These ETFs aim to cut portfolio risk

Diversification is a key part of our approach to successful investing. Done right, it can help investors cut the overall risk of their portfolios. Here’s a look at two different approaches: one ETF holds bonds in addition to stocks; the other invests globally in real… Read More

Sustainable ETFs won’t give you an edge

BMO launched seven environmental, social and governance (“ESG”) funds on January 21, 2020; these include a balanced fund, equity funds, and bond funds. Here’s a look at two of them:
Sustainable investing offers some investors a lot of conceptual and emotional appeal. But does investing in… Read More

These three ETFs rely on asset allocation

Fund providers in Canada and the U.S. continue to actively introduce new ETFs. This month we highlight three recent additions.
Bank of Montreal (BMO) recently launched three asset allocation ETFs that invest in other BMO ETFs.
Each of the three ETFs acts as “fund of funds,” with its… Read More

Bond holdings limit these Vanguard ETFs

Earlier this year, Vanguard Canada added a fourth balanced fund (a mix of stock ETFs and bond ETFs) to three others that it launched in January 2018.
Here’s a look at all four of these ETFs:
VANGUARD CONSERVATIVE INCOME ETF PORTFOLIO $25.81 (Toronto symbol VCIP), holds roughly 20% of… 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;, 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

Hi Pat: Could you give me your thoughts on these two mutual funds: AGF Elements Yield Portfolio and the Brandes Sionna Canadian Equity Fund?

AGF Elements Yield Portfolio Fund uses a number of different managers. The fund aims to give investors “diversification” by combining different investment-management styles. We think this approach is inferior to management by an experienced and proven individual.

As well, the fund is a balanced fund, and… Read More

Hi Pat. I bought some mutual funds a few years ago that I would like to consolidate. I would really appreciate your view: Mawer New Canada Fund, Saxon Stock Fund, Saxon Balanced Fund and Saxon Small Cap Fund. Thanks!

The Mawer New Canada Fund holds high-quality, smaller-capitalization stocks, well-balanced across the five main economic sectors. Mawer New Canada Fund is okay to hold.

Saxon Stock Fund holds a number of high-quality, large-capitalization stocks. However, it also holds a few speculative stocks we don’t recommend. The… Read More