Pennsylvania-based Vanguard Group is one of the world’s largest investment management companies. The group manages over $1.7 trillion U.S. in 170 mutual funds.
Vanguard, which went into business in 1975, offers low-fee index mutual funds. Generally speaking, Canadians can’t buy units of mutual funds that are registered in the U.S., because they aren’t registered with provincial securities commissions. For that …read more »
Chinese stocks are up over 30% since September 2011. That’s largely because investors believe that a global recovery will raise China’s exports and improve its domestic economy. As well, the country’s inflation rate is easing. That gives it more options to boost growth, including cutting interest rates.
Here are two Chinese exchange traded funds (ETFs) that we cover in Canadian Wealth …read more »
Vietnam’s economy is growing quickly, largely due to the country’s rising exports and low wages: its labour and production costs are as little as one-third of similar costs in China. Vietnam also has a large future labour pool: over 50% of its population of 85 million is under 25 years of age.
The country’s high inflation rate is slowing, and could …read more »
You may find that exchange-traded funds (ETFs) have a place in your portfolio. Unlike many other financial innovations, they don’t load you up with heavy management fees or tie you down with high redemption charges if you decide to withdraw. Instead, they give you a low-cost, flexible, convenient alternative to mutual funds.
They have another advantage. Since shares are only …read more »
In September, gold hit an all-time high of $1,900.30 U.S. an ounce. It now trades at around $1,750.30 U.S. Silver reached an all-time high in April, when it hit $49.76 U.S. an ounce. It has since pulled back to today’s price of $33.07 U.S.
Gold and silver could well regain their highs and move up even further over the longer term, …read more »
SPDR DOW JONES INDUSTRIAL AVERAGE ETF $109.28 (New York symbol DIA; buy or sell through brokers; www.spdrs.com) holds the 30 stocks that make up the Dow Jones Industrial Average.
The fund’s top holdings are IBM, ExxonMobil, Chevron Corp., 3M, Johnson & Johnson, McDonald’s Corp., Coca-Cola Co., Caterpillar Inc., United Technologies and Procter & Gamble. The fund’s expenses are about 0.18% of …read more »
SPDR S&P 500 ETF $114.42 (New York symbol SPY; buy or sell through brokers; www.spdrs.com) holds the stocks in the S&P 500 Index, which consists of 500 major U.S. stocks that are chosen based on their market cap, liquidity and industry group.
The index’s highest-weighted stocks are Exxon-Mobil, Microsoft, Procter & Gamble, Apple, Wells Fargo & Co., Johnson & Johnson, IBM, …read more »
VANGUARD EMERGING MARKETS ETF $43.93 (New York symbol VWO; buy or sell through brokers) aims to track the MSCI Emerging Markets Index, which is made up of common stocks of companies located in emerging markets around the world. The fund has an MER of 0.22%.
The fund’s top holdings are Petroleo Brasileiro SA (Brazil: oil and gas), Vale SA (Brazil: mining), …read more »
VANGUARD GROWTH ETF $60.58 (New York symbol VUG; buy or sell through brokers) aims to track the MSCI U.S. Prime Market Growth Index, a broadly diversified index that mainly consists of stocks of large U.S. companies. The fund has an MER of just 0.14%.
The $21.0-billion fund’s top holdings are Apple Inc., IBM, Google, Coca-Cola, Microsoft, Philip Morris International, Oracle Corp., …read more »
Pennsylvania-based Vanguard Group is one of the world’s largest investment-management companies. The group manages over $1 trillion U.S. in 150 mutual funds.
Vanguard, which went into business in 1975, offers low-fee index mutual funds. Generally speaking, Canadians can’t buy units of mutual funds that are registered in the U.S., because they aren’t registered with provincial securities commissions. For that matter, some …read more »