An easy solution for my latest RRSP contribution: JFT Strategies Fund (JFS.UN)

I enjoyed a few days off. The weather is actually nice in New Brunswick these days, it's really not too cold. We have received some snow today, but nothing much compared to other locations like Montreal. A few days ago, all of our snow was almost gone.

While enjoying myself, the TSX wasn't doing so great. It's not fun to be behind the 20,000 points, especially now that we are about to close the year 2022 in the next two weeks. My non-registered portfolio closed this past Friday's session at $140,131.10, my US portfolio at $5,349.29 US, my RRSP stocks-only portfolio at $62 037,25, and my TFSA portfolio at $121,823.02. This is quite rough because I was just doing so well and I could easily imagine my non-registered portfolio jumping into the 150k without too much effort - until recently.

A few days ago, I made a contribution to my RRSP inside my National Bank Brokerage account. The money had arrived, but I didn't invest it yet. Now that stocks are trading lower, it's a good time to buy. My RRSP contribution for 2022 is now a bit over $6,000. I hope it will be enough to receive a reimbursement of $1,000. At work, they are pretty good dealing with taxes and stuff. I have always been able to receive a tax reimbursement while adding only an extra 2 or 3 thousand to my RRSP contribution. I had been doing so in recent years.

Since I now have some fresh new cash to invest in my RRSP portfolio, the time has come to invest! I am trying to making sound fun, but at the same time, I am not quite sure what to invest in. I am already heavily exposed to stocks overall, and for my RRSP, I like the idea of investing in something that may be more conservative, even if most of what I hold in my portfolios are, in my opinion, conservative stocks. I guess overall my idea is to have some money invested more safely.

Unfortunately, I didn't come up with many ideas. I am no longer subscribed to Stockopedia and it could be a bit more difficult for me to come up with some very awesome stock ideas. However, I don't have any regret. I could subscribe again in a few months, and I will probably take one or two months later on in 2023 - or until I cannot stand it anymore. I had subscribed to Stockopedia for several years.  

 and the money got transferred to my RRSP portfolio for several days now. I am not in a rush, but I like to have my money invested.

My easy way out would be to invest in JFT Strategies Fund (JFS.UN). JFS.UN is not a stranger to my investment portfolios. I already own some JFS.UN units in my TFSA portfolio and RRSP portfolio. I was looking into the Timelo Investment Management Inc. Web site, and I find out that they offer not one, but two funds: Timelo Strategic Opportunities Fund and the JFT Strategies Fund. From my understanding, the Timelo Strategic Opportunities Fund is a closed hedge fund. Both Timelo Strategic Opportunities Fund and JFT Strategies Fund (JFS.UN) appear to have similar performance, and both funds share similar holdings, including Total Energy Services Inc. (TOT). The fact that TOT is both from Timelo Strategic Opportunities Fund and the JFT Strategies Fund means something.

I could invest a few dollars into TOT as a small investment. In my non-registered portfolio, my main investment is Pembina Pipeline Corporation (PPL). I am also invested in ENB, and TRP. I am already quite invested in the oil sector, but I don't see any hurt to invest in TOT, but maybe not for my RRSP. Overall, I already have a big exposure to stocks. For now, I think investing in some JFT Strategies Fund (JFS.UN) units for my RRSP portfolio could be beneficial.