SAP

SAPUTO INC. $43 (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 386.2 million; Market cap: $16.6 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.5%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products, including milk, butter and cheese....
We think conservative investors can hold up to 10% of their portfolios in foreign stocks. One way to do that is by choosing exchange-traded funds (ETFs) with an overseas focus.

The best ETFs continue to offer very low management fees and well-diversified, tax-efficient portfolios of highquality stocks.

Here’s a look at four international ETFs we see as buys, and two we feel you should continue to hold.

ISHARES MSCI EMERGING MARKETS INDEX FUND $44.86 (New York symbol EEM; buy or sell through brokers) aims to track the MSCI Emerging Markets Index.

The fund’s geographic breakdown includes China, 28.9%; South Korea, 14.6%; Taiwan, 11.8%; India, 8.5%; Brazil, 7.3%; South Africa, 6.4%; Mexico, 3.6%; Russia, 3.1%; Indonesia, 2.3%; Malaysia, 2.2%; Thailand, 2.1%; and Poland, 1.3%.

Its top holdings are Tencent Holdings (China: Internet), 4.7%; Samsung Electronics (South Korea), 4.1%; Alibaba Group (China: e-commerce), 3.9%; Taiwan Semiconductor (computer chips), 3.5%; Naspers (South Africa: media and Internet), 2.0%; China Construction Bank, 1.5%; China Mobile, 1.4%; Hon Hai Precision (Taiwan), 1.2%; Baidu (China: Internet), 1.2%; and Industrial & Commercial Bank of China, 1.1%.

iShares launched the ETF on April 7, 2003....
SAPUTO INC. $43 (Toronto symbol SAP; High-Growth Payer Portfolio, Consumer sector; Shares outstanding: 386.2 million; Market cap: $16.6 billion; Divd. yield: 1.5%; Dividend Sustainability Rating: Above Average; www.saputo.com) is Canada’s largest producer of dairy products....
SAPUTO INC. $40 (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 386.4 million; Market cap: $15.5 billion; Price-to-sales ratio: 1.4; Dividend yield: 1.5%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products, including milk, butter and cheese....
INTEL CORP. $35 (Nasdaq symbol INTC; Conservative Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 4.7 billion; Market cap: $169.2 billion; Dividend yield: 3.1%; Dividend Sustainability Rating: Above Average; www.intel.com) is the world’s leading maker of computer chips.


With the June 2017 payment, the company increased its quarterly dividend by 4.8%, to $0.2725 a share from $0.26....
We think conservative investors can hold up to 10% of their portfolios in foreign stocks. One way to do that is by choosing exchange-traded funds (ETFs) with an overseas focus.


The best ETFs continue to offer very low management fees and well-diversified, tax-efficient portfolios of highquality stocks.


Here’s a look at four international ETFs we see as buys, and two we feel you should continue to hold.


ISHARES MSCI EMERGING MARKETS INDEX FUND $41.20 (New York symbol EEM; buy or sell through brokers) aims to track the MSCI Emerging Markets Index.


The fund’s geographic breakdown includes China, 26.9%; South Korea, 15.5%; Taiwan, 12.2%; India, 8.5%; Brazil, 6.9%; South Africa, 6.6%; Mexico, 3.6%; Russia, 3.4%; Indonesia, 2.5%; Malaysia, 2.4%; Thailand, 2.2%; and Poland, 1.3%.


Its top holdings are Tencent Holdings (China: Internet), 4.3%; Samsung Electronics (South Korea), 4.3%; Taiwan Semiconductor (computer chips), 3.6%; Alibaba Group (China: e-commerce), 3.0%; Naspers (South Africa: media and Internet), 2.0%; China Construction Bank, 1.5%; China Mobile, 1.5%; Hon Hai Precision (Taiwan), 1.2%; Baidu (China: Internet), 1.1%; and Industrial & Commercial Bank of China, 1.1%.


iShares launched the ETF on April 7, 2003....
These two companies are food-industry leaders and continue to expand beyond their home markets. Those factors should let them continue to raise their dividends.


However, after their recent price gains, both stocks are somewhat expensive in relation to their projected earnings....
SAPUTO INC. $46 (Toronto symbol SAP; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 392.8 million; Market cap: $18.1 billion; Price-to-sales ratio: 1.6; Dividend yield: 1.3%; TSINetwork Rating: Average; www.saputo.com) is Canada’s largest producer of dairy products, including milk, butter and cheese....
We think conservative investors can hold up to 10% of their portfolios in foreign stocks. One way to do that is to buy carefully chosen exchange-traded funds (ETFs) that have an overseas focus.


The best ETFs continue to offer very low management fees and well-diversified, tax-efficient portfolios of highquality stocks.


Here’s a look at four international ETFs we see as buys, and two we feel you should hang on to:


ISHARES MSCI EMERGING MARKETS INDEX FUND $37.36 (New York symbol EEM; buy or sell through brokers) aims to track the MSCI Emerging Markets Index.


The fund’s geographic breakdown includes China, 26.1%; South Korea, 14.7%; Taiwan, 12.0%; India, 8.1%; Brazil, 8.0%; South Africa, 6.6%; Russia, 4.2%; Mexico, 3.4%; Indonesia, 2.5%; Malaysia, 2.5%; Thailand, 2.3%; and the Philippines, 1.2%.


Its top holdings are Samsung Electronics (South Korea), 4.1%; Tencent Holdings (China: Internet), 3.6%; Taiwan Semiconductor (computer chips), 3.5%; Alibaba Group (China: e-commerce), 2.7%; Naspers (South Africa: media and Internet), 1.7%; China Mobile, 1.7%; China Construction Bank, 1.5%; Baidu (China: Internet), 1.1%; Industrial & Commercial Bank of China, 1.1%; and Hon Hai Precision (Taiwan), 1.0%.


iShares launched the ETF on April 7, 2003....
These two leading food producers are currently restructuring their operations. Severance payments and other costs will hurt their short-term profits, but the long-term savings will give them more room for future dividend hikes.


SAPUTO INC. $47 (Toronto symbol SAP; High-Growth Dividend Portfolio, Consumer sector; Shares o/s: 391.4 million; Mkt....