Cannabis performance at a glance

The HORIZONS MARIJUANA LIFE SCIENCES ETF (Toronto symbol HMMJ) invests in North American firms that are legally involved in the cannabis industry. Canadian companies—including Aurora Cannabis (12.1% of assets) and Canopy Growth (11.0%)—make up 80% of the portfolio. As such the fund’s performance—specifically, its Daily… Read More

Here’s what goes into the MERs of ETFs

A key advantage of ETFs is their relatively low management fees when compared to mutual funds. In the U.S., for example, the average expense ratio for ETFs is 0.23% compared to 0.57% for mutual funds.
Apart from the fees paid directly to a broker when… Read More

Q: Pat, I may want to invest 10% to 15% of my portfolio into flow-through shares. It looks like a great way to buy junior resources companies at a discount. Please tell me specifically about CMP’s 2018 Flow-Through Resource Limited Partnership. Thanks.

A: Flow-through limited partnerships developed out of a Canadian government plan to encourage the exploration and development of the country’s natural resources. Under the plan, companies involved in oil and gas, mining and base metals and other natural resource industries are permitted to fully deduct… Read More

How to realize big benefits from a holding company discount

How to realize big benefits from a holding company discount

A holding company discount represents a great hidden opportunity for investor profit.
Even in 2017, a holding company discount is a little-understood phenomenon in finance. It represents a special kind of hidden asset and source of potential profit for investors in holding companies.

A holding company is… Read More