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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I have been using your model portfolio as a template for my RRSP investments. I have a large cap portfolio run by an investment company - it already contains BNS, SLF and MG. Can you suggest some alternate stocks in these sectors that would be appropriate for the model portfolio? Thanks!
Read Answer Asked by Linda on June 22, 2014
Q: Based on the price appreciation of Amaya this month the Model Portfolio weighting has likely gone from 5-6% to 10-11%, unless there's been a reallocation, as there was in May. I get the philosophy of not wanting a position to get too large in a portfolio but surely this idea might be counterbalanced sometimes by the idea of letting your profits run (and not adding to your losers) particularly on a stock that has such a great promise. If profits were taken on AYA on the way up, at what point was the decision made to do so, and what was the rationale behind it? Thanks, J.
Read Answer Asked by Jeff on June 22, 2014
Q: Highliner (HLF) had a 13% increase this past week. Are there takeover rumours or anything else going on at the company to explain this?
Read Answer Asked by ROB on June 22, 2014
Q: I recently bought VIG in CDN dollars as I was uncertain if I could do it in USD. Before proceeding with any additional US Stock/ETF purchases ,I would like to better understand what approach you would recommend . Firstly, I am new with managing my own investments, I recognize the exchange rate will be a factor and then I am wondering when I do sell in the future, do I have a choice in which currency to receive the funds in? Thank you for your assistance.Elizabeth
Read Answer Asked by Elizabeth on June 22, 2014
Q: Please advise your current opinion on GXI, thank you.
Read Answer Asked by daniel on June 20, 2014
Q: Hi guy,s..Glad to support your ride, Peter..Good luck!Best etf,s include BCE in them. Thanks,Cliff
Read Answer Asked by cliff on June 20, 2014
Q: LVN on tsx, Levon Resources, what do you think of them, do they have enough cash to survive?
Read Answer Asked by Roy on June 20, 2014
Q: Dear Peter and team,
I am considering selling my shares in Covidien (cov) (1% of portfolio) because of the recent jump due to the Medtronic takeover. I don't think Medtronic has as good of a track record or management as Covidien. Would you recommend holding onto Covidien at this time or selling?

Other healthcare stocks in my portfolio are Gilead (gild) (2.5%), Baxter (bax) (1.25%), JNJ (1.5%) and Novartis (nvn) (1.5%).

If I sell Covidien and stay in the healthcare sector, I am considering McKesson (mck), WellPoint (wlp), CVS Caremark (cvs), Amgen (amgn), Cerner (cern), Catamaran (cct) or Concordia (cxr). And possibly 2 others that I don't know much about Cipher Pharma (?) and Biosyent (rx). Would you mind giving me your opinion on the above stocks or at least indicate which you feel would be the top 3.

If you think that there is a better healthcare stock than those listed above I would love to hear about it.

Thank you very much.

Brian
Read Answer Asked by Brian on June 20, 2014
Q: Hi Team
Could you comment on the interest rate sensitivity of VSN.PR.A
on the share price of this issue, i purchases it around 23.50 awhile ago.Would this issue be considered to be as volatile as the Perpetual Preferred shares that some company's issue, and finally would you recommend it.
Thanks Gordon
Read Answer Asked by Gordon on June 20, 2014
Q: Hello Peter and team,
Hello Peter and Team,
Your reports have certainly been of good value to me lately but on another note. Finally there is some news on FLY.
FLYHT Aerospace Solutions Ltd.TSXV:FLY, this company has just sealed a deal with Sierra Nevada Corporation ("SNC"). What are you thoughts regarding this one? Should I let it fly, hit it or just let it fly around?
Best regards,
Heather
Read Answer Asked by Heather on June 20, 2014
Q: I have held on to Cominar REIT and Northland Power for a year and a half and 2 years respectively on the theory that there is no point in realizing my loss and putting the money to work elsewhere unless the outlook for CUF and NPI is dim. Is my reasoning right, and if it is, is the outlook OK for those two? CUF, sadly is in a TFSA. I'm trying to wrap my head around "selling your losers" versus needlessly trading. Thank you so much for this service. I am really enjoying the education I am receiving thanks to you.
Read Answer Asked by M.S. on June 20, 2014
Q: Hi 5i Team,
Can I please get your opinion on HWO vs. TCW? Which one does your team like better?
Read Answer Asked by Mike on June 20, 2014
Q: Peter,
What is year end date for Mutual Funds, and for Etf's (if any specific date for those)
Thank you
CDJ
Read Answer Asked by claude on June 20, 2014
Q: Hi Peter
I have 24% US in RRSP and looking to rebalance for income with some growth. Currently hold AAPL 5.8%, Gild 5.1% PG 7.3%, C 1.2%, CX 2.8% and US money market. Thanks Hamish
Read Answer Asked by Hamish on June 20, 2014
Q: Hi, Peter and Ryan.

I hold AAR.UN (PIRET) and noticed that they issued a press release concerning an acquisition (which appears sound) and then a trading halt was issued, and then trading resumed. There was a relatively large price drop for an otherwise relatively stable stock. Can you explain the reason for the trading halt and whether I should be concerned about this stock? My own speculation is that the company may issue units at a lower price to pay for the acquisition.

Thank you,
Read Answer Asked by Robert on June 20, 2014
Q: I am in process of migrating to an index EFT based portfolio,starting with VUN which is VTI in C$. For an index this broad, is it possible to find things that don't correlate eg Perhaps VAW a broadly based materials index would do the job?

What is the usual length of time to consider the correlation to provide reliable portfolio performance protection?

I there a source of information on correlation coefficients For any 2 ETFs? It seems to be an attribute that is much talked about but not often reduced to numerical presentation.
Should we just rely on ETF suppliers statements of perf over various periods?

I think it is an important topic and look forward to your experienced advice.
Thanks for all your advice
Ernie
Read Answer Asked by Ernie on June 20, 2014