canadian

The month of November saw strong gains for stocks, commodities, and energy. This comes after the conclusion of the U.S. Presidential election and promising announcements from several pharmaceutical companies regarding COVID-19 vaccines.


At the broad market level, the Vanguard Total World Stocks ETF (VT) gained 10% in the month, the Vanguard S&P 500 ETF (VOO) climbed 7.5%, and the iShares MSCI Canada Equity ETF (EWC) rose 10.9%....

In Canada, stock market ETFs continue to attract new money—almost $20 billion flowed into these products this year through to the end of October. Most of that money went to funds focused on international markets, excluding Canada and the U.S.


Fixed-income ETFs also attracted strong inflows of more than $11 billion so far this year....

CI FIRST ASSET TECH GIANTS COVERED CALL ETF $20.16 (Toronto symbol TXF) invests in what it sees as 25 of the most innovative U.S. technology companies. These include Apple, Alphabet, Microsoft, Nvidia, Adobe and Amazon.


First Asset Tech Giants has a very high 9.3% yield....

The best ETFs have several advantages over traditional mutual funds. Still, their generally lower fees are a major plus. One reason for those lower fees is the simple index-tracking approach of traditional ETFs while many mutual funds are actively managed.


Those lower fees are the primary reason investors are opting for the cheaper ETF alternatives....

The COVID-19 pandemic has significantly impacted the global economy. Some businesses—like online retailers and video conferencing providers— have thrived. Many others have suffered, with their demand disappearing overnight. However, as businesses and consumers continue to adjust—and vaccines are distributed—these funds aim to strongly benefit from that recovery....

Fortis Inc. is a long-term favourite of ours for both growth and income. It now yields 3.9%. The company gets most of its revenue from regulated electrical and gas operations in North America, which gives it steady cash flow for its dividend. In fact, it now plans to raise its annual dividend rate by 6% each year through 2025....

ANDREW PELLER LTD. $11 is still a buy. The company (Toronto symbol ADW.A; Conservative Growth Payer Portfolio, Consumer sector; Shares o/s: 43.7 million; Market cap: $480.7 million; Dividend yield: 2.0%; Dividend Sustainability Rating: Above Average; www.andrewpeller.com) is Canada’s second-largest wine producer, after Arterra Wines (formerly the Canadian division of Constellation Brands)....

Canadian finance regulators have instructed banks and other big financial institutions to freeze their dividends during the COVID-19 pandemic. However, Manulife and Sun Life are in a strong position to resume regular increases when the crisis passes.


MANULIFE FINANCIAL CORP....

Both revenue and earnings for these leading U.S. foodmakers have stayed solid during the pandemic. That supports their dividends, which still look secure. However, they will need to continue adjusting their offerings to satisfy consumer demand for healthier food and to spur their shares.


PEPSICO INC....

A: The short answer is no. That’s because you pay more in Canadian dollars when you buy U.S. stocks, but you get more Canadian dollars back when you sell.

Let’s say you want to buy a U.S. stock trading at $100 U.S.

This would cost you $130.14 in Canadian dollars at today’s exchange rate.

Let’s say the stock rose 5%, to $105 U.S.

If you sold it, and the exchange rate remained the same, you would get $136.65 in Canadian dollars.

That’s also an increase of 5%.

At the same time, exchange rates do change....