royal bank

ISHARES S&P/TSX 60 INDEX ETF $24 (Toronto symbol XIU; TSINetwork ETF Rating: Conservative Market cap: $10.8 billion) is a low-fee way to buy the top Canadian listed stocks. Specifically, the ETF holds stocks that represent the S&P/TSX 60 Index—the largest, most heavily traded equities on the TSX.

The ETF’s top holdings are Royal Bank, 8.7%; TD Bank, 8.0%; Bank of Nova Scotia, 5.9%; Enbridge, 5.3%; CN Railway, 4.8%; Suncor Energy, 4.5%; Bank of Montreal, 3.8%; TransCanada Corp., 3.3%; BCE, 3.3%; Manulife Financial, 3.1%, Canadian Natural Resources, 3.0%; CIBC, 3.0%; Brookfield Asset Management, 2.8% and Canadian Pacific Railway, 1.9%.

The industry breakdown is as follows: Financials (41%), Resources (29%), Industrials (9%), Telecommuncations (6%), Consumer discretionary (5%), Consumer staples (4%), Information technology (2%), Utilities (2%) and others (2%).

Still, this ETF’s assets are highly concentrated in the financial and resources sectors.

The fund began trading in September 1999....

These six ETFs mostly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund mirrors, or tracks, the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as solar power and biotechnology....

ROYAL BANK OF CANADA $99 (Toronto symbol RY; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.5 billion; Market cap: $148.5 billion; Price-to-sales ratio: 3.8; Dividend yield: 3.7%; TSINetwork Rating: Above Average; www.rbc.com) is Canada’s largest bank by market cap....

The best bank stocks are the big-five Canadian banks. They are also the most consistent dividend payers

These six ETFs mostly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund mirrors, or tracks, the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as solar power and biotechnology.


Of course, you pay brokerage commissions to buy and sell these ETFs....

Ever wonder how to get dividends that are the most secure and sustainable? Here are some tips.

ROYAL BANK OF CANADA $93 (Toronto symbol RY; Income-Growth Portfolio, Finance sector; Shares outstanding: 1.5 billion; Market cap: $139.5 billion; Dividend yield: 3.7%; Dividend Sustainability Rating: Highest; www. rbc.com) is Canada’s largest bank, with assets of $1.2 trillion....

On average, Canada’s Big Five banks are down about 8% in the past three months. That’s partly due to concerns over a sharp increase in real estate prices, especially in Toronto and Vancouver. Any significant rise in interest rates would hurt the ability of some borrowers to repay their mortgages....

CANADIAN UTILITIES LTD. $40 (www.canadianutilities.com) distributes electricity and natural gas in Alberta and Australia. The company earned $0.79 a share in the first quarter of 2017, up 21.5% from $0.65 a year earlier. If you disregard gains on the sale of assets and other unusual items, earnings rose 9.1%....

These six ETFs hold mostly blue-chip stocks that are widely traded on Canadian and U.S. exchanges. Each ETF mirrors, or tracks, the performance of a major stock market index. That’s different from narrower indexes that focus on resources or themes such as solar power or biotech.


Of course, you pay brokerage commissions to buy and sell these ETFs....