stock exchange

A: Summit Industrial Income REIT, $6.21, symbol SMU.UN on Toronto (Units outstanding: 42.4 million; Market cap: $263.3 million; www.summitiireit.com), is an open-ended trust (see below) that owns light industrial properties across Canada.


As of September 30, 2016, the trust owned 53 buildings making up 5.2 million square feet of leasable area....

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....

In the past two years, several of Canada’s leading utility companies have used acquisitions to expand in the U.S.


That kind of strategy tends to add risk. However, the three companies we analyze below have bought regulated utilities. Predictable revenue streams from these new businesses will help them pay down the loans they needed to complete those purchases.


What’s more, the elimination of overlapping operations will free up cash for dividends....

A: Shopify Inc., $63.34, symbol SHOP on Toronto (Shares outstanding: 88.9 million; Market cap: $5.5 billion; www.shopify.com), offers merchants of all sizes cloud-based software to design, set up and manage stores across multiple sales channels....

A: iShares S&P/TSX SmallCap Index ETF, $16.97, symbol XCS on Toronto (Shares outstanding: 8.3 million; Market cap: $140.9 million), holds the 200 stocks in the S&P/TSX SmallCap Index. That index is made up of the smaller companies on the Toronto Stock Exchange....

Tax-loss selling (or tax-loss harvesting) is a strategy investors use to lower their capital gains tax. When investors take part in tax-loss selling, they sell a security at a loss in order to offset capital gains....

A: The iShares 1-5 Yr Laddered Corporate Bond Index ETF, $18.98, symbol CBO on Toronto (Units outstanding: 106.9 million; Market cap: $2.0 billion; www.blackrock.com/ca), invests in a portfolio of short-term and medium-term corporate bonds....

Northwest Healthcare Properties REIT saw cash flow expand in adding to its holdings with $350 million in recent property acquisitions, including two Brazilian hospitals.

NISSAN MOTOR (ADR) $18.77 (Nasdaq symbol NSANY; TSINetwork Rating: Above Average) (310-771-3111; www.nissan-global.com; ADRs outstanding 2.1 billion; Market cap: $40.3 billion; Dividend yield: 3.1%) plans to sell its interest in auto parts maker Calsonic Kansei to U.S....

A: NorthWest HealthCare Properties REIT, $9.86, symbol NWH.UN on Toronto (Units outstanding: 69.3 million; Market cap: $681.5 million; www.nwhp.ca), owns 135 properties, with a focus on medical office buildings and clinics....