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Closed end mutual funds can offer “stocks at a discount”, but you won’t likely hear about them from your broker.

GW Pharmaceuticals PLC (ADR), $55.37, symbol GWPH on Nasdaq (ADRs outstanding: 21.9 million; Market cap: $1.2 billion; www.gwpharm.com), is a U.K.-based firm that is developing pharmaceutical drugs derived from cannabis (marijuana). GW started up in 1998. It began trading on the London Stock Exchange in 2001. The company listed its ADRs on Nasdaq in May 2013 with an offering of 3.5 million ADRs at $8.90 each (one American Depositary Receipt is equal to 12 GW common shares). The company’s main product, Sativex, relieves symptoms in patients with multiple sclerosis. The drug comes as a peppermint-flavoured mouth spray. Sativex is now available in 28 countries—but not in the U.S....

An ETF investment can be a great low-fee way to hold shares in multiple companies with a single investment.

PLEASE NOTE: One week from today, on January 22, 2016, shortly after the stock market closes at 4:00 p.m. Toronto time, we will reveal our top Aggressive Stocks for 2016 to subscribers of Stock Pickers Digest. You can be among the first to hear about our top picks for 2016. Because you’re a loyal subscriber, we are happy to offer you a low-priced, no-risk introduction to Stock Pickers Digest. It gives you the first month—and the 2016 Stocks of the Year—FREE. But you must act now. Click here. BAXALTA INC., $40.26, New York symbol BXLT, makes vaccines and drugs in three main areas: hematology (blood diseases), immunology (immune system) and oncology (cancer)....

Sometimes it’s better to just pay the Canadian capital gains tax, which can actually save you money and make your investments more profitable.

Profiting from the global stock market has never been easier for investors

ISHARES MSCI CHILE INVESTABLE MARKET INDEX FUND $31.91 (New York symbol ECH; buy or sell through brokers) is an ETF that aims to track the MSCI Chile Investable Market Index, which consists of stocks that mainly trade on the Santiago Stock Exchange.

The fund’s largest holdings are Enersis SA (electricity), 10.1%; Empresas Copec SA (conglomerate), 8.1%; Empresa Nacional de Electricidad (electricity), 8.1%; S.A.C.I. Falabella (retail), 6.1%; Banco Santander Chile (banking), 5.9%; Empresas CMPC (pulp and paper), 5.4%; Cencosud SA (retailer), 5.3%; Colbun SA (utility), 4.4%; and Banco de Chile, 4.2%.

The ETF’s industry breakdown consists of Utilities, 31.2%; Financials, 19.7%; Materials, 13.7%; Consumer Staples, 9.6%; Energy, 8.4%; Consumer Discretionary, 7.4%; Industrials, 5.3%; Telecommunications, 2.5%; and Information Technology, 1.7%.

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The history of ETFs is one of the evolution of indexing and of market innovation.

NEWELL RUBBERMAID INC., $45.28, New York symbol NWL, is reportedly negotiating a merger with Jarden Corp. (New York symbol JAH). Jarden makes consumer products, including Sunbeam kitchen appliances, Mr. Coffee coffee makers, Ball jars, Crock-Pot cookers and Rawlings baseball mitts. It would cost around $11.8 billion to buy Jarden, which is almost equal to Newell’s $12.7-billion market cap (the value of all outstanding shares). The combined firm would have $14 billion of annual sales....

Flow-through limited partnerships offer big tax breaks but may not be the best things for your portfolio.