Investment Q&A

Q: Part of our total portfolio is invested in ETFs [non-registered accounts] and one-third is in Canadian-based and Canadian-dollar denominated US ETFs. Another third is in US ETFs - spread among Large Cap Value, Blend and Growth, and SMID. The final third is in Special US ETF - IAI ZBK AIRR PAVE SHLD PPA SMH UTES AND HXX. Your advice is requested as to which ones to over-weight, underweight or sell. Please rank each category, if you would. My lean is less tech/ M7 as already own most.

Q: Recognizing that 5i Research does not perhaps put as much emphasis on technical analysis as opposed to fundamentals, perhaps you have an opinion anyway on log charting in particular.

I noticed that CNR - generally flat for the last 4-1/2 years, fell out of a long term log channel 2 years ago - a channel going back to its listing three decades ago. In fact, with this in mind, I've discovered that the present price is at a considerable distance from the bottom of that channel not seen since the GFC.

So do you see this as a great buying opportunity for CNR based on this observation? Or do you have an opinion in general on the future of railroads in the face of any potential long term disruption that I am unaware of (eg. AI-based) ?

Q: Given the turmoil in the market at the present time, I want to increase my gold allocation and am considering these two companies. How would you rank them and what is your reason for the higher ranking? Do you have another producer in the sub-1M oz of gold production/yr range that you favor over these two companies? What would be your maximum allocation for gold stocks in today's market? I already have 1% positions in each of KNT and AGI.

Q: Morning troops. Am hearing a lot about Buffer ETFs these days. Can you explain the downside protection please? I hear about "15% downside protection" - does this mean that any losses are capped at 15%? Do you have any CAD Buffer ETFs that you would recommend? Cheers.

Q: Currently I have positions in the above Brookfield companies. I plan on keeping the position in BN. Would you please rank the others from best to least preferred along with a brief rational for your decision. THANK YOU!

Docsinc

Q: How does an ETF like PSA pay 4.3% yield when interest rates are so low?

Q: Do you know where I can get a list of all convertible debentures traded on TSX?

Q: ETFs or Mutual funds that invest in stocks only, outside of North America, unhedged. What would you recommend for broad exposure.

Thank you

Q: Have any insiders been buyers of the stock recently?

Thx

Q: Hi Team,
I currently hold fairly high positions of both LMN and TOI. I invested in these positions as opposed to CSU on the view that they would provide more growth over the long term as they are essentially smaller companies, under CSU guidance and play book. Would you agree with this strategy? Assuming I continue to hold both is there still a need to purchase CSU or would holding a mix of LMN and TOI be sufficient exposure for maximum growth within the family?

Thanks,
Shane.

Q: This T Rowe Price ETF is a US equity only .31% MER broad based ETF spun out from a Lipper and Morningstar award winning fund that was approximately 60% equity with a variety of fixed income holdings making up the remainder. David Giroux the manager is highly respected. Could you look at the holdings and the long record of the fund that gave birth to this ETF and provide your critical review. I would like to average in to at least a 10% holding as I see this as a strong long term sleep at night well managed reasonable cost candidate. Thank you.

Q: I've held XYZ in a reg account for a while now awaiting a recovery (down 50%) that never seems to take hold. I have to imagine there are much better opportunities, particularly in the US tech space. What would be some suggestions for replacement I could explore. I've had my eye on FOUR for a while, thoughts on this one as well would be very much appreciated. Thanks so much.

Q: Just wondering if you have any thoughts regarding two companies that operate in the footwear category: Deckers and Skechers. These companies appear attractive because of their offerings in the marketplace. Deckers owns the hugely popular HOKA brand while Skechers has developed the step in technology which, I think, is a game changer.

Are you comfortable with either or both for small positions in an otherwise diversified portfolio.

Thank you

Brad

Q: Good morning,

The US financial sector ( ie JPM, MS, GS...) all weaker today- any reason/ announcements that would help explain?

Thank you.

Q: Good morning 5i,

Thank you for being that "rock." I own BN and KKR. Following earnings and some downward pressure would you consider adding at this time? What would be your top 2 in this sector?

Please provide your comfortable weighting for both and preferred at this time. A good value for adding would be fabulous.

I am a little underweight in this area.
Thank you so much and please deduct accordingly.

Q: What do you think of the news from TD this morning, selling their stake in Schwab and using the money to buy back $5.6 billion of their shares? The market certainly seems to like it

Q: After a really good 2024, JWEL has starting the year off poorly. Not sure its all about tariffs. Thoughts on the stock?

Q: Is PCG a BUY. It is cheap but has had a lot of problems in California with forest fires caused by them . Is California a too risky place to invest People are leaving CA and with the recent devastation this will continue to be the pattern RAK

Q: Hi there,

GS has had a nice run up in response to their latest earnings reports.

All things considered do you think it’s still an ADD/BUY at this point?

Ok thanks!

Q: Hello 5i,
I couldn't find an answer for this question, so I hope it isn't a repetitive one. If so, my apologies.
Given that BCE will cut the dividend (even if just for argument's sake), what will be the impact on the share price? In your experience, does the size of the dividend cut generally equate to a similar sized rebound in price, or a fraction thereof? If a 50% dividend cut, what might be the potential rebound compared to a complete elimination of the dividend?
And, finally, any sense of when the board would want to have that decision made?
Many thanks for your insights - much appreciated, as always!!
Cheers,
Mike