canadian
Exploring the unique dynamics of closed-end funds and how to benefit from discounts and premiums to net asset value
NORTH WEST COMPANY, $39.01, is a buy. The retailer (symbol NWC on Toronto) sells food, and everyday products and services through 227 stores. Those locations are mainly in northern communities across Canada and Alaska. Through your shares, you also tap the company’s operations in remote regions of Hawaii, the wider South Pacific and the Caribbean.
North West’s food offerings consist of perishable and non-perishable products including groceries, dairy, produce, meat, convenience foods, food service, home meal replacement, health and beauty aids, paper products and cleaning supplies....
North West’s food offerings consist of perishable and non-perishable products including groceries, dairy, produce, meat, convenience foods, food service, home meal replacement, health and beauty aids, paper products and cleaning supplies....
PROCTER & GAMBLE CO., $155.33, New York symbol PG, is a buy.
The company is one of the world’s largest makers of household and personal-care goods. Major brands include Tide (laundry detergent), Pampers (diapers), Gillette (razors), Crest (toothpaste) and Vicks (cold remedies).
Procter will now raise your quarterly dividend by 7.0%....
The company is one of the world’s largest makers of household and personal-care goods. Major brands include Tide (laundry detergent), Pampers (diapers), Gillette (razors), Crest (toothpaste) and Vicks (cold remedies).
Procter will now raise your quarterly dividend by 7.0%....
TC ENERGY INC., $49.73, Toronto symbol TRP, remains a buy.
TC generates steady cash flow for investors mainly through a 93,600-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.
The company has agreed to sell its stake in Prince Rupert Gas Transmission Holdings Ltd., which is planning to build a 900-kilometre natural gas pipeline in northern B.C....
TC generates steady cash flow for investors mainly through a 93,600-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.
The company has agreed to sell its stake in Prince Rupert Gas Transmission Holdings Ltd., which is planning to build a 900-kilometre natural gas pipeline in northern B.C....
In addition to Suncor (see page 41), we also like the outlook for these three oil producers. Like Suncor, they have used their stronger cash flows in the past few years to pay down debt. That is giving them more room for dividend increases and share buybacks.
IMPERIAL OIL LTD....
IMPERIAL OIL LTD....
Fidelity recently boosted its Canadian ETF roster by adding seven new ETFs covering Canadian, U.S., and international equities. Below we highlight a fund that holds long and short positions in a portfolio of global equities, as well as an ETF that invests indirectly in public companies outside of North America.
FIDELITY GLOBAL VALUE LONG/SHORT ETF $8.53 (CBOE Canada symbol FGLS) invests globally by taking long positions in companies that the manager believes are undervalued; at the same time it takes short positions in overvalued companies.
The ETF launched on February 1, 2024, as just one of several share classes of a mutual fund operating since October 2020....
FIDELITY GLOBAL VALUE LONG/SHORT ETF $8.53 (CBOE Canada symbol FGLS) invests globally by taking long positions in companies that the manager believes are undervalued; at the same time it takes short positions in overvalued companies.
The ETF launched on February 1, 2024, as just one of several share classes of a mutual fund operating since October 2020....
This section is the second part of our discussion on ETFs that represent each of the five main economic sectors. Here we cover ETFs in the Consumer, Manufacturing and Finance sectors.
Please see the supplement section starting on page 49 for more information on our five-sectors approach.
BMO GLOBAL CONSUMER STAPLES HEDGED TO CAD INDEX ETF $22.97 (Toronto symbol STPL; TSINetwork ETF Rating: Conservative; Market cap: $36.6 million) tracks the FTSE Developed Consumer Staples Capped Index and invests globally....
Please see the supplement section starting on page 49 for more information on our five-sectors approach.
BMO GLOBAL CONSUMER STAPLES HEDGED TO CAD INDEX ETF $22.97 (Toronto symbol STPL; TSINetwork ETF Rating: Conservative; Market cap: $36.6 million) tracks the FTSE Developed Consumer Staples Capped Index and invests globally....
A key rule of our three-part Successful Investor strategy is to spread your money out across most if not all of the five main economic sectors (Manufacturing & Industry; Resources & Commodities; Consumer; Finance; and Utilities).
This has two main benefits: a) It keeps you from investing too heavily in any industry or sector that is headed into a period of big losses; and b) by spreading your investments out more widely, it also improves your chances of latching onto a market superstar—a stock that will wind up producing two, five or 10 times more profit than average.
Here we discuss ETFs that represent two of the main equity sectors—Resources, and Utilities—while the section starting on page 43 looks at the remaining three sectors represented by three additional ETFs....
This has two main benefits: a) It keeps you from investing too heavily in any industry or sector that is headed into a period of big losses; and b) by spreading your investments out more widely, it also improves your chances of latching onto a market superstar—a stock that will wind up producing two, five or 10 times more profit than average.
Here we discuss ETFs that represent two of the main equity sectors—Resources, and Utilities—while the section starting on page 43 looks at the remaining three sectors represented by three additional ETFs....
A Compelling Opportunity for Income-Seeking Investors to Look at REIT Yields Amidst Rising Interest Rates
CCL INDUSTRIES INC., $69.15, symbol CCL.B on Toronto, mainly makes packaging products for the food, healthcare, automotive and personal-care industries. Procter & Gamble and Johnson & Johnson are among its major customers. CCL also makes radio frequency identification (RFID) tags and banknotes.
The company has four main businesses:
The company has four main businesses:
- CCL (62% of total revenue) makes pressure-sensitive labels for plastic bottles and other forms of packaging....