Our latest advice on six popular ETFs

Exchange traded funds (ETFs) are set up to mirror the performance of a stock market index or sub-index. They hold a more or less fixed selection of securities that represent the holdings that go into the calculation of the index or sub-index.

ETFs trade on… Read More

Updating Power Corp., Pengrowth Energy and TD Bank

POWER CORP. $33.52 (Toronto symbol POW; Shares outstanding: 412.6 million; Market cap: $15.5 billion; TSINetwork Rating: Above Average; Div. yield: 3.5%; www.powercorporation.com) is a diversified holding company. It holds its financial assets through 65.7%-owned Power Financial.

These financial assets include 68.1% of Great- West Lifeco,… Read More

Pat: What do you think about these three ETFs: iShares Canadian Financial Monthly Income ETF, iShares Global Monthly Dividend Index (CAD-Hedged) ETF and the iShares S&P/TSX Canadian Dividend Aristocrats Index ETF?

iShares Canadian Financial Monthly Income ETF, $6.99, symbol FIE on Toronto (Units outstanding: 45.0 million; Market cap: $314.6 million; www.blackrock.com), is a balanced fund with 16% of its assets in bonds and 16% in preferred shares. The other 68% is in common stocks.

We don’t generally… Read More

The Successful Investor Hotline – Friday, February 20, 2015

RESTAURANT BRANDS INTERNATIONAL INC., $52.21, Toronto symbol QSR, took its current form on December 12, 2014, as a result of Burger King Worldwide’s (old symbol BKW) acquisition of Tim Hortons Inc. (old symbol THI).

Restaurant Brands is the world’s third-largest fast-food chain, after McDonald’s and Yum… Read More

Updating Power Corp., Imperial Oil and Pengrowth Energy

POWER CORP. $31.38 (Toronto symbol POW; Shares outstanding: 412.6 million; Market cap: $15.1 billion; TSINetwork Rating: Above Average; Divd. yield: 3.7%; www.powercorporation.com) is a diversified holding company. It holds its financial assets through 65.7%-owned Power Financial.

These financial assets include 68.1% of Great- West Lifeco,… Read More

POWER CORP. $31.38 – Toronto symbol POW

POWER CORP. $31.38 (Toronto symbol POW; Shares outstanding: 412.6 million; Market cap: $15.1 billion; TSINetwork Rating: Above Average; Divd. yield: 3.7%; www.powercorporation.com) is a diversified holding company. It holds its financial assets through 65.7%-owned Power Financial.

These financial assets include 68.1% of Great- West Lifeco, one… Read More

IGM FINANCIAL INC. $44 – Toronto symbol IGM

IGM FINANCIAL INC. $44 (Toronto symbol IGM; Conservative Growth Portfolio, Finance sector; Shares outstanding: 251.6 million; Market cap: $11.1 billion; Price-to-sales ratio: 4.0; Dividend yield: 5.1%; TSINetwork Rating: Above Average; www.igmfinancial.com) had $141.9 billion of assets under management on December 31, 2014, up 7.7% from… Read More

Updating Shawcor Ltd., Encana Corp. and IGM Financial Inc.

SHAWCOR LTD. $38 (Toronto symbol SCL; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 64.5 million; Market cap: $2.5 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.6%; TSINetwork Rating: Average; www.shawcor.com) makes sealants and coatings that keep oil and gas pipelines from rusting. It also… Read More

IGM FINANCIAL INC. $48 – Toronto symbol IGM

IGM FINANCIAL INC. $48 (Toronto symbol IGM; Conservative Growth Portfolio, Finance sector; Shares outstanding: 251.7 million; Market cap: $12.1 billion; Price-to-sales ratio: 4.3; Dividend yield: 4.7%; TSINetwork Rating: Above Average; www.igmfinancial.com) is Canada’s largest independent mutual fund company. Power Financial (Toronto symbol PFC) owns 58.7%… Read More