TD
The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.
Of course, you pay brokerage commissions to buy and sell these investments....
The Bank of Canada increased its benchmark interest rate in October 2018 from 1.50% to 1.75%. Whether it will hold rates stready, keep raising them, or perhaps even cut them, depends on economic growth and the level of unemployment.
Meanwhile, we caution against investing in bonds....
Meanwhile, we caution against investing in bonds....
TD Bank reported higher earnings in the latest quarter for both its Canadian and U.S. businesses. The bank continues to increase efficiency, and profits, by improving its online and mobile banking platforms. This positions it for strong future growth—and it makes TD a top bank buy for safety-conscious investors.
TD BANK $77.54 (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $141.0 billion; TSINetwork Rating: Above Average; Divd....
TD BANK $77.54 (Toronto symbol TD; Shares o/s: 1.8 billion; Market cap: $141.0 billion; TSINetwork Rating: Above Average; Divd....
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BMO COVERED CALL CANADIAN BANKS ETF $18.43 (Toronto symbol ZWB; TSINetwork ETF Rating: Conservative; Market cap: $1.9 billion) holds shares of Canada’s six largest banks (CIBC, TD Bank, Bank of Montreal, Bank of Nova Scotia, Royal Bank and National Bank) either directly or through units of the BMO Equal Weight Banks Index ETF.
The fund started up in January 2011....
The fund started up in January 2011....
The country’s big banks have plenty of capital to withstand economic shocks to the broader economy. Those threats include volatile housing markets, which would hurt demand for mortgages, and rising household debt levels, which could lead to loan writeoffs.
The high market share of the Big Five also helps shield them from potential new competitors....
The high market share of the Big Five also helps shield them from potential new competitors....
The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.
Of course, you pay brokerage commissions to buy and sell these investments....
Of course, you pay brokerage commissions to buy and sell these investments....
A: The PIMCO Global Short Maturity Fund (Canada) ETF, $20.12, symbol PMNT on Toronto (Units outstanding: 3.2 million; Market cap: $64.32 million; www.pimco.ca) was recently launched by PIMCO.
Based in Newport, California, PIMCO is one of the world’s biggest fixed-income investment managers....
Based in Newport, California, PIMCO is one of the world’s biggest fixed-income investment managers....
A: Loblaw Companies, $64.96, symbol L on Toronto (Shares outstanding: 369.0 million; Market cap: $24.0 billion; www.loblaw.ca), transferred its stake in Choice Properties REIT (symbol CHP.UN on Toronto) to its parent company George Weston Ltd., $91.86, symbol WN on Toronto (Shares outstanding: 153.4 million; Market cap: $14.3 billion; www.weston.ca), on November 1, 2018.
Under the terms of the deal, Loblaw shareholders received 0.135 of a Weston common share for each L share they held....
Under the terms of the deal, Loblaw shareholders received 0.135 of a Weston common share for each L share they held....
We recommend most investors hold two to three of Canada’s Big Five banks; right now, our top two favourites are TD Bank and Bank of Nova Scotia.
We also advise adding non-bank stocks to your Finance sector holdings, including Great-West Lifeco and IGM Financial....