The universe of actively managed ETFs keeps growing

Exchange-traded funds have traditionally been managed as passive, index-tracking investment vehicles. But that continues to change as more promoters launch actively managed ETFs into the market. Active management is when a fund manager picks stocks on an ongoing basis, rather than aiming to match benchmark… Read More

Here are new ETFs for Canadian investors

Purpose Investments launched a series of leveraged single-stock ETFs in December 2022. Here we discuss the ETF that holds Apple shares but there are also similar ETFs that invest in single large U.S. companies, These include Amazon, Berkshire Hathaway, Alphabet, and Exxon. In addition, we… Read More

Here are new ETFs for Canadian investors

This month we highlight a long-short ETF from alternative fund manager Arrow Capital, plus a high-risk ETF from BMO/ARK Investments.
The objective of the ARROW CANADIAN ADVANTAGE ALTERNATIVE ETF $20.26 (Toronto symbol ACAA) is to achieve strong capital appreciation through investment in both short and long positions of primarily Canadian… Read More

Here are new ETFs for Canadian investors

This month we highlight two ETFs from Harvest that use leverage and call-option writing in an effort to enhance the returns of their portfolios.
HARVEST BRAND LEADERS ENHANCED INCOME ETF $10.36 (Toronto symbol HBFE) invests indirectly in large U.S. companies with global brand recognition. The ETF invests all its… Read More

Fund providers are applying AI to a rising number of ETFs

Active ETF portfolio managers have developed a wide range of tools to improve their chances of beating the market. In some cases, the managers have decided that computers have a better chance of integrating information to consistently make good investment decisions. Computer-driven investment decision-making has… Read More

We don’t recommend this Goldman Sachs ETF

We don’t recommend this Goldman Sachs ETF

A Member of Pat McKeough’s Inner Circle recently asked for his advice on a fund that bases its decisions on regular polling of the American public’s opinions of ESG business behaviour.

Pat likes the low MER but questions the value of its way of choosing investment… Read More

Q: I’d appreciate your comments on Canoe EIT. Its big dividend is attractive, but that often signals unidentified risk, I think. Thanks.

A: Canoe EIT Income Fund, $10.97, symbol EIT.UN on Toronto (Units outstanding: 123.3 million; Market cap: $1.4 billion; www.canoefinancial.com), changed its name from EnerVest Diversified Income Trust in November 2013. The stock symbol is unchanged.

Canoe EIT is a closed-end fund that invests in a portfolio… Read More