Six exchange-traded funds (ETFs) that track the major indexes

Six exchange-traded funds (ETFs) that track the major indexes

More and more, exchange-traded funds (ETFs) are finding their way into the portfolios of investors.
That’s because, unlike many other financial innovations, they don’t load you up with heavy management fees, or tie you down with high redemption charges if you decide to get out of them… Read More

Blue chip ETFs focus on Canada

Blue chip ETFs focus on Canada

These two blue chip ETFs hold mostly large-capitalization, widely traded stocks on the Canadian exchange. Both mirror, or track, the performance of major stock market indexes as opposed to narrower ones focused on resources or themes, such as solar power or biotech.

Blue chip ETFs… Read More

Low fees give these six ETFs a big edge

The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.

Of… Read More

Updating IGM Financial Inc., Emera Inc. and Stanley Black & Decker Inc.

IGM FINANCIAL INC. $38 (Toronto symbol IGM; Conservative-Growth Payer Portfolio, Finance sector; Shares outstanding: 238.3 million; Market cap: $9.1 billion; Dividend yield: 5.9%; Dividend Sustainability Rating: Above Average; www.igmfinancial.com) is Canada’s largest independent mutual-fund provider with $161.7 billion in assets under management as of June 30, 2019.
IGM last… Read More

IGM expands in ETFs

POWER CORP. $27.98 (Toronto symbol POW; Shares o/s: 414.4 million; Market cap: $11.9 billion; TSINetwork Rating: Above Average; Dividend yield: 5.8%; www.powercorporation.com) owns 65.6% of Power Financial. In turn, Power Financial’s holdings include 61.5% of IGM Financial, a leading mutual-fund provider.
IGM has two main businesses: Mackenzie… Read More