Comments on: Sleepy Portfolio 3Q-2009 Report Card

By: Sleepy Mini Portfolio Q1-2010 Update | Canadian Capitalist

Sleepy Mini Portfolio Q1-2010 Update | Canadian Capitalist — Tue, 02 Mar 2010 03:12:53 +0000

[...] 1st, 2010 · No Comments Since my previous update the returns of the Sleepy Mini Portfolio has been, well, sleepy. The portfolio has more or less [...]

By: Jeff

Jeff — Tue, 12 Jan 2010 03:53:08 +0000

I’m curious about the choice to keep 5% in cash. What’s behind this? Is it so that you have some cash on hand in case your “sleep” is interrupted by some opportunity? Isn’t having cash in a long-term portfolio a bit of a missed opportunity? j

By: Darren

Darren — Wed, 06 Jan 2010 04:50:24 +0000

What T-Bill Fund do you use for the cash portion of your portfolio? I had looked into the Claymore Premium Money Market ETF … given the current return it doesn’t make sense after trading fees.

By: Canadian Capitalist

Canadian Capitalist — Mon, 04 Jan 2010 22:23:21 +0000

@Matt: When I included XIC in the Sleepy Portfolio, the memory of Nortel’s heavy weighting in XIU was still fresh. In fact, IIRC, XIC did not even track the S&P TSX Composite then. It was a capped version of the TSX 60 while XIU tracks the uncapped TSX 60 index.

There is likely to be very little difference between XIU and XIC in terms of returns over the long haul. XIU is slightly cheaper and more liquid. XIC tracks a broader index but over the long-term, they should pretty much be in sync because XIU’s components account for the bulk (roughly 80%) of XIC’s holdings. I picked XIU because it is slightly cheaper.

By: Matt

Matt — Mon, 04 Jan 2010 18:23:31 +0000

Could you please explain why there is a difference between what you suggest for the canadian equity in the sleepy portfolio, XIC, and what you have in your personal portfolio, XIU?

I understand that XIC has its weightings capped but why have you chosen XIU for your personal porfolio?

Thanks!

By: RatRace

RatRace — Tue, 22 Dec 2009 23:07:45 +0000

@Canadian Capitalist: Great! I am looking forward to read about dividend yield with your portfolio.

Out of curiosity, I calculated the dividend yield I got this year for my TD e-series portfolio account. It’s 2% with the following : 16% cdn bond, 28% Intl, 28% cdn idx, 28% us idx.

By: Canadian Capitalist

Canadian Capitalist — Tue, 22 Dec 2009 15:31:50 +0000

@RatRace: The yield of this portfolio should be around 2.5 to 3 percent. Since, the stock portion of the portfolio is invested in broad-market funds, the dividend yield is low. You could boost the yield a bit by giving the portfolio a value tilt. I’ll probably do a future post on the dividend yield of this portfolio. Thanks for the idea.

By: Sampson

Sampson — Tue, 22 Dec 2009 15:18:03 +0000

@RatRace,

My wife’s ETF portfolio has a yield of over 4%. We made a bunch of good buys earlier this year, combined with some higher yielding securities (REIT ETFs) and some ‘value’ based indexes make for some pretty good dividends/distributions. Keep in mind some ETFs (small caps, and some foreign/emerging markets) don’t have any distributions at all.

By: RatRace

RatRace — Tue, 22 Dec 2009 12:53:21 +0000

I am wondering what is the dividend yield of such a portfolio… do you have the number ?
I would like my TFSA to be future retirement money available in addition of my RRSP. I am looking for a portfolio that would be indexed ETF based and also bring decend amount of dividend that could be drip in the future…
would that kind of portfolio a solution ? any suggestion ? Thanks.

By: Cynical Investor

Cynical Investor — Tue, 22 Dec 2009 07:55:59 +0000

Only 17% gain in 4 years, that’s not for me I would have said when I started investing (roughly in 2005).

Now I would be happy if my non-registered accounts showed only 15% loss like my RRSP account (due to the contribution limit I had to be more selective plus I invested in TD e-Funds)