investment

With today’s still-low interest rates, there are few, if any, high return, lower-risk fixed-income investments available to investors.


But if you must hold cash, and are looking for an alternative to bank savings accounts or holding it with your broker, these four ETFs can give you an edge....

GREAT-WEST LIFECO INC. $33 (www.greatwestlifeco.com) is a hold. The company is Canada’s second-largest life insurer, after Manulife Financial. Canada’s banking regulator—the Office of the Superintendent of Financial Institutions—has lifted the restrictions on capital distributions placed on banks and insurers due to COVID-19 uncertainty....
The shares of Canada’s big two railways are both down since the start of 2022 on concerns that a possible economic slowdown could hurt their freight volumes.


However, both should benefit as conditions remain favourable for a rebound in grain shipments in the second half of 2022 following last year’s drought....
A: Harvest Healthcare Leaders Income ETF, $8.29, symbol HHL on Toronto, (Units outstanding: 116.0 million; Market cap: $961.6 million; www.harvestportfolios.com), holds a portfolio of 20 large-cap global healthcare companies, selected by the fund’s manager for their potential to provide attractive monthly income and long-term growth.

The ETF holds mostly attractive stocks with sound long-term prospects....
HERCULES CAPITAL INC., $14.07, symbol HTGC on New York, is a business development company (BDC).

Hercules provides senior secured loans to high-growth venture capital-backed companies in innovative industries, including technology, life sciences, and sustainable and renewable technologies.

As well, through its wholly owned subsidiary, Hercules Adviser LLC, the company also maintains an asset management business through which it oversees investments for external parties.

Since its founding in 2003, the company reports that it has made more than $14 billion in loans to nearly 600 companies.

A highlight of the latest quarter was the IPO of Pineapple Energy LLC (symbol PEGY on Nasdaq)....
BANK OF MONTREAL, $136.95, Toronto symbol BMO, is a buy.

The bank is now raising your dividend by 4.5%. Starting with the August 2022 payment, investors will receive $1.39 a share instead of $1.33. The new annual rate of $5.56 yields 4.1%.

Bank of Montreal set aside $50 million to cover potential loan losses in its fiscal 2022 second quarter, ended April 30, 2022....
3M COMPANY, $145.88, New York symbol MMM, is still a buy for long-term gains.

The company makes over 60,000 consumer and industrial goods, including air purifiers, adhesives, bandages and components for medical devices. Investors tap its main brands, including Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.

3M warned this week that China’s strict lockdowns to control the spread of COVID-19 have disrupted its manufacturing operations in that country....
These two insurers offer investors growth prospects, as well as high yields. Meanwhile, rising interest rates are generally good for insurers. They write policies, collect premiums from customers, and then invest those premiums to meet future claims. They’re required to invest significant amounts of that money in fixed-income instruments, namely bonds....
ISHARES S&P/TSX REIT INDEX ETF, $18.83, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 19 Canadian real estate investment trusts in the S&P/TSX REIT Index....
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....