enbridge

The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.


Of course, you pay brokerage commissions to buy and sell these investments....

ENBRIDGE INC. $42 (Toronto symbol ENB; Income-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 1.7 billion; Market cap: $71.4 billion; Dividend yield: 6.4%; Dividend Sustainability Rating: Highest; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S....

ENBRIDGE INC. $44 (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.6 billion; Market cap: $70.4 billion; Price-to-sales ratio: 1.7; Dividend yield: 6.1%; TSINetwork Rating: Above Average; www.enbridge.com) operates pipelines in Canada and the U.S....

The Bank of Canada increased its benchmark interest rate in July 2018 from 1.25% to 1.50%. That rate could rise further later this year on stronger economic growth and low unemployment. Inflation has also moved up steadily, sitting at 3.0% in July 2018.


We continue to caution against investing in bonds....

Here we take a closer look at two relatively new North American ETFs. This month’s selections include a quantitative, low-volatility Canadian equity ETF and a global pet-products ETF.


FRANKLIN LIBERTY RISK MANAGED CANADIAN EQUITY ETF $21.04 (Toronto symbol FLRM; Market cap: $12.7 million) aims to invest in Canadian equities to generate capital gains, but with lower volatility.


The fund does not provide much detail on how it will reduce volatility except that it uses a “black box” rules-based model to select stocks “based on a mix of historical and projected financial and stock-market data....

CHOICE PROPERTIES REIT $12.48 (Toronto symbol CHP.UN; Units outstanding: 277.2 million; Market cap: $8.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 5.9%; www.enbridge.com) acquired Canadian REIT (old symbol REF.UN), a recommendation of Canadian Wealth Advisor, on May 7, 2018.


The merger created Canada’s biggest real estate investment trust: 757 properties for a total of 67.0 million square feet of retail, industrial and office space....

Both TransCanada and Enbridge have earmarked huge sums for new pipelines. That will add to their already high debt levels. However, steady cash flows from shipping contracts with oil and gas producers will help them service their debt, and let them keep raising their dividends....

ENBRIDGE INC. $46.84 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $79.9 billion; TSINetwork Rating: Above Average; Dividend yield: 5.7%; www.enbridge.com) will now sell Brookfield Infrastructure Partners LP (Toronto symbol BIP.UN) its natural gas gathering and processing operations in B.C....

The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.


Of course, you pay brokerage commissions to buy and sell these investments....

ENBRIDGE INC. $40.12 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $68.4 billion; TSINetwork Rating: Above Average; Dividend yield: 6.7%; www.enbridge.com) operates pipelines in Canada and the U.S. In addition, it owns oil and gas storage facilities.


The company also controls four affiliates that operate pipelines and related operations: Enbridge Energy Partners, LP (New York symbol EEP), Enbridge Energy Management, LLC (New York symbol EEQ), Enbridge Income Fund Holdings Inc....