TD
Canada’s Big Five banks continue to set aside large amounts for any rise in loan losses because of COVID-19’s economic impact. Regulators have also ordered the banks to freeze their dividends to preserve capital.
However, most borrowers continue to pay their loans on time....
However, most borrowers continue to pay their loans on time....
The major Canadian and U.S. stock markets have moved back up since their initial COVID-19 drop. Nonetheless, we think that if you can afford to stay in the market for several years or longer, now is still a good time to buy. We see ETFs as one way for you to profit from that rise, while cutting your risk.
The best of these funds offer a diversifed group of stocks while charging you low management fees....
The best of these funds offer a diversifed group of stocks while charging you low management fees....
The Bank of Canada cut its benchmark interest rate to 0.25% from 1.75% in March. The move was meant to spur the economy after COVID-19 hit. Whether the bank holds that rate steady, or cuts it even further, depends on the country’s economic growth and unemployment levels.
Meanwhile, even for our conservative investors, we caution against investing in bonds....
Meanwhile, even for our conservative investors, we caution against investing in bonds....
A: The iShares S&P/TSX Composite High Dividend Index ETF, $17.60, symbol XEI on Toronto (Units outstanding: 35.3 million; Market cap: $621.3 million; www.blackrock.com/ca), aims to track the S&P/TSX Composite High Dividend Index, which effectively holds the 75 highest-yielding Canadian stocks.
The index is market-capitalization weighted, with each stock capped at 5% (any stock may rise above 5% temporarily until rebalancing)....
The index is market-capitalization weighted, with each stock capped at 5% (any stock may rise above 5% temporarily until rebalancing)....
This month we look at two actively managed ETFs launched earlier this year by TD Asset Management. TD’s share of the the Canadian ETF market remains small, but the bank has increased its new offerings this year.
TD ACTIVE GLOBAL EQUITY GROWTH ETF $15.67 (Toronto symbol TGGR) aims to provide long-term capital growth for investors by focusing on companies with strong business models....
BANK OF NOVA SCOTIA $55.88, is a buy. The bank (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $67.4 billion; TSINetwork Rating: Above Average; Dividend yield: 6.4%; www.scotiabank.com) has agreed to settle charges by U.S....
CANADIAN UTILITIES LTD. $33 (www.canadianutilities.com) is a buy. The firm distributes electricity and natural gas in Alberta and Australia. It also owns or invests in 5 power plants—1 in Canada, 2 in Australia and 2 in Mexico....
Based on lots of things we’re looking at, we’re still reasonably sure that stock and ETF prices will be higher in a year or two than they are today. But the market rarely goes straight up or down. Instead we should expect a series of abrupt movements in either direction.
That volatility is all the more reason for conservative investors to keep a high proportion of their holdings in dividend-paying stocks—or ETFs that hold those stocks.
The best dividend stocks provide a consistent dividend yield year after year....
When selecting ETFs, you should look at the stocks they hold but also the methods they use to choose them. All funds use strategies aimed at boosting returns and cutting risk. The two ETFs below (and that in the column to the right) use unique strategies that have both pros and cons.
Meanwhile, the supplement starting on page 79 provides more information on how the most-popular ETFs are constructed....
The major Canadian and U.S. stock markets have moved back up since their initial COVID-19 drop. Still, they have yet to regain their 2020 highs. Nonetheless, we think the worst is over for many stocks. We see ETFs as one way for you to profit from that recovery, while cutting your risk.
The best of these funds offer a diversifed group of stocks while charging you low management fees....