Blue chip ETFs focus on Canada

Blue chip ETFs focus on Canada

These two blue chip ETFs hold mostly large-capitalization, widely traded stocks on the Canadian exchange. Both funds mirror, or track, the performance of major stock market indexes as opposed to narrower ones focused on resources or themes, such as solar power or biotech.
Blue chip ETFs… Read More

Here are key updates on 3 dividend payers: Power Corp., CIBC and Archer Daniels Midland Co.

POWER CORP. $25 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 621.4 million; Market cap: $15.5 billion; Dividend yield: 7.2%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) last raised its quarterly dividend by 10.5% with the May 2020 payment, to $0.4475 a.. Read More

TD remains a solid pick in turbulent times

The economic uncertainty caused by COVID-19 has forced TD, and other big banks, to increase the funds it sets aside for possible loan defaults. While that has hurt its current earnings, the bank can comfortably absorb these charges. As well, regulators have relaxed their capitalization… Read More

Q: COVID-19 seems to be benefitting Internet-based firms ready to capitalize on any sharp rise in demand because of our social distancing efforts. Pat, can I get an opinion on The First Trust Dow Jones Internet Index Fund ETF? How does it compare to the broader Nasdaq-focused Invesco QQQ ETF?

A: The First Trust Dow Jones Internet Index Fund ETF, $145.22, symbol FDN on New York (Units outstanding: 56.1 million; Market cap: $8.1 billion; www.ftportfolios.com) aims to track the Dow Jones Internet Composite Index.

For a stock to be considered for a spot in the index,… Read More

Two Canadian ETFs hold most of Canada’s best stocks

Two Canadian ETFs hold most of Canada’s best stocks

Today, we look at two Canadian ETFs that hold many of the Canadian stocks we recommend for 2020. iShares S&P/TSX 60 Index ETF and iShares Canada Select Dividend Index ETF mirror, respectively, sub-indexes holding the 60 most-heavily trades stocks and 30 of the highest-yielding dividend stocks… Read More