etf
An ETF (Exchange-Traded Fund) is an investment fund that holds a collection of underlying assets, such as stocks or bonds, in a single pooled vehicle. ETFs allow investors to purchase a variety of different securities at once, providing greater diversification compared to owning individual assets. They are traded on stock exchanges like regular stocks, allowing for intraday trading at market prices. ETFs typically have lower fees than mutual funds and often passively track an index or sector, making them a popular choice for investors seeking a cost-effective way to invest in a diversified portfolio.
Read More
Close
GLOBAL X COPPER MINERS ETF $10.06 (New York symbol COPX; buy or sell through brokers; www.globalxfunds.com) tracks the Solactive Global Copper Miners Index, which includes 20 to 40 international companies that mine, refine or explore for copper. Germany-based Structured Solutions AG created this index. Canadian firms make up 38.8% of the ETF’s holdings. It also includes companies based in Australia (15.6%), Mexico (5.5%), Peru (5.4%) and Poland (5.0%). The fund’s MER is 0.65%. Its top holdings are Southern Copper at 6.9%; Oz Minerals, 6.8%; CST Mining Group, 6.4%; Kaz Minerals plc, 5.9%; Sandfire Resources, 5.9%; Grupo Mexico, 5.7%; Glencore plc, 5.4%; Turquoise Hill, 5.4%; Lundin Mining, 5.4%; Jiangxi Copper, 5.4%; Copper Mountain Mining, 5.3%; and Antofagasta plc, 4.6%....
The BMO Low Volatility Canadian Equity ETF, $25.54, symbol ZLB on Toronto (Units outstanding: 25.6 million; Market cap: $653.8 million; www.etfs.bmo.com), provides exposure to a low beta weighted portfolio of Canadian stocks. The ETF selects the 40 lowest beta stocks from the 100 largest and most liquid securities in Canada. The underlying portfolio is rebalanced in June and reconstituted in December. The BMO Low Volatility Canadian Equity ETF has an MER of 0.40%. It currently yields 2.5%. The BMO Low Volatility Canadian Equity ETF’s current top holdings are: Fairfax Financial, Canadian REIT, Dollarama, Progressive Waste Solutions, Empire Company, Intact Financial, RioCan REIT, Emera, Metro Inc. and BCE Inc....
Broadridge Financial Solutions boosts earnings through acquisition and niche investment services.
An ETF investment can be a great low-fee way to hold shares in multiple companies with a single investment.
If you need stable income and want to hold bonds, these two Canadian bond ETFs offer low fees and high-quality holdings.
Solar technology continues to advance, but one key drawback to investing in it is that it is still heavily dependent on government subsidies. Many of these subsidies seem likely to continue, at least for now, in China, Japan and the U.S., and that’s fuelling demand from utilities for large-scale solar plants. However, solar subsidies have lost support in many countries, including Germany and Spain. Meanwhile, low prices for oil, natural gas and coal make solar power less cost-competitive. We haven’t found any solar stocks we recommend as buys. However, here’s a look at a leading solar ETF:...
ENCANA $6.96 (Toronto symbol ECA; Shares outstanding: 840.8 million; Market cap: $6.2 billion; TSINetwork Rating: Average; Divd. yield: 1.2%; www.encana.com) continues to take steps to conserve cash while it waits for oil and gas prices to recover. Encana has cut its quarterly payout by 78.6%, to $0.015 a share from $0.07 (all amounts except share price in U.S. dollars). The stock now yields 1.2%. This should save the company $185 million a year. As well, Encana will spend $1.5 billion to $1.7 billion to expand and upgrade its properties in 2016, down about $600 million from 2015....
Exchange traded funds (ETFs) are set up to mirror the performance of a stock market index or sub-index. They hold a more or less fixed selection of securities that represent the holdings that go into the calculation of the index or sub-index. ETFs trade on stock exchanges, just like stocks. That’s different from mutual funds, which you can only buy at the end of the day at a price that reflects the fund’s value at the close of trading. Prices of ETFs are quoted in newspaper stock tables and online. You pay brokerage commissions to buy and sell them, but their low management fees give them a cost advantage over most mutual funds....
The Bank of Canada cut its key interest rate to 0.50% from 0.75% in July 2015. The move came as the Canadian economy slowed along with falling prices for oil and other commodities. Even so, the long-term outlook is for higher interest rates—especially after the U.S. Federal Reserve raised its benchmark rate by 0.25% in December 2015 and signaled further increases to come. We continue to advise against investing in bonds right now. That’s because today’s low interest rates make bonds unattractive, and rising rates would push down their future value....
A look at the risks investors face with short ETFs, or “bear market” ETFs designed to move in the opposite direction to a market index