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-listed companies—including Canopy Growth (12.3%) and Aurora Cannabis (10.6% of assets)—make up 80% of the portfolio. As such the fund’s performance—specifically, its Daily… Read More

Here are five key ways to value REITs

Real estate investment trusts (“REITs”) have different valuation measures than, say, industrial companies or banks. Here we look at five popular methods to compare the valuations of REITs.
The net asset value (NAV) approach
Most REITs regularly value their real estate portfolios, either internally or by appointing… 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