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

Deal raises GWO’s risk

GREAT-WEST LIFECO, $29.66, is still a hold. The insurer (Toronto symbol GWO; shares outstanding: 926.3 million; Market cap: $28.2 billion; TSINetwork Rating: Above Average; Dividend yield: 5.9%; www.greatwestlifeco.com), is Canada’s second-largest life insurer, after Manulife Financial.
Great-West, along with Mackenzie Financial, a subsidiary of IGM Financial (Toronto symbol IGM),… Read More

Get a 6.6% yield from IGM Financial Inc.

Get a 6.6% yield from IGM Financial Inc.

Improving stock markets helped this mutual fund provider boost its assets under management by 7.1% in the most recent quarter.  

The company’s investors are also seeing its 36% stake in a fintech company grow in value. 

IGM FINANCIAL INC. (Toronto symbol IGM; www.igmfinancial.com) lets you tap Canada’s… Read More

Here are key updates on your holdings

ENBRIDGE INC. $40 is a buy. The company (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 2.0 billion; Market cap: $80.0 billion; Price-to-sales ratio: 2.0; Dividend yield: 8.1%; TSINetwork Rating: Above Average; www.enbridge.com) operates pipelines that pump oil and natural gas… Read More

Get a 6.3% yield from Power Corp.

Get a 6.3% yield from Power Corp.

The company’s mutual fund and portfolio management businesses continue to support its dividend as operational changes are set to eliminates overlap and cut costs.

A recent acquisition also diversifies this holding company’s operations outside of North America.


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POWER CORP. (Toronto symbol POW; www.powercorporation.com) is a conglomerate with… Read More

Two Canadian ETFs hold most of Canada’s best stocks

Two Canadian ETFs hold most of Canada’s best stocks

Today, we look at two Canadian ETFs that hold many of the Canadian stocks we recommend for 2020. iShares S&P/TSX 60 Index ETF and iShares Canada Select Dividend Index ETF mirror, respectively, sub-indexes holding the 60 most-heavily trades stocks and 30 of the highest-yielding dividend stocks… Read More

Diversification will spur Great-West shares

GREAT-WEST LIFECO INC. $28 is still a hold. The company (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; shares outstanding: 927.7 million; Market cap: $26.0 billion; Price-to-sales ratio: 0.5; Dividend yield: 6.3%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest life insurer, after Manulife Financial.
Great-West along… Read More