investment
This month we highlight an ETF that provides short exposure to the highly popular “disruptive growth” ARK Innovation ETF. We also look at a fund that aims to use a quantitative model to pick the top dividend-paying stocks.
TUTTLE CAPITAL SHORT INNOVATION ETF $43.66 (Nasdaq symbol SARK) provides an inverse (short) exposure to the stocks held by the popular ARK Innovation ETF (New York symbol ARKK).
This fund uses derivatives to let investors profit from a decline in the potentially overvalued and unprofitable “transformational” companies held by the ARK Innovation ETF in the electric vehicle, genomics, next-gen Internet and fintech segments.
This ETF effectively holds short positions in companies such as Tesla, Roku, Teladoc, Zoom, Coinbase and Spotify.
The fund launched on November 9, 2021; it charges a management fee of 0.75%....
A: Hamilton Enhanced Canadian Bank ETF, $28.52, symbol HCAL on Toronto, (Units outstanding: 13.5 million; Market cap: $385.0 million; www.hamiltonetfs.com), aims to track the Solactive Canadian Bank Mean Reversion Index.
This index invests in the biggest six Canadian banks—TD, Bank of Montreal, Royal Bank, CIBC, Bank of Nova Scotia and National Bank....
This index invests in the biggest six Canadian banks—TD, Bank of Montreal, Royal Bank, CIBC, Bank of Nova Scotia and National Bank....
WAJAX CORP., $22.55, is a buy. Through their shares, investors benefit from the company’s (symbol WJX on Toronto) sales and servicing of cranes, forklifts and other heavy equipment. Wajax also provides related parts and systems such as ball bearings, hoses, diesel engines and transmissions.
The company’s customers are spread across the resources, construction, manufacturing and transportation industries.
Wajax is now buying the assets of Thunder Bay, Ontario-based Process Flow Systems Ltd....
The company’s customers are spread across the resources, construction, manufacturing and transportation industries.
Wajax is now buying the assets of Thunder Bay, Ontario-based Process Flow Systems Ltd....
IMPERIAL OIL LTD., $54.44, is a buy. The company (Toronto symbol IMO; Shares o/s: 695.6 million; Market cap: $38.1 billion; TSINetwork Rating: Average; Dividend yield: 2.5%; www.imperialoil.ca) is Canada’s third-largest publicly traded oil company after Canadian Natural Resources (No....
A: An American Depositary Receipt, or ADR, is a proxy for a foreign stock that trades in the U.S. and represents a specified number of shares in the foreign corporation. ADRs also qualify as ‘investment products’, like the shares of ‘split corps’ (see above).
ADRs are bought and sold on U.S....
ADRs are bought and sold on U.S....
A: M Split Corp is a split-share company that holds a substantial block of shares of Manulife Financial, a leading Canadian insurer.
Manulife is a buy recommendation of our Canadian Wealth Advisor newsletter.
“Split corps” are a type of investment product that financial institutions create to provide new investment opportunities for investors, and new revenue opportunities for themselves....
Manulife is a buy recommendation of our Canadian Wealth Advisor newsletter.
“Split corps” are a type of investment product that financial institutions create to provide new investment opportunities for investors, and new revenue opportunities for themselves....
As a member of our Inner Circle, you probably know we advise investors to stick mainly with “plain vanilla” investments whenever possible. This contrasts with the advice of some brokers, who feel you are better off buying an investment product, because of some special features the product offers that are lacking in the plain-vanilla investment.
As a general rule, the majority of investment products are better deals for the financial institution than they are for the financial institution’s client—the investor....
As a general rule, the majority of investment products are better deals for the financial institution than they are for the financial institution’s client—the investor....
SOLID POWER INC., $5.98, symbol SLDP on Nasdaq, is developing what it sees as a state-of-the-art, all-solid-state rechargeable battery aimed primarily at electric vehicles (EVs).
Colorado-based Solid Power’s technology aims to replace the flammable liquid electrolyte in a conventional lithium-ion battery with an exclusive sulfide-based solid electrolyte....
Colorado-based Solid Power’s technology aims to replace the flammable liquid electrolyte in a conventional lithium-ion battery with an exclusive sulfide-based solid electrolyte....
ALGONQUIN POWER & UTILITIES CORP., $17.86, Toronto symbol AQN, is a top pick for 2022.
The company has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services in Canada, the U.S., Chile and Bermuda; and the Renewable Power Group produces electricity from about 40 clean-energy plants in North America.
Algonquin last raised your quarterly dividend with the July 2021 payment....
The company has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services in Canada, the U.S., Chile and Bermuda; and the Renewable Power Group produces electricity from about 40 clean-energy plants in North America.
Algonquin last raised your quarterly dividend with the July 2021 payment....
ACI WORLDWIDE INC., $34.36, is a buy. Through the stock (symbol ACIW on Nasdaq), investors tap the company’s success as the leading software provider for processing transactions. That includes credit cards, debit cards, automated teller machines, point-of-sale terminals and interbank systems....