We still see TD’s future as bright

The shares TD Bank have dropped 24% from their recent peak of $109 in February 2022. That’s mainly because rising interest rates have forced it set aside more funds for potential loan defaults. At the same time, higher interest rates could trigger a recession, which… Read More

Two new Fidelity ETFs for Canadian investors

The large U.S.-based fund manager Fidelity has steadily expanded its ETF offerings—both in its home market and in Canada. Here’s a look at two of the six new Fidelity funds recently launched in the Canadian market.
FIDELITY GLOBAL INNOVATORS ETF $10.92 (NEO Exchange symbol FINN) invests globally in companies… Read More

High-yield ETFs—two buys, one avoid

High interest rates mean dividend-paying stocks must increasingly compete for investor interest with bonds and other fixed-income instruments. However, focusing on sustainable dividends still offers an attractive and growing income stream for investors—as long as you avoid the riskier strategies that some ETF managers use… Read More

TD links with Nordstrom

TD BANK, $89.53, (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $162.4 billion; TSINetwork Rating: Above Average; Divd. yield: 4.0%; www.td.com) is a buy. In 2015, the bank purchased retailer Nordstrom Inc.’s (New York symbol JWN) credit card portfolio. TD also became the exclusive issuer of… Read More