Dividend vs. Index Investing, or Both?

Dividend vs. Index Investing, or Both?

What are the key differences between dividend and index investing?
Dividend investing focuses on stocks that pay regular cash distributions to shareholders, while index investing aims to replicate the performance of a broad market index by holding a diversified portfolio of securities.

One big advantage of index… Read More

Q: Can I get your opinion on the Global X Gold Producer Equity Covered Call ETF? It offers a very high yield for holding gold stocks. Thanks.

A: Global X Gold Producer Equity Covered Call ETF, $27.75, symbol GLCC on Toronto, (Units outstanding: 8.4 million; Market cap: $233.1 million; www.globalx.ca) invests in an equal-weighted portfolio of North American-listed gold mining companies.

The ETF’s portfolio currently holds 10 stocks, with all the top producers… Read More

The Hidden Drawbacks of Split-Share Corporations

The Hidden Drawbacks of Split-Share Corporations

Split-share corporations come with inherent drawbacks that can hand investors unexpected and unwelcomed costs sooner than they’d planned
Split-share corporations: they’re just one of the areas in which Pat McKeough’s Inner Circle can get our investment research. Members also get to ask investment questions of Pat… Read More

Two new ETFs for Canadian investors

This month we look at new ETFs that use derivative instruments to target specific investment outcomes. The BMO U.S. Equity Buffer ETF aims to offer upside market gains, combined with limited protection against market declines. The Harvest Industrial Leaders Income ETF aims to supplement the… Read More

A Yield to Caution: Brompton Lifeco Split Corp.

BROMPTON LIFECO SPLIT CORP. $6.76 (Toronto symbol LCS; Shares outstanding: 6.1 million; Market cap: $41.2 million; Dividend yield: 12.9%; www.bromptongroup.com) holds shares of Canada’s four largest publicly listed life insurance companies.
These are Sun Life Financial, Manulife Financial, Great-West Lifeco and iA Financial. The company holds the four… Read More

Two new ETFs for Canadian investors

Last year, Canada saw the listing of 164 new ETFs. This month we highlight two of the most successful new launches in 2023. The first is an balanced ETF, while the second invests in technology companies with a covered call strategy.
PURPOSE ACTIVE BALANCED ETF $21.61 (Toronto symbol… Read More

Pass on this ETF: BMO Covered Call Canadian Banks ETFs

BMO COVERED CALL CANADIAN BANKS ETF $17.30 (Toronto symbol ZWB) holds shares of Canada’s six largest banks (CIBC, TD Bank, Bank of Montreal, Bank of Nova Scotia, Royal Bank and National Bank).
The fund started up in January 2011. Its MER is a relatively high 0.71%.
BMO Canadian High Dividend Covered… Read More

A Yield to Caution: Financial 15 Split Corp.

FINANCIAL 15 SPLIT CORP. $7.81 (Toronto symbol FTN; Shares o/s: 47.4 million; Market cap: $370.2 million; Dividend yield: 19.5%; www.quadravest.com) holds shares of 15 big Canadian and U.S. financial companies.
These include Bank of Nova Scotia, TD Bank, Manulife, Sun Life, CI Financial, Bank of America, Citigroup, Goldman… Read More