Canadian ETFs (exchange traded funds) are set up to mirror the performance of a stock market index or sub-index. They hold a more or less fixed selection of securities that represent the holdings that go into the calculation of the index or sub-index.
ETFs trade on stock exchanges, just like stocks. That’s different from mutual funds, which you can only buy at the end of the day at a price that reflects the fund’s value at the close of trading.
Prices of Canadian ETFs are quoted in newspaper stock tables and online. You pay brokerage commissions to buy and sell them, but their low management fees give them a long-term cost advantage over most mutual funds.
As well, shares are only added or removed when the underlying index changes. As a result of this low turnover, you won’t incur the regular capital gains taxes generated by the yearly distributions most conventional mutual funds pay out to unitholders.
Some leading Canadian ETFs include the iShares S&P/TSX 60 Index ETF (Toronto symbol XIU; ca.ishares.com). This ETF is a good low-fee way to buy the top stocks on the TSX. The units are made up of stocks that represent the S&P/TSX 60 Index, which consists of the 60 largest, most heavily traded stocks on the exchange. Expenses are just 0.17% of assets, and it yields 2.7%.
A second is the iShares Canadian Select Dividend Index ETF (Toronto symbol XDV; ca.ishares.com). This ETF holds 30 of the highest-yielding Canadian stocks. Its selections are based on dividend growth, yield and payout ratio. The weight of any one stock is limited to 10% of the ETF’s assets. The fund’s MER is 0.55%, and it yields 4.9%.
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These two Canadian ETFs track Canada’s best-established indexes and provide low-fee exposure to widely traded blue chip stocks.
When you invest in ETFs, simpler is generally better. And each of these two Canadian ETFs provides a straightforward approach to investing in a selection of Canada’s top… Read More
How do ETFs work best for you? The top funds track an established index and keep fees low
How do ETFs work? It all begins with the concept of indexing. Without indexing, ETFs would not exist. When you hear the word “index,” it’s referring to a.. Read More
Two Canadian Bond ETFs offering low fees and high-quality holdings
Even for our conservative investors, we caution against investing in bonds. Today’s rising interest rates make bonds unattractive, and further increases would push down their future value. But, if you need stable income and want to… Read More
Exchange traded funds (ETFs) are set up to mirror the performance of a stock market index or subindex. They hold a more or less fixed selection of securities that represent the holdings that go into calculating the index or sub-index.
Today, we look at two Canadian ETFs… Read More
Exchange traded funds (ETFs) tend to mirror the performance of a stock market index or subindex. They hold a more or less fixed selection of securities that represent the holdings that go into calculating the index or sub-index.
Here’s an ETF that holds many of the… Read More
The merits of investing in top dividend-paying companies are well known—capital gains, regular income, and lower risk. However, investors in ETFs that focus on dividend-paying companies need to be aware that the dividend payouts of ETFs are not as smooth as those of the best… Read More
Exchange-traded funds are well suited to index-tracking investment strategies. And compared to mutual funds, they generally offer investors much lower fees and higher liquidity.
It is therefore not surprising that the total amount of assets held in index ETFs globally are rapidly catching up with… Read More
The best dividend ETFs can lead to high yields and add stability to your portfolio
The best dividend ETFs will practice “passive” fund management, in contrast to the “active” management that conventional mutual funds or some new ETFs provide at much higher costs.
As a result of… Read More
Canadian ETF assets under management totalled $211.4 billion by the end of May, 19% more than 12 months earlier. So far this year, stock market ETFs have attracted $12.7 billion followed by fixed-income funds. They attracted $4.0 billion in inflows.
Despite the economic uncertainty associated with… Read More
Do you want the best Canadian dividend ETF investments to be part of your portfolio? We can teach you how to find them
We still think investors will profit most—and with the least risk—by buying shares of well-established, dividend-paying stocks with strong business prospects. A Canadian… Read More
Learn everything you need to know in 'The ETF Investor's Handbook' FREE Special Report from The Successful Investor.
ETFs Guide for Canadian Investors: Find the best way to invest in ETFs with low fees, low risk & high satisfaction.
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What personal information do we collect?
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
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