Topics
ISHARES MSCI JAPAN INDEX FUND, $82.80, is a buy. The ETF (New York symbol EWJ; buy or sell through brokers; us.ishares.com) aims to mirror the return of the Morgan Stanley Capital International Japan Index.
GREAT-WEST LIFECO, $59.32, is still a hold. The company (Toronto symbol GWO; shares o/s: 924.8 million; Market cap: $52.4 billion; TSINetwork Rating: Above Average; Yield: 4.1%; www.greatwestlifeco.com) is Canada’s second-largest life insurer, after Manulife Financial. It also offers pension and wealth management services. Power Corp. (Toronto symbol POW) owns 68.3% of the firm.
We think foreign stocks can safely make up 10% of a conservative investor’s portfolio. One way is through exchange-traded funds (ETFs) with an overseas focus. The best of those ETFs charge you very low management fees yet offer you well-diversified, tax-efficient portfolios of high-quality stocks.
Here’s a look at four international ETFs we see as suitable for new buying and two others we feel you should continue to hold.
Here’s a look at four international ETFs we see as suitable for new buying and two others we feel you should continue to hold.
GLOBAL X COPPER MINERS ETF, $59.30, is a buy. The ETF (New York symbol COPX; buy or sell through brokers; www.globalxfunds.com) lets you track the Solactive Global Copper Miners Index, with 41 global mining and exploration firms. The fund launched in April 2010.
Most precious metal stocks dropped along with the market in March 2020. They then quickly reversed that trend to soar for investors, in part because of gold’s appeal as a “safe harbour” in times of economic uncertainty. In fact, in August 2020, gold jumped to over $2,000 U.S. an ounce for the first time ever. Gold stocks also jumped.
NEWMONT CORP., $81.63, remains a buy for long-term growth and as a hedge against inflation. The company (New York symbol NEM; Shares outstanding: 1.1 billion; Market cap: $94.9 billion; TSINetwork Rating: Average; Dividend yield: 1.2%; www.newmont.com) is the world’s largest gold miner. It also produces copper, silver, lead and zinc.
Bank of Nova Scotia acquired a 14.9% stake in U.S.-banking firm KeyCorp (New York symbol KEY) in December 2024 in an effort to pivot away from its underperforming Latin American markets. KeyCorp provides a variety of financial services through 1,000 branches in 15 states.
Index funds are mutual funds that invest so as to match market-index performance. Exchange-traded funds (ETFs) hold baskets of stocks that represent stock indexes.
ETFs trade on stock exchanges, just like stocks.
ETFs trade on stock exchanges, just like stocks.
A: Private REITs are unlike Choice Properties and other conventional REITs, which are publicly traded. Private REITs themselves calculate the value of their units (usually just twice a year, but sometimes quarterly) and needn’t reveal all the information that’s available to investors in publicly traded investments.
Private REITs tout that lack of transparency as a benefit—since it avoids the volatility and speculation of public markets.
On the other hand, staying private also cuts the likelihood that nosy outsiders and analysts will find out about and draw attention to hidden risks and problems that the REITs happen to suffer from.
Private REITs tout that lack of transparency as a benefit—since it avoids the volatility and speculation of public markets.
On the other hand, staying private also cuts the likelihood that nosy outsiders and analysts will find out about and draw attention to hidden risks and problems that the REITs happen to suffer from.
A: Ecolab Inc., $257.03, symbol ECL on New York (Shares outstanding: 283.2 million; Market cap: $77.7 billion; www.ecolab.com), develops and markets chemicals and services for cleaning, pest elimination, sanitizing, and maintenance. It sells to customers in foodservices, food and beverage processing, healthcare, government, education, and retail.
The company operates through four main business units: Global Water (49% of revenue) serves customers in the water, food & beverage, paper, and textile-care fields; Global Institutional & Specialty (39%) sells its products to restaurants, hotels, schools and hospitals; Global Pest Elimination (8%) helps detect and eliminate pests; and Global Life Sciences (4%) makes pharmaceutical, personal care, infection and containment control systems.
The company operates through four main business units: Global Water (49% of revenue) serves customers in the water, food & beverage, paper, and textile-care fields; Global Institutional & Specialty (39%) sells its products to restaurants, hotels, schools and hospitals; Global Pest Elimination (8%) helps detect and eliminate pests; and Global Life Sciences (4%) makes pharmaceutical, personal care, infection and containment control systems.