Q: Hello, Pat. Do you have an opinion on PIMCO Global Short Maturity Fund (Canada) ETF as a parking spot for cash in this rocky and volatile market. Any feedback is appreciated. Thanks.

A: The PIMCO Global Short Maturity Fund (Canada) ETF, $20.12, symbol PMNT on Toronto (Units outstanding: 3.2 million; Market cap: $64.32 million; www.pimco.ca) was recently launched by PIMCO.

Based in Newport, California, PIMCO is one of the world’s biggest fixed-income investment managers. It’s owned by Germany-based… Read More

5 top Canadian dividend stocks to invest in

5 top Canadian dividend stocks to invest in

Here are 5 Canadian dividend stocks we recommend holding in your portfolio
One of the key points in our three-part investment advice is to invest mainly in well-established dividend-paying stocks. Successful investors pay a lot of attention to dividend yields from Canadian dividend stocks. Dividends can… Read More

Benefit from our top picks for 2019

Once again, we highlight three #1 stocks for 2019, with one for each of our portfolios—Conservative, Aggressive and Income.
All three offer a strong combination of long-term growth at a reasonable price. That should help them rise above the current stock market uncertainty to thrive this… Read More

Rising rates are a risk for these bond ETFs

The Bank of Canada increased its benchmark interest rate in October 2018 from 1.50% to 1.75%. That rate could rise further in 2019 depending on economic growth and the level of unemployment.
We continue to caution against investing in bonds. Today’s still-low interest rates make them… Read More

Alberta’s rail plan will benefit CN

CANADIAN NATIONAL RAILWAY CO. $106 (Toronto symbol CNR; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 728.3 million; Market cap: $77.2 billion; Price-to-sales ratio: 5.6; Dividend yield: 1.7%; TSINetwork Rating: Above Average; www.cn.ca) recently signed a three-year contract to ship 50,000 to 60,000 barrels of Cenvous’s… Read More

CP Rail sets a number of new records

CP reported record revenue in the latest quarter, with increases across all of its businesses. Despite rising fuel prices, profits also hit a new high, with overall costs dropping to record lows. That performance bodes well for the company as demand for rail shipments moves… Read More