Spinoffs & Takeovers Hotline – Friday, July 9, 2021

HELIOS TECHNOLOGIES, $78.80, symbol HLIO on Nasdaq, develops and sells hydraulic and electronic control systems.

The company’s Hydraulics segment serves diverse markets including material handling, construction equipment, agriculture, and specialized vehicles. Through its Sun Hydraulics and Faster Group units, it also serves the energy market and… Read More

We think passive ETFs beat active over time

For some time, most U.S. fund managers have focused on offering passive ETF management (more on that below). They do not offer actively managed ETFs because of the reluctance of those funds to meet daily disclosure requirements on portfolio actions.
Meanwhile, in Canada, the rules and… Read More

Fund buys for North American growth

FIDELITY TRUE NORTH FUND $24.80 (CWA Rating: Conservative) (Fidelity Investments Canada, 483 Bay St., Suite 200, Toronto, Ont. M5G 2N7. 1-800-263-4077; Web site: www.fidelity.ca. Load fund — available from brokers) invests in companies that the managers see as undervalued. They base their judgments on fundamentals,… Read More

Fidelity buys for North American gains

FIDELITY CANADIAN LARGE CAP FUND $24.05 (CWA Rating: Conservative) (Fidelity Investments Canada, 483 Bay St., Suite 200, Toronto, Ont. M5G 2N7. 1-800-263-4077; Web site: www.fidelity.ca. Load fund — available from brokers) mainly invests in large firms, like those on the S&P/TSX 60 index, although it… Read More

Fund buys for a North American rebound

FIDELITY GROWTH AMERICA FUND $11.98 (CWA Rating: Conservative) (Fidelity Investments Canada, 483 Bay St., Suite 200, Toronto, Ont. M5G 2N7. 1-800-263-4077; Web site: www.fidelity.ca., load fund — available from brokers) uses a broad “bottom-up” approach to identify undervalued companies using fundamentals, such as earnings, dividend… Read More

A Large-cap Fund We Like

FIDELITY CANADIAN LARGE CAP FUND $17.11 (CWA Rating: Conservative) (Fidelity Investments Canada, 483 Bay St., Suite 200, Toronto, Ont. M5G 2N7. 1-800-263-4077; Web site: www.fidelity.ca. Load fund — available from brokers) invests mostly in large-sized firms like those on the S&P/TSX Index, although it may… Read More

Two Large-cap Fund Buys from Fidelity Investments

FIDELITY GROWTH AMERICA FUND $18.32 (CWA Rating: Conservative) (Fidelity Investments Canada, 483 Bay St., Suite 200, Toronto, Ont. M5G 2N7. 1-800-263-4077; Web site: www.fidelity.ca. Load fund — available from brokers) uses a broad “bottom-up” approach to identify undervalued companies using fundamentals such as earnings, dividend… Read More

Large-cap Funds With a Canadian Focus

TRIMARK CANADIAN FUND $18.44 (CWA Rating: Aggressive) (AIM Funds Management Inc., 5140 Yonge Street, Suite 900, Toronto, Ontario M2N 6X7. 1-800-631- 7008; Website: www.aimfunds.ca. Buy or sell through brokers.) uses a bottom-up stock-picking style (using fundamentals such as earnings, cash flow and low debt) that… Read More

Fidelity Focus Consumer Industries Fund $17.03

FIDELITY FOCUS CONSUMER INDUSTRIES FUND $17.03 (CWA Rating: Aggressive) (Fidelity Investments Canada, 483 Bay St., Suite 200, Toronto, Ont. M5G 2N7. 1-800-263-4077; Web site: www.fidelity.ca. Load fund — available from brokers) invests mainly in U.S. consumer goods and services companies. Consumer spending is a key… Read More