Blue chip ETFs focus on Canada

Blue chip ETFs focus on Canada

These two blue chip ETFs hold mostly large-capitalization, widely traded stocks on the Canadian exchange. Both funds mirror, or track, the performance of major stock market indexes as opposed to narrower ones focused on resources or themes, such as solar power or biotech.
Blue chip ETFs… Read More

Spinoffs & Takeovers Hotline – Friday, June 3, 2022

HERCULES CAPITAL INC., $14.07, symbol HTGC on New York, is a business development company (BDC).

Hercules provides senior secured loans to high-growth venture capital-backed companies in innovative industries, including technology, life sciences, and sustainable and renewable technologies.

As well, through its wholly owned subsidiary, Hercules Adviser LLC,… Read More

IGM expands in China

POWER CORP., $41.71, is a buy. The conglomerate (Toronto symbol POW; Shares o/s: 621.8 million; Market cap: $28.2 billion; TSINetwork Rating: Above Average; Yield: 4.7%; owns 61.8% of IGM Financial (symbol IGM on Toronto). IGM is Canada’s largest independent mutual-fund provider with a total of $270.0 billion in… Read More