Hackers, organized crime, and even state-sponsored actors are increasingly targeting Internet-linked networks and databases to gain access to confidential information and extract large ransom payments.


The lucrative nature of online crime, combined with a relatively low risk of being caught, and a massive and growing target market, indicate that this criminal industry will continue its rapid growth....

Global equity markets made modest further gains in February—although the magnificent seven U.S. companies (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla) dragged the U.S. market down. Bonds had a good month as interest rates moved lower. Interest rates sensitive equities, such as utilities and REITs also moved higher.


China equities (Toronto symbol ZCH) had a strong month on hopes for a more market friendly approach from the government....

This month we highlight six new funds that trade in the form of Canadian Depository Receipts (CDRs).


BMO Asset Management recently launched a series of single stock CDRs. These new funds complement a long list of already existing single stock CDRs available from CIBC....

Spotify is a Swedish audio streaming and media service provider founded in April 2006 by Daniel Ek (the CEO) and Martin Lorentzon (the CFO).


The primary listing of Spotify is in Sweden and there is also a secondary listing in the U.S. in the form of American depositary receipts (ADRs)....

The free market-orientated economy of Sweden is complemented by a comprehensive welfare system. Despite the high taxes, the country ranks among the most competitive in the world and is home to a range of successful multinationals. One of these is Spotify—the global leader in music streaming services (see box next page 36).


The country has struggled the last few years with households and businesses under pressure from high inflation and rising interest rates....

By the end of 2024, Canadian mutual funds had assets under management of $2.24 trillion, compared to the $519 billion in Canadian ETFs. However, the overall distribution of investable assets is changing rapidly.


Just five years ago, Canadian ETFs had $257 billion of assets under management, or 13% of total mutual fund and ETF assets combined.


By the end of 2024, ETF assets represented about 19% of the total mutual fund and ETF assets combined....

Physical gold and silver have been stellar performers over the past two decades—including beating the S&P 500—and with gold hitting an all-time high in February 2025.


Here we look at four ETFs that aim to benefit from the long-term positive trends in precious metals (see the supplement on page 40 for more information).


SPROTT PHYSICAL GOLD AND SILVER TRUST $39.07 (Toronto symbol CEF; TSINetwork ETF Rating: Aggressive; Market cap: $7.8 billion) invests in physical gold and silver bullion held in the vaults of the Royal Canadian Mint....

GLOBAL X US LARGE CAP INDEX ETF $97.06 (Toronto symbol HULC; TSINetwork ETF Rating: Conservative; Market cap: $329.8 million) invests in U.S. publicly listed companies. The ETF is not currency hedged, but there is also a version denominated in U.S....

BMO U.S. PUT WRITE ETF $15.89 (Toronto symbol ZPW) sells put options on a range of U.S. large-cap stocks to generate income for the ETF. These options give the put buyers the right to sell specific stocks to the ETF at a pre-determined price....

Cybercrime can have major consequences for individuals, corporations and governments, alike. As a result, cybersecurity will continue to be a high-growth industry, and companies that provide effective protection will benefit accordingly.


Here are two ETFs that aim to benefit from the opportunities ahead for providers of cybersecurity products and services (see the Supplement on page 39 for more information).


FIRST TRUST NASDAQ CYBERSECURITY ETF $63.64 (Nasdaq symbol CIBR; TSINetwork ETF Rating: Aggressive; Market cap: $8.1 billion) tracks the Nasdaq CTA Cybersecurity Index....