Narrower focus will help both of them

Insurer Great-West and mutual fund seller IGM are re-organizing their operations. These moves will let them better focus on their main businesses and spur their long-term profits. However, we prefer IGM for your new buying.
GREAT-WEST LIFECO INC. $44 is a hold. The insurer (Toronto symbol GWO; Conservative… Read More

Canadian blue chips dominate these two Canadian ETFs

Canadian blue chips dominate these two Canadian ETFs

These two Canadian ETFs track Canada’s best-established indexes and provide low-fee exposure to widely traded blue chip stocks.
When you invest in ETFs, simpler is generally better. And each of these two Canadian ETFs provides a straightforward approach to investing in a selection of Canada’s top… Read More

Buy quality assets at a discount

POWER CORP. OF CANADA $37 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 660.4 million; Market cap: $24.4 billion; Dividend yield: 5.7%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) has several primary investments, including controlling stakes in Canadian financial services firms Great-West… 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 funds 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

Use our updates to enhance your portfolio

IGM FINANCIAL INC. $34 is a buy. The mutual fund seller’s (Toronto symbol IGM; Conservative Growth Portfolio, Finance sector; Shares outstanding: 237.8 million; Market cap: $8.1 billion; Price-to-Sales ratio: 2.4; Dividend yield: 6.6%; TSINetwork Rating: Above Average; www.igmfinancial.com) fee income rises and falls with the value of the… Read More