ISHARES MSCI CANADA INDEX FUND $25.90 - New York symbol EWC

ISHARES MSCI CANADA INDEX FUND $25.90 (New York symbol EWC; buy or sell through brokers; ca.ishares.com) holds the stocks in the Morgan Stanley Capital International Canada Index. The fund has a 0.48% MER and yields 1.6%.

The index’s top holdings are Royal Bank, 7.2%; TD Bank, 6.4%; Valeant Pharmaceuticals, 6.0%; Bank of Nova Scotia, 5.1%; CN Railway, 3.9%; Suncor Energy, 3.3%; Enbridge, 3.3%; Bank of Montreal, 3.1%; and Manulife Financial, 3.0%.

If you want to own a Canadian index fund, you should buy the iShares S&P/TSX 60 Index Fund (see previous page). You’ll pay about a third of the management fees.

We don’t recommend iShares MSCI Canada Index Fund.

A professional investment analyst for more than 30 years, Pat has developed a stock-selection technique that has proven reliable in both bull and bear markets. His proprietary ValuVesting System™ focuses on stocks that provide exceptional quality at relatively low prices. Many savvy investors and industry leaders consider it the most powerful stock-picking method ever created.