asset management
SAVARIA CORP., $16.81, symbol SIS on Toronto, designs and builds mobility products for consumers. These include home elevators, commercial lifts, stairlifts, ceiling lifts, and adapted vehicles. The business has manufacturing facilities in North America, Europe, Mexico and China....
MANULIFE FINANCIAL CORP. $33 is a buy. The company (Toronto symbol MFC; Conservative-Growth Payer Portfolio; Finance sector; Shares outstanding: 1.8 billion; Market cap: $59.4 billion; Dividend yield: 4.8%; Dividend Sustainability Rating: Above Average; www.manulife.ca) is Canada’s largest life insurer....
IGM FINANCIAL INC. $35 is a buy. The company (Toronto symbol IGM; Conservative-Growth Payer Portfolio, Finance sector; Shares outstanding: 238.2 million; Market cap: $8.3 billion; Dividend yield: 6.4%; Dividend Sustainability Rating: Above Average; www.igmfinancial.com) is Canada’s largest independent asset management provider with $247.5 billion in assets under management and administration as of February 29, 2024....
GUESS? INC., $24.91, symbol GES on New York, is a Los Angeles-based clothing company for women’s, men’s, and children’s products. It also licenses the Guess name to other companies for eyewear, watches, jewellery, and other categories outside its core business.
As of October 28, 2023, the company operated 1,015 of its own stores in Europe, the Americas, and Asia....
As of October 28, 2023, the company operated 1,015 of its own stores in Europe, the Americas, and Asia....
Often-overlooked Trisura Group is up a whopping 597% since its spinoff from Brookfield and its earnings just shot up a whopping 50.2% in the most-recent quarter. It’s a top pick.
BMO Asset Management recently added seven ETFs to their already extensive lineup. Here’s a look at two of these funds—one takes long and short positions in Canadian equities and a second aims to participate in U.S. stock gains while also providing some downside protection.
BMO LONG SHORT CANADIAN EQUITY ETF $30.86 (Toronto symbol ZLSC) aims to provide income and capital appreciation by taking both long (stocks expected to go up) and short (stocks expected to drop) positions in Canadian companies....
TRISURA GROUP LTD. $31 remains a buy for aggressive investors. The company (Toronto symbol TSU; Finance Sector; Shares outstanding: 47.4 million; Market cap: $1.5 billion; No dividend paid; Takeover Target Rating: Medium; www.trisura.com) took its current form on June 22, 2017, when Brookfield Asset Management Inc....
While we recommend most income-seeking investors stick with Canada’s big banks like Royal (see page 91), non-bank stocks like these three are a great way to diversify your Finance sector holdings and earn solid dividends.
IGM FINANCIAL INC....
The best TSX ETF is a low-cost, tax-efficient way to hold stocks. Investors get a traditional mutual fund’s exposure but with nominal fees.
Rising interest rates boost bond yields and their appeal with investors. Conversely, rising rates can hurt the appeal of high-yield utilities, and their shares, since those companies must pay higher interest on their debt. Still, top utilities remain financially healthy and continue to expand and pay dividends....