Investment Q&A

Q: 5i Team,

Happy Holidays. I ask this question every other quarter, whenever I am repositioning my portfolio and deploying new cash. Given what has gone on in the energy space, what would be your ideal target sector weightings for a portfolio going into 2015 using these 5i recommended sector classifications, assuming a blank slate:

Capital Goods / Industrials
Consumer Cyclical
Consumer Staples
Retail
Energy
Financials
Health Care
Information Technology
Internet / Software
Materials (Gold, Silver etc.)
Materials (Paper, Chemical, Steels, etc._
Real Estate
Telecommunication Services
Transportation
Utilities
TOTAL = 100%

Risk tolerance is 7.5 out of 10. Assume a market cap portfolio mix of approx. 15%-20% small cap, 35-40% mid cap, 45% large cap.

Thanks and Happy Holidays!

Q: I am thinking of spending about one third of my port folio on 1OO ounces gold coins thanks team 5i

Q: Merry Christmas to all.... And thank you for the great service.
I would appreciate your thoughts on MIC financials ,diversification of the business, and dividend looks ok. to me... but would like your thoughts.. Thanks

Q: I would appreciate your expert opinion on Pengrowth Energy. It was just recommended on BNN as a top pick with a $15.00 target price.

Q: Hi Peter & Ryan,
Based on your last answer about CF, would you recommend to increase position, eventhough it went down 45% since July 29th'14? Is it the right time or wait for the energy sector to settle down?
Merry Xmas,
Morris

Q: Sj Had been on a steady decline since it reached a 52 week high of $36.84 Your comment please.Appreciate your usual excellent views & services.Merry X'ms & All the Best for the NY

Q: Hi
I would like to initiate a 3 or 4% position (depending on risk) in a company in the Info Tech sector that would complement my other holdings. I currently have CSU and ESL in Info Tech at 4% each. I also have a diversified portfolio of other Canadian equities (ie. Financial 12% (BNS, SLF, HCG) Cons Disc 12% (AYA, DOL, DHX.B) and so on)

My main focus is growth over the long term. Could you make a suggestion?
Thank you and happy holidays

Q: Peter, at the beginning of January I will be adding 150% to my portfolio comprised mostly of 5i stocks and a couple of US ETF's. I am in line waiting for a review of my portfolio and in the meantime where would you suggest I park the cash? A selection of ETF's probably makes the most sense. Thanks.

Q: Hi Team: growing a little frustrated with lack of growth. Considering switching to CF for higher appreciation potential as the CDN market recovers. Reasonable?

Q: merry xmas to everyone..Any new news,as has moved from bottom?re atp also rkn please..Thanks for everything and looking forward to a grat 2015, Regards Cliff

Q: Merry Xmas to all
I bought WJA on Dec 7th and now down 10%.I figure they have a lot going for them--lower cost fuel--reciprocal with Delta--pilot strike settled---voted best travel card
Is this just a hiccup or am I missing something?

Q: Hello Peter and team, all the best of the seasdon to you and thanks for all of your sage responses this past year!!

Chorus has been out of the news lately after their successful bout with AC. They pay a nice dividend and have a fair chunk of change on the books I understand. Do you think a special dividend is on the horizon and what is your overall view of the company, especially with dropping fuel prices.


Thank you
Jerry

Q: Hi Peter
Small holdings in each....long term hold.looking for best 2 of the five listed to add to for combination growth in value/dividends. which and briefly why or why not

CDV, DH , DII, DIV , XSR

Thanks for all you do and all the best for the season

Q: 5-year 7%-coupon debentures from GuestLogix started trading yesterday (GXI.DB). Already they have fallen to nearly 90 cents on the dollar, giving a yield to maturity of roughly 9.5%. Do you think that the risk associated with the creditworthiness of GXI is adequately compensated at 9.5% (+ the chance of much higher gains if the stock moves up significantly in the next 5 years) ? Thanks!

Q: I know you have a note on Glentel but would you recommennd buying now or the risk is too high.

Q: Hi team, Regarding Don's question on NOC....Something to consider is PPA (Aerospace and defense ETF). From Yahoo finance:

Top 10 Holdings (54.03% of Total Assets)
Company Symbol % Assets
Lockheed Martin Corporation Com LMT 6.47
General Dynamics Corporation Co GD 6.38
Honeywell International Inc. Co HON 6.36
Boeing Company (The) Common Sto BA 6.30
United Technologies Corporation UTX 6.25
Northrop Grumman Corporation Co NOC 4.64
Textron Inc. Common Stock TXT 4.53
Raytheon Company Common Stock RTN 4.51
Precision Castparts Corporation PCP 4.48
Rockwell Collins, Inc. Common S COL 4.11

Q: The reaction of the market to Celgene and Gilead in the wake of ESRX withdrawing support for one of Gilead's products seems rather overdone. I have both of these stocks. is it an opportunity to add more?
Thanks and Merry Xmas

Q: Hello 5i
I own Talisman and with the offer from Repsol on the table
I would like your opinion as to hold for a higher offer or
sell and take the tax loss.
Thanks

Q: My question is about the net interest rate impact on both of these insurers, specifically whether the positive benefits associated with higher interest rates offset the negative benefits of higher interest rates. I know the positive benefits of higher interest rates on insurers are widely accepted (via contract liabilities), however, considering that both of these firms hold billions in debt securities (the bulk of general fund), isn't their likely to be a negative impact on the balance sheet and possibly net income? Perhaps the net income impact of higher rates is more than the downside of decreasing debt security value?

Q: Do you have any thoughts on the fertilizer sector or Agrium in particular. It occurs to me that with the price of diesel going down, farmers will have more money to spend on inputs such as fertilizer.