Investment Q&A

Q: Return on bonds tends to suffer when interest rate rises. However, if I hold the bonds to maturity, then I get paid the full maturity value plus interest. How could I mimic this approach with bond EFT?
Your suggestions re Cdn Bond ETFs suitable for the current global economy/interest rate environment is much appreciated.

Q: Good afternoon
I believe IT reported last week. If so, may I have your comments please. If they did not report, when are they scheduled to do so. Many thanks

Q: When does Currency exchange's earning come out and what are the estimates for earnings.
Thanks, Darcy

Q: hi,
XRE VERSUS ZRE. what do you prefer for a long term investment? or neither?
thx chris

Q: Hi guys, I have held MDA and STN for a year now and I want to move on to something that has more upside short term growth. I know that this is risky but I would like your recommendations. I just took a position in TNC as well. Bill

Q: This is my only mutual fund, purchased because I could not find a Canadian based ETF with this mix, and because it seemed to be ranked so high on a longer termed basis. With a MER of 1.82 it is not as expensive as most Canadian based mutual funds. Because of its performance compared to almost all my other investments I would like to increase my stake, but would like your opinion. Do you know of an Canadian ETF with this general mix, and would you agree the Mer expenses are "okay" if the performance seems to be above average. My assumption is that it is ok to "overweight" an ETF or Mutal fund as they are already well diversified. Thanks

Q: I have made a double on this ETF which follows the S&P 500. It is a full position in my portfolio.

Would now be a good time to sell and switch into the Russell 2000?

If so would XSU be better than IWO due to the CAD being lower than average for the last few years.

Or would it be good to a half position into XSU, and buy Alphabet?

Cheers.

Q: Could I have your trusted opinion on why this stock is taking such a beating.

Q: Hi Peter and Team,
Could you please comment on Surge Energy's third quarter results. How do you rate Surge Energy based on 3rd Q result?
Thanks

Victor

Q: I owned this stock for quite a while; but, sold 7 mth or so ago at a good profit. Reported to-day: results looked quite good, gas from Ireland on-stream very soon, no plans over next yr. and on to cut dividend. Trades still at high P/CF. I was thinking of buying it back - thoughts please?

Q: Would appreciate your thoughts on Bloomberg's article about BNS pursuing higher risk strategies to increase profitability. Thanks.

http://www.bloomberg.com/news/articles/2015-11-09/canada-s-bank-of-no-surprises-turns-heads-with-risk-surge

Q: I am down 53% with NewAlta which I have always considered to be an excellent investment. I am heavily overweight in the oil and gas sector, with SGY, HSE and WCP forming approx 43% of my portfolio. I believe in an eventual recovery and do not need to draw on the portfolio within the next five years. I have found myself in this overweight position being drawn by the high dividends. NAL is my only service industry holding, and I am more inclined to double down rather than sell. I see myself as an aggressive investor.

Realizing I have got myself into a difficult diversification position, I am inclined to wait it out and, possibly even average down. What are your thoughts?

Q: Hello 5i
My portfolio is imbalanced and i have been thinking
about bringing it back into balance. The imbalance is due
at least partly because i wanted to go heavy on comsumer
products, as i don't have much in fixed income. I know, of
course, that consumer staples are not a substitute for
fixed income. But, i thought they would bring some
stability.
The breakdown is as follows:
consumer staples 25%
financials 16%
Industiral 14%
energy 5%
telecom 6%
materials 11%
information tech 11%
Utilities 7%
health 3% (Note: I am moving out of healthcare stocks for an eft)
intrntl etfs 6%

I am thinking about bringing this back into line
and also getting some more fixed income.

The real problem with this is that I will have some fairly large
capital gains to pay. A nice problem to have, I suppose. But, I
was wondering whether since many of these stocks are in what
are generally considered very safe sectors, s, it is worth taking the tax hit
to rebalance? I realise, of course,
to rebalance? I realise, of course,
that it is difficult to comment since
you don't know the individual case. But, i would none
the less, appreciate any suggestions.
thanks for the great service, cl

Q: hi, what are your top growth stocks now, for Canada and USD accounts? i'm looking for doublers!lol…

thx chris

Q: Comment on today's drop: Canaccord Genuity analyst Derek Dley said he’s “become more cautious” on the outlook for the retail division of Canadian Tire Corp. Ltd. (CTC.A-T) given the “unfavourable movement” of the exchange rate and “continued” weakness in Alberta.

Ahead of the release of its third-quarter results on Nov. 12, Mr. Dley downgraded his rating for the stock to “hold” from “buy.”

“We are forecasting 1.0 per cent, 0.0 per cent and 4.0 per cent same-store sales growth at CTR, Mark’s and FGL Sports, respectively,” he said. We continue to expect Forzani sales to benefit from an increase in digital advertising spending, as recent digital spend test periods have generated double digit sales growth. Our forecast of flat [year-over-year] sales growth at Mark’s, which is considerably lower than the banner’s trailing 12 month average of 4.0 per cent, is founded on continued oil price-related economic weakness in Alberta, which we expect to negatively impact higher margin industrial wear. We note 17 per cent of Mark’s locations are situated within the province of Alberta.”

Q: Any reason why BPY.UN and BAM.A drop so much in tandem today? These two names are my largest holdings and there seems to be no reason that BPY.UN should get punished? BAM.A ran into some rough waters in its Australia acquisition, but even then it was unduly punished. Thanks.

Q: I read your article on the US covered call strategy and I new that there were etf's using that strategy. In looking at the various etf's I was disappointed in the performance over the 3-4 years they have existed. Is this the typical result?
Thanks

Q: Hi, Any reason you know of that is causing to drop for the last 5 days? They report 16 Nov....what are the expectations?
Thank you!
Silvia

Q: Hi Team - I have been offline for a while and tried to look through recent answers to avoid posting. What would be your top 10-12 stocks for a diversified portfolio with a 15 year time horizon that are buyable now. I am comfortable with all types of stocks although I generally keep riskier ones to 2-3%. Thanks for the excellent service!

Q: Hi Peter and Team, if you had to choose between Enbridge common share (ENB)and Enbridge Inc. cumulative redeemable pref shares series H (ENB.PR.H), which one would you select for income, appreciation potential and safety? Thanks, Gervais