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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: PFD.UN - are you familiar with this new product? It makes sense...but I'm uncertain as it has no track record. Any thoughts?

Description from website:
The Limited Duration Investment Grade Preferred Securities Fund’s investment objectives are to provide shareholders with: (i) a stable stream of monthly distributions; (ii) to preserve the net asset value (“NAV”) per Unit; and (iii) to reduce the risk of rising interest rates by managing Portfolio duration. The Portfolio will be actively managed by Nuveen, seeking to capitalize on historically wide credit spreads currently available in the market.
The Fund will invest at least 80% of the Total Assets in preferred securities (including hybrid securities), at least 80% of the Total Assets in Investment Grade securities and 100% of the Total Assets in U.S. dollar denominated securities.

“Investment Grade” refers to a security / issuer, which, at the time of purchase, has at least one of the following ratings: (i) at least BBB- by S&P; (ii) at least Baa3 by Moody’s Investor Services, Inc.; (iii) at least BBB- by Fitch Ratings, Inc.; or (iv) the equivalent rating by another “approved rating organization” as defined in NI 81-102


Thanks!
Read Answer Asked by Norman on September 04, 2013
Q: Hi Peter & Team,

I am holding TOL and NGL for takeover possibility. Do you think any of these is worth holding for this reason. TOL is doing fine as it is up but NGL is down about 15% since I bought. I looked the CPS for both and they look pretty good. What do you think?
Read Answer Asked by Imtiaz on September 04, 2013
Q: Hi Peter and Team, I would appreciate your thoughts and opinions on the definitive agreement Novus, NVS, has entered into before the markets open. Sell when they begin trading again? Thanks!
Read Answer Asked by Hussein on September 04, 2013
Q: Hi Peter and Team, I would appreciate your thoughts and opinions on the definitive agreement Novus, NVS, has entered into before the markets open. Sell when they begin trading again? Thanks!
Read Answer Asked by Hussein on September 04, 2013
Q: Hello Peter and associates, you have mentioned the savings available if one can buy several of the big banks instead of ZEB. I would like some bank(s) exposure (approx. $20,000.00 total). Of the "big six" banks in Canada can you tell which two you like the least? Also, if I buy ZEB it is eligible I understand for a partial drip program and I could reinvest in units, but if I bought a number of banks individually each quarterly dividend might not be enough to purchase a full share of each stock as the dividend is received, so I would be "eroding" some of the savings? Thank you, Bill.
Read Answer Asked by Bill on September 04, 2013
Q: goood evening , I would like it if you could give me a brief definition of the terms green field and brown field projects . I hear these terms on various financial shows but i don't know what they mean. Thank you for your time.
Read Answer Asked by jim on September 03, 2013
Q: Hi Peter and Team,

Your thoughts on Raging River Exploration (RRX) would be much appreciated. Many pundits on local tv suggest a dividend is in the near future. I know how much Peter loves when a company declares it's first ever div. Am i okay to add to my position at current levels or should I wait for a pullback? If you believe a div is in the near future, any idea how much it would pay ?
Also, any chance somewhat buys them out ? if so, who is a likely suitor?
Many thanks, as always.
Read Answer Asked by Scott on September 03, 2013
Q: HI 5I,
I've held J D S Uniphase (JDU) for quite some time. Is this a stock that might eventually come back to its higher past prices or is it one that might fit the below C category right now. Could you give me your thoughts on it. Thanks.
kc
Read Answer Asked by Keith on September 03, 2013
Q: My daughter has $27,600. in RRSP. Shares in HR.un and Leg and $14,000. in cash. Should HR & Leg be sold, both are down. Any
idea what to purchase with the cash? If ETF which one?

Thank you
Helen
Read Answer Asked by Helen on September 03, 2013
Q: Peter,

What are your thoughts on Fiera's deal announced today, strategy to grow through acquisition in the competitive US Wealth Management market and valuation on assets acquired?

Thanks,
Zach
Read Answer Asked by Zach on September 03, 2013