royal bank

Shopify’s stock continues to surge, and it’s currently the most valuable company on the Toronto Stock Exchange. With its $123.6 billion market cap, it’s just ahead of long-time leader Royal Bank at $120.8 billion.


Some other well-known Canadian stocks have reached the top over the years—only to crash in spectacular fashion....

Here, we continue our look at fixed-income ETFs that provide investors with reasonable income in this low-interest-rate environment. Below, you’ll find funds focused on the Canadian universe of top-quality bonds from federal, provincial and corporate issuers. All of them pay fluctuating monthly distributions, but investors should be aware that their unit prices can go up or down with interest rates as well as the quality of the underlying corporate issuers....

This month we consider two new high-interest savings ETFs, which compete with money market funds. We also offer you a look at a hedge fund ETF from AGF.


In our August 2019 issue, we initially analyzed high rate savings ETFs from Purpose Investments....

Fund management expenses (MERs) can eat up a substantial proportion of your investment returns over time. That’s one reason why ETFs have become very popular. But there’s a segment of those funds with even lower MERs. Below, we analyze three of those ETFs providing investors with low-cost, broad-market exposure to Canadian, U.S....

A: Stryker Corporation, $206.97, symbol SYK on New York (Shares outstanding: 373.1 million; Market cap: $76.8 billion; www.stryker.com), is one of the world’s leading medical technology companies....

A: The Goldman Sachs JUST U.S. Large Cap Equity ETF, $44.89, symbol JUST on New York (Units outstanding: 3.1 million; Market cap: $139.2 million; www.gsam.com), started up June 7, 2018, launched by prominent hedge fund manager and billionaire philanthropist Paul Tudor Jones.

The ETF’s MER is a low 0.20%, and it yields 1.9%.

Jones’s charitable foundation, Just Capital, conducts regular polling to determine the American public’s most important concerns as they relate to business behaviour....

A: Smartsheet Inc., $44.60, symbol SMAR on New York (Shares outstanding: 87.4 million; Market cap: $5.0 billion; www.smartsheet.com), provides cloud-based software for teams and organizations to plan, capture, manage, automate, and report on their work.

Smartsheet first sold shares to the public in April 2018 at $15 a share.

The company operates in a competitive market and continues to lose money; it will likely report a loss of $0.55 a share in 2020....

A: True North Commercial REIT, $6.98, symbol TNT.UN on Toronto (Units outstanding: 57.7 million; Market cap: $489.6 million; www.truenorthreit.com), owns and operates a portfolio of 46 office properties....

A: Crescita Therapeutics, $0.96, symbol CTX on Toronto (Shares outstanding: 21.0 million; Market cap: $20.1 million; www.crescitatherapeutics.com), is a dermatology company with manufacturing capabilities, a portfolio of non-prescription skincare products for the treatment and care of skin conditions and diseases, and prescription drug products for the treatment of pain....

A: Carnival Corp., $44.68, symbol CCL on New York (Shares outstanding: 718.6 million; Market cap: $31.7 billion; www.carnival.com), operates a fleet of 104 cruise ships worldwide and is based in Doral, Florida.

Carnival’s portfolio of cruise line brands includes Carnival Cruise Line, Fathom, Holland America Line, Princess Cruises and Seabourn in North America; P&O Cruises and Cunard in the U.K.; AIDA Cruises in Germany; Costa Cruises in Italy; and P&O Cruises in Australia.

With its size and global reach, Carnival targets every segment of the global cruise market regardless of customer budget, itinerary, geography, demographics, or lifestyle....