Q: Hello, Pat. Do you have an opinion on PIMCO Global Short Maturity Fund (Canada) ETF as a parking spot for cash in this market? Any feedback is appreciated. Thanks.

A: The PIMCO Global Short Maturity Fund (Canada) ETF, $19.75, symbol PMNT on Toronto (Units outstanding: 2.8 million; Market cap: $55.3 million; www.pimco.ca) began trading on the Toronto exchange on February 1, 2019. The fund also has a traditional mutual fund series available for investors.

Based… Read More

The top gold and silver stocks are stored in two ETFs

The top gold and silver stocks are stored in two ETFs

Precious-metal stocks dropped, along with stock markets, in March 2020 as the pandemic forced a global shutdown. They then quickly reversed themselves to soar for investors.

For many investors, gold and silver represent “safe harbours” in turbulent times and it’s why we expect further price jumps… Read More

How to pick the best Canadian index mutual funds

How to pick the best Canadian index mutual funds

Canadian index mutual funds were among the better financial innovations to come along in the past few decades. Still the popularity of ETFs may soon eclipse them
Canadian index mutual funds are specialized mutual funds that aim to equal the performance of a Canadian market index,… Read More