etf

HORIZONS ACTIVE A.I. GLOBAL EQUITY ETF $27.43 (Toronto symbol MIND) invests in major global equity indexes primarily available through North American-listed ETFs.


However, the fund’s portfolio manager is, in fact, a computer. It picks indexes through a process called “adaptive artificial intelligence.” Essentially, it aims to spot patterns in market indexes by continuously analyzing market data....

Cybercrime can have major consequences for individuals, corporations, and governments, alike; the recent, highly publicized cyberattacks on Colonial Pipeline and meat producer JBS provide good examples (see box on page 82). Meanwhile, more people working and gaming from home has also spurred a jump in cyberattacks....

A: The PIMCO Global Short Maturity Fund (Canada) ETF, $19.75, symbol PMNT on Toronto (Units outstanding: 2.8 million; Market cap: $55.3 million; www.pimco.ca) began trading on the Toronto exchange on February 1, 2019....

ISHARES CHINA LARGE-CAP ETF, $41.36, is now a hold for safety-conscious investors. The ETF (New York symbol FXI; buy or sell through brokers) tracks the 50 largest, most-liquid Chinese stocks. Investors pay a high 0.74% MER. The units yield 2.0%.


Top holdings for the $4.5 billion fund are Alibaba (e-commerce), 9.2%; Tencent (Internet), 9.2%; Meituan Dianping (group buying/food delivery), 8.6%; China Construction Bank, 5.4%; and Wuxi Biologics, 4.6%.


Chinese stocks are down lately as the government has introduced strict new regulations around fintech stocks, data sharing among tech firms and online platforms and, most recently, online learning firms.


These surprise regulations directed at private Chinese companies are aimed at promoting social policies and imposing more government control over various sectors....

All of the major global stock markets fell at the initial outbreak of COVID-19. But many top markets have since rebounded. We think the outlook remains positive for quality stocks, and one way to profit from that—while cutting your risk—is to invest in quality ETFs....

A: BMO Canadian High Dividend Covered Call ETF, $18.26, symbol ZWC on Toronto (Units outstanding: 63.4 million; Market cap: $1.2 billion; www.bmo.com/gam/ca/investor/products/etfs), focuses on mostly high-quality Canadian stocks....

This month we consider a unique ETF that buys carbon credits to offset the emissions of its holdings. Meanwhile, we look at a new Canadian energy ETF that has energy stock booster Eric Nuttall as a manager.


The Evolve S&P/TSX 60 CleanBeta FUND $21.09 (Toronto symbol SIXT) invests in the companies that are the constituents of the S&P/TSX 60 index.


What makes this fund different from other ETFs that track the same index is the objective to neutralize the carbon emissions of the fund holdings....

The Mexican economy was hit by the pandemic, especially from a disastrous drop in international tourists as COVID-19 kept visitors at home. But the economy is now recovering as the U.S. rebounds. In fact, Mexican stocks have largely bounced back to pre-pandemic levels.


Here’s a look at an ETF that provides exposure to the top Mexican publicly listed companies.


ISHARES MSCI MEXICO ETF $47.88 (Nasdaq symbol EWW; TSINetwork ETF Rating: Aggressive; Market cap: $1.2 billion) tracks the performance of the largest publicly listed Mexican companies.


Consumer Defensive stocks account for 31% of its assets, while Telecommunication Services (22%), Financial Services (15%), Basic Materials (12%), and Industrials (10%) are other key segments.


The ETF holds a portfolio of 47 stocks; the top 10 holdings make up a large 64% of the portfolio.


They are America Movil SAB (Communications, 15.5%), Grupo Financiero Banorte (Financials, 9.7%), Fomento Economico Mexicano (Consumer Defensive, 9.5%), Walmart de Mexico (Consumer Defensive, 9.5%), Grupo Televisa (Consumer Cyclical, 4.2%), Cemex SAB (Basic Materials, 4.0%), Grupo Mexico (Basic Materials, 3.8%), Grupo Aeroportuario del Pacifico (Industrials, 2.8%), Grupo Aeroportuario del Sureste (Industrials, 2.5%), and Fibra Uno Administracion REIT (Real Estate, 2.3%).


The ETF’s assets have a heavy concentration in the top four holdings....

Smaller firms can sometimes generate higher returns than their larger counterparts, but they are often riskier, less liquid, and may underperform for long periods. One way to offset some of the risk is to focus on ETFs that hold top-quality small-capitalization companies....

Regulators appeared to be in no hurry to approve ETFs that invest in cryptocurrencies. Their main concerns hinged on the risks that investor assets could not be kept safely in custody, a lack of transparency, significant price volatility and possible market price manipulation of cryptocurrencies such as bitcoin and ether....