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ETFs

Thailand outlook bright despite looming tariffs

Thailand is Southeast Asia’s second-largest economy, with growth driven by tourism, exports, and manufacturing. The tourism industry keeps rebounding along with international travel. Meanwhile, manufacturing and exports continue to expand, but they do face challenges from the Trump administration’s plans to attach a blanket 36% tariffs to Thai goods as well as sluggish global growth including in China.

5 min read

Pat McKeough

ETFs

These ETFs let you cut your commodity risk

Commodities can help diversify portfolios, but they are cyclical and come with high levels of price volatility.

Well-diversified ETFs that offer exposure to commodity producers can, however, help investors overcome the problems associated with direct investments in physical commodities, or funds that track a single commodity.

Below, we look at three ETFs providing exposure to commodity producers. For more information on the risks and returns of commodities, see the supplement on page 80.

4 min read

Pat McKeough

ETFs

Here’s a low-cost ETF for exposure to the top U.S. companies

TD U.S. EQUITY INDEX ETF $48.79 (Toronto symbol TPU; TSINetwork ETF Rating: Aggressive; Market Cap: $3.5 billion) invests in U.S. publicly listed companies.

The ETF tracks the Solactive U.S. Large Cap Index. That index includes large companies listed on the U.S. public markets. Stocks are weighted based on their market values.

1 min read

Pat McKeough

ETFs

Pass on this ETF: Global X SuperDividend ETF

GLOBAL X SUPERDIVIDEND ETF $23.08 (New York symbol SDIV) invests in 100 of the highest-yielding stocks worldwide.

Stocks in the fund’s portfolio are equally weighted to reduce the risk associated with high exposure to individual companies. The stocks must also meet criteria for market cap and liquidity.

1 min read

Pat McKeough

ETFs

These ETFs aim to capitalize on AI

Artificial intelligence (AI) is essentially the merging of today’s big computing with big data. This has resulted in breakthroughs in everything from medical research to building cars capable of driving themselves. At the same time, AI is just one of many new technologies disrupting—and increasingly powering—the performance of firms across a range of industries.

Here we discuss two ETFs that hold companies involved in the development of AI and more. Meanwhile, in the supplement on page 79, we look at how whole industries are being reshaped by the advances of AI companies, many of which are held by the following ETFs.

2 min read

Pat McKeough

How To Invest

Here’s our Aggressive Growth Portfolio for August 2025

If you’re like most investors, you should invest the major portion of your money in stocks from our Conservative Growth Portfolio. But you may want to add some stocks from our Aggressive Growth Portfolio, which we update in this issue.

1 min read

Pat McKeough

Dividend Stocks

Updating your Aggressive stocks: RioCan REIT, Transcontinental and Nutrien

RIOCAN REAL ESTATE INVESTMENT TRUST $18 (www.riocan.com) is a buy. The REIT owns all or part of 177 shopping centres and other properties across Canada, including eight under development. RioCan is now winding down its RioCan Living business, which builds residential rental buildings. That will leave it to better focus on its main retail properties, and so keep raising your monthly distributions; the current annual rate of $1.158 a unit yields a solid 6.4%. RioCan REIT is a buy.

1 min read

Pat McKeough

Value Stocks

Scotiabank’s new focus should pay off

In 2023, under new CEO Scott Thomson, Bank of Nova Scotia began cutting its exposure to Latin America and investing more in its North American operations. You can expect the plan to spur the bank’s long-term earnings, while also cutting its risk.

2 min read

Pat McKeough

Energy Stocks

New trucks offset lower crude prices

SUNCOR ENERGY INC. $54 is a buy. Canada’s largest integrated oil producer (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.2 billion; Market cap: $64.8 billion; Price-to-sales ratio: 1.2; Dividend yield: 4.2%; TSINetwork Rating: Average; www.suncor.com) now operates 120 autonomous haul trucks (AHTs) at two of its oil sands projects in Alberta. Control room operators remotely monitor them as they transport bitumen from the mines to processing facilities. The system has helped reduce disruptive incidents and injuries.

1 min read

Pat McKeough

Value Stocks

Use our updates to enhance your portfolio

MOLSON COORS CANADA INC. is a hold. The brewer (Toronto symbols TPX.A $81 and TPX.B $69; Conservative Growth and Income Portfolios, Consumer sector; Shares outstanding: 206.0 million; Market cap: $13.9 billion; Price-to-sales ratio: 0.9; Dividend yield: 3.0%; TSINetwork Rating: Average; www.molsoncoors.com) recently acquired the rights to produce, market and sell Fever-Tree products in the U.S. Based in the U.K, that firm makes a variety of tonics, ginger beers and cocktail mixers. Molson and Fever-Tree have also agreed to equally split the new 10% U.S. tariff on imports of U.K. beverages.

2 min read

Pat McKeough

Testimonials

The cornerstones of Pat’s strategy–value, diversification and timelines–make his newsletter, The Successful Investor, highly profitable while minimizing risk. His advice is no-nonsense, down-to-earth and based on solid research. You’ll know what to invest in and what to avoid.

Chuck Chakrapani, PhD
Investors Association of Canada
The older I get the better dividends look. For retirees and would-be retirees who want to sleep at night, I can’t think of a better source of information on reliable growing dividend income than Pat McKeough’s newsletter, Dividend Advisor.

Jonathan Chevreau
Financial Post Columnist
As a manager of more than $500 million in mutual funds, I have access to the best brokerage research available in this country. But I still take time to read Pat McKeough’s premium newsletters

John Sartz
I appreciate the 25 years of above market returns I received by following your advice. at least 95% of my investment decisions were based on TSI recommendations.

Chuck J.
Subscriber since 1996. Inner Circle Member Since 2006
The newsletters I receive in Inner Circle Pro are fantastic! I have been following Pat’s advice for years and everything he has said has been amazing. His commentaries are brilliant, insightful, educational, rational and balanced. My returns are almost double the TSE and I have referred many of my friends who have switched over to your services.

Walter H.
Inner Circle Pro subscriber

Browse Premium Topics

Cannabis

Spinoffs

One of the ways a company can try to unlock its own hidden value is by creating a separate company out of a corporate subsidiary. The parent company can either sell stock in the new company to the public, or spin it off—hand the stock out to its own investors.

Dividend Stocks

Dividend stocks make cash payouts that serve as a way for companies to share the wealth they’ve accumulated. These payouts are drawn from earnings and cash flow and paid to the shareholders of the company. Typically, these dividends are paid quarterly, although they may be paid annually or even monthly as well.

ETFs

What are ETFs?

ETF is an acronym for exchange traded fund. These exchange traded funds are used to track indexes as closely as possible, since investors cannot actually buy an index outright.

Value Stocks

What are value stocks?

One of the sweetest and most profitable pleasures of successful investing is to buy high-quality “value stocks” (or stocks that are reasonably priced, if not cheap, in relation to its sales, earnings or assets), then hold on to them as mainstream investors recognize the value and push up the share price.

Blue Chip Stocks

Blue chip stocks are big, well-established, dividend-paying corporations with strong business prospects. These are companies that also have sound management that should be able to make the right moves to keep competing successfully in a changing marketplace.

Penny Stocks

A penny stock in general trades for under five dollars a share, and as the name implies, sometimes for pennies. Most of the time they’re young companies, or start-ups in speculative markets like mining or technology.

Growth Stocks

Growth stocks are companies that are likely to have sales and earnings growth well above market average. Frequently they pay few, if any, dividends. Instead they typically reinvest any extra cash flow to promote further growth. Chosen wisely—according to Pat McKeough’s advice—high-quality growth-oriented stocks can be worthwhile additions to most well-diversified portfolios.

Wealth Management

Wealth management is the practice of putting your savings to work so that it continues to grow over your lifetime and will also benefit your heirs. Wealth management encompasses many different areas of investing like long term investment planning and retirement planning.

Mining Stocks

Mining stocks are investments in companies that produce or explore for minerals. Some of these minerals include uranium, coal, molybdenum (which is used in steelmaking), copper, silver and gold. They are affected by fluctuating commodity prices in addition to their own business and operating risks.

How To Invest

Pat McKeough has been making investing for beginners simple—and profitable—by helping investors make big gains for more than 25 years. His advice to beginning investors is the same as it is for all investors: buy high-quality, mostly dividend paying stocks (or ETFs that hold these stocks) and evenly spread your investments over the five main economic sectors (Resources, Manufacturing, Finance, Utilities and Consumer). Pat also believes investors should avoid stocks in the broker/media limelight and focus on those with hidden or little-noticed assets.

Energy Stocks

What are energy stocks?

Businesses that work in the extraction, refining and delivery of energy sources such as natural gas, oil, uranium and coal, are considered energy stocks.