etf

Companies that own and operate unique infrastructure assets have characteristics such as stable profits and cash flows that make them attractive to long-term investors. And investors seeking exposure to these assets have several publicly listed options, including ETFs.


Indexes that track the performance of listed infrastructure companies have performed as well as the broad global equity markets over the long term; they have also experienced similar or lower volatility than the markets....

You Can See Our Exchange-Traded Funds Portfolio For October 2024 Here.

ETFs in brief


Exchange-traded funds are set up to mirror the performance of a stock-market index or sub-index....

This month we look at an ETF from Brompton that selects companies with a high free cash flow yield. A second highlighted ETF comes from RBC iShares. It invests in the companies held in the S&P 500 Index, but reduces stock concentration by capping individual stock weights at 3%.


Brompton International Cash Flow Kings ETF $9.82 (Toronto symbol KNGX) invests in listed companies outside North America with high free cash flow (regular cash flow less maintenance capital expenditures) per share....

The Japanese economy ranks third in the world and hosts some of the most-profitable global corporations.


The economy is, however, facing a declining and rapidly aging population. (See box next page.) Still, an older population also presents opportunities, and Japanese companies are already coming up with innovative and technology-driven aids for the elderly....

The underlying growth trends for healthcare remain strong as the global population grows older and emerging economies become wealthier.


Meanwhile, new technologies and artificial intelligence (AI) will serve to boost the already-strong prospects of healthcare stocks by improving the management of patient diagnostics, administrative processes, and drug discoveries....

One of the main attractions of exchange-traded funds is their lower fees compared to mutual funds. In the large and highly competitive U.S. ETF market, fees have declined rapidly to the extent that some “plain vanilla” funds that simply track the major indexes charge 0.05% or less....

TD CANADIAN EQUITY INDEX ETF $26.59 (Toronto symbol TTP; TSINetwork ETF Rating: Conservative; Market cap: $1.9 billion) invests in large and medium-sized publicly listed Canadian companies.


The ETF aims to track the Solactive Canada Broad Market Index.


The fund currently holds 276 stocks; the largest segment weighting is allocated to Financial companies (31%), followed by Energy (17%), Basic Materials (14%) Technology (8%), and Industrials (7%).


The top 10 holdings make up 34% of its assets....

Governments around the world know the benefits that flow from the development of better infrastructure. However, their stretched budgets and a reluctance to increase taxes hamper their ability to initiate these projects. This provides opportunities for publicly listed companies to develop and manage these assets.


Meanwhile, those stocks with exposure to U.S....

iShares MSCI Canada Index Fund charges a high management fee you can avoid by choosing a similar, cheaper fund in its place.

Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S. unless those funds are also registered with provincial securities commissions. (Moreover, some Canadian mutual funds are only available in a limited number of provinces.)


Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S....