etf

When asked to pick stocks to beat the market, the popular ChatGPT online chatbot/search engine replied that it was unable to do so—and the AI program noted that the stock market is unpredictable and that investors should consult an investment professional.


Still, fund managers have for a long time tried to use quantitative, computer-driven models to select stocks and manage investment portfolios....

Over the last couple of years, many emerging-market ETFs are down more than the overall market. They have struggled to attract investors because the growing U.S. economy and sharply higher interest rates have pushed up the U.S. dollar. That typically results in capital flowing to the U.S....

ISHARES S&P/TSX REIT INDEX ETF, $16.39, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 16 Canadian real estate investment trusts in the S&P/TSX REIT Index. Investors pay an MER of 0.61%, and the fund gives you a 4.9% yield.


The iShares...

INVESCO SOLAR ETF, $69.98, is a buy for aggressive investors. The ETF (New York symbol TAN; buy or sell through brokers) tracks solar-related companies (including technology firms and utilities) listed on global exchanges.


The fund’s top holdings are First Solar (China; solar panels) at 10.1%; SolarEdge Technologies (Israel; solar-power batteries), 9.7%; Enphase Energy (U.S.; home solar systems), 8.4%; Xinyi Solar (China; solar panels), 4.7%; GCL Technology (China; polysilicon), 4.6%; and Sunrun (U.S.; solar panels), 4.1%. The ETF charges a relatively high MER of 0.69%.


Renewable stocks have drifted down since early 2021; that follows big run-ups in 2020 on President Biden’s support for sun, wind and hydro power—plus strong investor interest in stocks gaining from environmental concerns....

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....

A: Harvest Healthcare Leaders Income ETF, $7.79, symbol HHL on Toronto, (Units outstanding: 156.0 million; Market cap: $1.2 billion; www.harvestportfolios.com), holds a portfolio of 20 large-cap global healthcare companies....

You Can See Our Exchange-Traded Funds Portfolio For June 2023 here.

ETFs in brief


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

Most of the large and popular exchange-traded funds are passively managed index-tracking funds. Passive fund management for ETFs involves investing to mirror the holdings and performance of a specific stock-market index. The indexes that form the basis of these ETFs are provided by major index providers such as MSCI, S&P, FTSE and Solactive.


Meanwhile, the methods used to construct those major indexes can dramatically influence their composition and performance....

Exchange-traded funds offering regular income have grown in popularity lately, especially during the low interest rate years of 2020 to 2021. But with interest rates moving higher over the past 18 months, ETF managers have to become more creative in their efforts to offer appealing yields to investors....

Royal Bank is the partner of BlackRock for the distribution of the iShares ETFs in Canada. But the Royal Bank platform also hosts a considerable number of RBC branded ETFs. The Bank recently expanded its ETF roster by adding RBC-branded ETFs that mirror existing actively managed mutual funds.


RBC NORTH AMERICAN GROWTH ETF $20.47 (NEO exchange symbol RNAG) invests in U.S....