Investment Q&A

Q: Under Aggregate Statistics in Portfolio Analytics, there is a list of top 3 Canadian stocks, US stocks and ETF/Mutual Funds. What is the criteria to establish the top 3 performers in each category? Is there a calculation undertaken by 5i Research?

Q: Can I have your opinion on the risk/reward for Small Caps in general right now? Some analysts are suggesting Small Cap valuations are currently low based on their historical position relative to larger cap companies and should “revert to the mean” in the medium term. If you were to invest in this theme what ETF would you use? As always your insights are greatly appreciated.

Q: The question is about the Communication Services sector. As I seem to recall, this sector is classified as defensive when it comes to interest rate sensitivity. But for my portfolio it is down considerably. One reason might be that there are effectively two diverse groups in this sector - streaming services, like Netflix, and telephone services, like Bell. And now for the question - given these to diverse groups in the Communication Services sector, when it comes to tracking interest sensitivity, would it be more appropriate to separate these two groups with streaming service being cyclical or sensitivity and telephone services being defense. Me, just wonder for future reference purposes. Would appreciate your take on this suggestion.......and also whether would you classify streaming services as cyclical or sensitive when it comes to interest sensitivity........Keen to hear your thoughts....Tom

Q: I have recently redeemed some mutual funds that I have held for 20 to 30 years that will produce a significant capital gain for me in 2022. I have several stocks and an ETF that have been purchased in the past few years that are showing losses in the range of $5k to $15k. This includes TOI, U, SOXX, SQ, NVDA, MFI, MSFT, WSP and AMZN. Would you suggest selling these stocks to provide a capital loss that can be applied against my capital gain in 2022? It is my understanding that I will need to wait 30 days to repurchase shares to avoid the denial of the capital loss. If you would suggest selling these stocks and ETF, should I sell now or wait until the end of 2022? And if the stocks and ETF are sold to create a capital loss before the end of 2022, do you see some future in these investments and if so, which stocks would you suggest that I repurchase after 30 days? Thank you for your insights.

Q: 1)I'm interested in uranium, do you think I should wait or buy now? What do you think of URG?
I think you like CCO in Canada, what do you like in the US?

2) I was listening to someone on BNN suggest that in times like this in the past, the bottom of the market is only in when the last rate hike is announced? What do you think?

Q: I see the premium valuations of FRC and SIVB have fallen substantially. Would you recommend starting a position in either of these two (niche) banks at these levels? Which one would you prefer and why? Thanks!

Q: Your thoughts on the recent announcement??
Thx

Q: Please comment on your opinion of Open Text considering their recent takeover plan.

Q: I hold a substantial position in the Mawer International Equity Fund and it is down about 25% YTD. What are your thoughts? hang on, move on to another Mawer Fund or get out and buy another security? Thank You.

Q: I'm thinking ahead to December and the cash that is in four family TFSAs. I'm considering moving all the cash in these TFSAs out near the end of December into a cash savings account with the broker. My thoughts about doing this is to provide more options in 2023, like transfer in securities from a trading account or transfer in the cash sufficient to purchase a new stock position. Also this would provide more flexibility with respect to the new TFSA contribution room for 2023. Well that seems to be the upside and, me, can't see any real downside to this approach. I would appreciate your take and insights about how to manage cash in an existing TFSA come the end of the year.........Thanks.........Tom

Q: may I get your opinion on this preferred , please and thank you...and also, if I may, inquire as to a site of reference detailing US prefs pertinent info...many thanks

Q: What does the market expect from ENGH this week?


Thx

Q: Dear 5i,

Is this starting to get interesting at a P/B of .53 ? If not, at what price would you consider it a BUY ? Do you consider the 4% yield safe and if so, on what metrics do you base your reasoning ?

Many thanks !

Q: I hold MG in my non registered account for retirement purpose,since this stock did drop very significantly,is this investment at risk in a medium to longer term perspective ? Would any "switch" of this stock for another ne pertinent at this value level ? Regards, Jean-Yves

Q: Hi,
I own all these 3 and down so much on PINS and U that I was thinking of selling them and adding to my NVDA position. My thinking is that over the next 3 years NVDA has the most upside and is the most solid. Without getting personal would you think this is a smart move?
Thanks

Q: Dear Peter et cal:

Two part question. You may dedut as many credits as you feel fit.

1. There are a few experts who predict 60/40 portfolio is finished for several years! I was a subscriber to Portfolio Analytics for a while and it repeatedly told me that given my answers to your algorithms , I have to stick to 60/40 split.
What do you think about 60/40 portfolio in general,, especially for the many in the pre/semi fully retirement stages. No need for personal answer. Just a general overview answer would be fine.

2. If you were to construct an ETFs based portfolio TO-DAY from scratch, would it be different from the one that we see in Canadian Money Saver? What would it look like ,if it is different? 80/20? or 70/30?

As you have indicated that you can give personalized answers, please feel free to answer in general/overview/big picture terms.

Thank you in advance
Mano.

Q: I am a vlaue investor, 76 years old, good pension. 43 stocks, 16 ETF's including the above covered call ETF's. I do have some growth holdings (IWO, LNF, WSP).All are doing well except ZIM and SYZ (not worried). My question is the covered call holdings are 10% of my portfolio. Is 10% too much? I do enjoy the $650 a month dividends which have been consistent for the past five months.
Thank you
Stanley

Q: Hi - I am just trying to better understand apartment REITs in this environment. Such REITs seem to still be in decline even though everyone is talking about how residential rents are firm and/or rising. So are apartment REITs like this one more affected by rising rates and overall mkt sentiment...than the prospect of much higher revenues? Thank you as always!!

Q: I currently own these two REITs and they have, as expected, performed very poorly in 2022 - both down more than 30% YTD. Against the backdrop of continuing rising interest rate would it be advisable to take the losses and exit the REIT sector for now?

At present prime is at 4.7% (and continues to rise, latest rumour is another 0.75% or even 1% increase), while GRT.UN yields 4.2% and DIR.UN yields about 6% these two REITs are hardly enticing investments. What is your advice on this situation? Thanks.

Q: Please comment on Engh's acquisition today& its impact. Txs for u usual great services & views