Q: Pat, what do you think of me holding the BMO Low Volatility Canadian Equity ETF to lower the overall volatility of my portfolio? Thanks.

A: The BMO Low Volatility Canadian Equity ETF, $33.51, symbol ZLB on Toronto (Units outstanding: 72.8 million; Market cap: $2.4 billion;
www.etfs.bmo.com), provides exposure to a low beta-weighted portfolio of Canadian stocks. The aim is to reduce your exposure to market volatility.
The ETF selects 40 or… Read More

Get a 5.0% yield from Bank of Nova Scotia

Get a 5.0% yield from Bank of Nova Scotia

Despite the economic disruption brought on by COVID-19, including a 20.3% earnings drop in the fourth quarter, this bank still enjoys excellent prospects.

The stock trades at just 11.5 times the company’s 2021 earnings forecast.

BANK OF NOVA SCOTIA (Toronto symbol BNS; www.scotiabank.com) set aside $1.13 billion… Read More