly hear good things about Spin Master. I was thinking of selling Alterra Power corp and Brookfield Business Partners and use proceeds to buy Spin Master. Does this switch make sense? Kinder morgan (aside from protests) has had good news with government approval and potential sale of their assets. However, the stock is not moving which is surprising. Is it worth holding or replace with ENB and TRP to get some growth and dividends. Lastly, Magna and Linamar have had good gains. Time to sell or let them run? Please let me know. Thanks again

Q: I have owned this stock in the past and would like your opinion on it at this stage. I would like to place 3% to 5% and hold for 3 to 5 years if in your opinion it has good growth potential and is well managed. Thanks.