investment management

Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S. unless those funds are also registered with provincial securities commissions. (Moreover, some Canadian mutual funds are only available in a limited number of provinces.)


Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S....
Business for our two top Canadian insurance recommendations, both in Canada and internationally, remains strong. These two stocks have recovered all of the ground they lost in March 2020, and we think they are now poised to move even higher. Meanwhile, each insurer offers you solid, sustainable dividend yields.


MANULIFE FINANCIAL CORP., $24.12, is a buy....
We feel the best way to tap future gains for fintech (the combination of financial services and technology) is with well-established companies such as Broadridge and Dun & Bradstreet. That’s better than focusing on small start-up firms. As well, recent acquisitions by both Broadridge and Dun & Bradstreet should pay off for years to come.


BROADRIDGE FINANCIAL SOLUTIONS INC....
Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S. unless those funds are also registered with provincial securities commissions. (Moreover, some Canadian mutual funds are only available in a limited number of provinces.)


Investors in this country can, however, buy exchange-traded funds, ETFs, listed on U.S....
Business for our two top Canadian insurance recommendations remains strong, both in Canada and internationally. These two stocks have recovered all of the ground they lost in March 2020—and we think they are now poised to move even higher. Meanwhile, each insurer offers you solid, sustainable dividend yields.

MANULIFE FINANCIAL CORP., $27.19, is a buy. This safety-conscious blue-chip company (Toronto symbol MFC; Shares o/s: 1.9 billion; Market cap: $52.0 billion; TSINetwork Rating: Above Average; Dividend yield: 4.1%; www.manulife.ca) is Canada’s largest life insurer.

Manulife sells other forms of insurance, including health, dental and travel plans; its mutual funds and investment management services further diversify its revenue stream.

As of March 31, 2021, the company had $1.3 trillion in assets under administration....
Business for our two top Canadian insurance recommendations remains steady despite COVID-19—and both have now rebounded to their all-time highs. Meanwhile, due to the pandemic, Canadian financial regulators have instructed federally regulated firms, including Manulife and Sun Life, to postpone their planned dividend increases....
Broadridge Financial is positioned to keep doing well during the pandemic. From March of last year, the stock has jumped to new all-time highs, and is now up 80.6%. Meantime, we think this Power Buy is poised to keep moving even higher.


BROADRIDGE FINANCIAL SOLUTIONS $146.75 (New York symbol BR; TSINetwork Rating: Average) (www.broadridge.com; Shares o/s: 115.8 million; Market cap: $17.1 billion; Dividend yield: 1.6%) serves the investment industry in three main areas: investor communications, securities processing, and transaction clearing.


In its fiscal 2021 second quarter, ended December 31, 2020, revenue rose 8.9%, to $1.05 billion from $968.7 million a year earlier....
Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S. unless those funds are also registered with provincial securities commissions. (Moreover, some Canadian mutual funds are only available in a limited number of provinces.)


Investors in this country can, however, buy exchange-traded funds, ETFs, listed on U.S....
In early September this year, a friend emailed to ask, “Hey Pat, any ideas re: how I can get smarter re: SPACs in Canada and how they vary from the U.S. versions?”

I wrote back,I can’t imagine a situation where I’d buy or recommend a SPAC, U.S. or Canadian....
Broadridge is far from a household name, except in households where most members work in the investment business. Since Automatic Data Processing (symbol ADP on Nasdaq) spun it off in 2007, the company has become a key provider of services to financial, brokerage and wealth management firms.

We added Broadridge to our recommendations in the February 2008 issue of Wall Street Stock Forecaster as a buy at $22 a share....