Dear Pat and team: I have a numbered company, with equity holdings I must sell off over four years. My accountant has advised me to sell roughly 25% of the value of its equities each year, for the next four years. Could you recommend which ones to sell in what order to account for about 25% of the total value each year? Here’s the list:

CI Canadian Bond Fund

 $ 31,286

CI Canadian Equity

 $ 73,406

CI Corporate Bond

 $ 37,783

iShares Cdn S&P/TSX60

 $ 22,640

iShares MSCI JAPAN ETF

 $ 22,640

BCE Inc.

 $ 7,592

SPDR S&P China ETF

 $ 6,783

WestJet Airlines

 $ 12,090

Cash

 $ 3,489

TOTAL Investments

 $ 217,710

A: We don’t generally recommend that investors hold mutual funds, mostly because of their higher fees.
In particular,… Read More

Hi Pat: I currently own two ETFs that I’m debating whether to sell or keep holding: the BMO MSCI All Country World High Quality Index ETF and the iShares MSCI All Country Asia ex Japan ETF. Thanks.

BMO MSCI All Country World High Quality Index ETF, $23.57, symbol ZGQ on Toronto (Units outstanding: 1.4 million; Market cap: $33.0 million; www.etfs.bmo.com), aims to replicate the performance of the MSCI All Country World High Quality Index. Bank of Montreal launched the ETF on November… Read More