Q: Pat, I recently heard about Hamilton Enhanced Canadian Bank ETF (HCAL-TSX). Do you think this is a good way to invest in all the banks rather than try to find the best one(s) to buy individually?

A: Hamilton Enhanced Canadian Bank ETF, $28.52, symbol HCAL on Toronto, (Units outstanding: 13.5 million; Market cap: $385.0 million; www.hamiltonetfs.com), aims to track the Solactive Canadian Bank Mean Reversion Index.

This index invests in the biggest six Canadian banks—TD, Bank of Montreal, Royal Bank, CIBC, Bank… Read More

Good time to buy U.S. big banks

U.S. banks have improved their operations considerably since the financial crisis a decade ago. Key performance indicators, such as their net interest margins, are once again approaching pre-crisis levels. A slower-than-expected rise in interest rates, however, has limited investor interest. Still, leading banks should continue… Read More