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.
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This month we discuss a new, competitively priced ETF holding physical gold, as well as a fund aiming to ride the artificial intelligence wave.
BMO GOLD BULLION ETF $34.29 (Toronto symbol ZGLD) aims to replicate the performance of the price of gold bullion, net of fees and expenses....
BMO GOLD BULLION ETF $34.29 (Toronto symbol ZGLD) aims to replicate the performance of the price of gold bullion, net of fees and expenses....
The Italian economy has recovered well from the pandemic setback, but growth slowed last year as high energy costs and interest rates weighed on consumers. Unemployment, especially among the youth, has improved, but a large, untaxed informal sector (see box next page) and high government debt remain challenges.
Still, the country is home to some exceptional companies, such as Ferrari, that flourish despite the difficult overall economic situation.
Here is one ETF that provides exposure to the top public companies in Italy.
ISHARES MSCI ITALY ETF $37.51 (New York symbol EWI; TSINetwork ETF Rating: Aggressive; Market cap: $412.5 million) invests in publicly listed Italian companies.
Financial companies account for 32% of its assets, while Consumer Cyclicals (22.0%), Utilities (16%), Energy (8%), and Industrials (9%) are other key segments.
The ETF holds a portfolio of 24 stocks; the top 10 comprise 66% of its assets....
Still, the country is home to some exceptional companies, such as Ferrari, that flourish despite the difficult overall economic situation.
Here is one ETF that provides exposure to the top public companies in Italy.
ISHARES MSCI ITALY ETF $37.51 (New York symbol EWI; TSINetwork ETF Rating: Aggressive; Market cap: $412.5 million) invests in publicly listed Italian companies.
Financial companies account for 32% of its assets, while Consumer Cyclicals (22.0%), Utilities (16%), Energy (8%), and Industrials (9%) are other key segments.
The ETF holds a portfolio of 24 stocks; the top 10 comprise 66% of its assets....
Many investors overlook mid-cap stocks, thinking that a combination of large- and small-cap stocks will provide their portfolios with all the diversification they need. However, as a group, U.S. mid-cap stocks have often performed better than large caps and are generally less risky than small caps....
GLOBAL X GOLD PRODUCER EQUITY COVERED CALL ETF $25.08 (Toronto symbol GLCC) invests in an equal-weighted portfolio of North American-listed gold mining companies. The portfolio currently holds 10 stocks, with all the top producers such as Barrick Gold and Newmont Corp....
Precious metals should let you profit over the next few years if interest rates begin falling (a clear possibility). That lowers the appeal of the U.S. dollar and increases the appeal of gold—and other precious metals—as a store of value. Here we look at three ETFs that aim to benefit from the long-term positive trends in precious metals (see the supplement on page 59 for more on precious metals and their role in your portfolio).
SPROTT PHYSICAL GOLD AND SILVER TRUST $29.44 (Toronto symbol CEF; TSINetwork ETF Rating: Aggressive; Market cap: $6.2 billion) invests in physical gold and silver bullion held in the vaults of the Royal Canadian Mint....
SPROTT PHYSICAL GOLD AND SILVER TRUST $29.44 (Toronto symbol CEF; TSINetwork ETF Rating: Aggressive; Market cap: $6.2 billion) invests in physical gold and silver bullion held in the vaults of the Royal Canadian Mint....
ISHARES MSCI JAPAN INDEX FUND, $67.11, is a buy. The ETF (New York symbol EWJ; buy or sell through brokers; us.ishares.com) aims to mirror the return of the Morgan Stanley Capital International Japan Index.
The fund’s top holdings include Toyota, 6.3%; Mitsubishi UFJ Financial, 2.9%; Tokyo Electron (computer chips), 2.7%; Sony Corp., 2.7%; Keyence (sensors), 2.3%; Hitachi (conglomerate), 2.1%; Mitsubishi Corp....
The fund’s top holdings include Toyota, 6.3%; Mitsubishi UFJ Financial, 2.9%; Tokyo Electron (computer chips), 2.7%; Sony Corp., 2.7%; Keyence (sensors), 2.3%; Hitachi (conglomerate), 2.1%; Mitsubishi Corp....
Most top international markets have rebounded since their big drop at the start of the pandemic. Going forward, we think the outlook remains positive for quality stocks in those markets. One way to profit from their growth—while cutting your risk—is to invest in top ETFs.
Here’s a look at four international funds we see as suitable for your new buying....
Here’s a look at four international funds we see as suitable for your new buying....
iShares MSCI Canada Index Fund isn’t recommended because we found a better ETF that offers the same benefits at just a fraction of the fee.
You Can See Our Exchange-Traded Funds Portfolio For May 2024 Here.
ETFs in brief
Exchange-traded funds are set up to mirror the performance of a stock-market index or sub-index....
Fidelity recently boosted its Canadian ETF roster by adding seven new ETFs covering Canadian, U.S., and international equities. Below we highlight a fund that holds long and short positions in a portfolio of global equities, as well as an ETF that invests indirectly in public companies outside of North America.
FIDELITY GLOBAL VALUE LONG/SHORT ETF $8.53 (CBOE Canada symbol FGLS) invests globally by taking long positions in companies that the manager believes are undervalued; at the same time it takes short positions in overvalued companies.
The ETF launched on February 1, 2024, as just one of several share classes of a mutual fund operating since October 2020....
FIDELITY GLOBAL VALUE LONG/SHORT ETF $8.53 (CBOE Canada symbol FGLS) invests globally by taking long positions in companies that the manager believes are undervalued; at the same time it takes short positions in overvalued companies.
The ETF launched on February 1, 2024, as just one of several share classes of a mutual fund operating since October 2020....