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Judging by reports in the media, today’s most-asked investment question is, “What’s going to happen with inflation?”

It’s easy to understand the high level of interest. If you knew where inflation would go—up, down or sideways—it would give you an enormous advantage as an investor....
JAMIESON WELLNESS INC., $36.12, symbol JWEL on Toronto, produces health and wellness products under several brands including Jamieson Vitamins, Iron Vegan, Progressive, Precision, and Smart Solutions. Established in 1922, the company’s products are distributed to over 10,000 retail locations across Canada....
MAJOR DRILLING GROUP INTERNATIONAL INC., $11.64, is a buy for aggressive investors. The company (symbol MDI on Toronto) is a large contract driller mainly serving the mining industry.

The stock jumped over 10% this week after the company reported stronger results in the latest quarter.

Demand for Major’s specialized drilling services, especially from senior gold producers, is beginning to recover....
3M COMPANY, $137.65, New York symbol MMM, remains a buy.

The company makes over 60,000 consumer and industrial goods, including air purifiers, adhesives, bandages and components for medical devices. Investors tap its main brands, including Post-it notes, Scotch tape, Scotch-Brite cleaning products, Scotchguard protection and Thinsulate insulation.

3M last raised its quarterly dividend with the March 2022 payment....
CAMPBELL SOUP CO., $46.93, New York symbol CPB, is still a buy for long-term gains.

Under its new strategic plan, which began in 2018, Campbell sold most of its international and refrigerated-foods businesses. That let it focus on canned soups, pasta and V8 vegetable juices....
NUTRIEN LTD., $110.41, Toronto symbol NTR, remains a buy for aggressive investors.

The company is the world’s largest producer of agricultural fertilizers. It took its current form on January 1, 2018, when Agrium Inc. (old symbol AGU) merged with rival Potash Corp....
Cash has been a poor performer for the past 20 years, not even keeping pace with the low rate of inflation. Almost every asset class has done much better. But some cash can be useful when equity markets turn down—it can provide investors the opportunity to buy stocks at lower prices and it offers a buffer for investors that regularly extract money from their portfolios to cover expenses.


Lastly, cash returns may rise as central bankers ramp up their fight against inflation....
Investors aiming to beat inflation over time—without taking undue risk—have a variety of options presented by exchange-traded funds. While, looking back is of limited use going forward, here are some of the results from academic studies of the volatility, downside risk, and total return of a select group of ETFs over the past 5 years:



  • Balanced ETFs that are diversified across asset classes, succeeded in lowering portfolio volatility and downside risk but delivered a much lower return than the broader market.
  • Equity ETFs designed to lower portfolio volatility by focusing on less volatile stocks delivered lower volatility but their returns lagged the market—although, on average, by a small margin....

This month we highlight an ETF from Invesco that invests in metals used for electric vehicles and batteries. We also highlight an ETF from RBC iShares aimed at providing access to a global portfolio of stocks engaged in “exponential technologies.”


INVESCO ELECTRIC VEHICLE METALS COMMODITY STRATEGY ETF $27.84 (New York symbol EVMT) invests in metals that are commonly used in the manufacture of electric vehicles and batteries.


The ETF invests in a diverse basket of futures contracts to get exposure to those metals—specifically copper, aluminum, nickel, cobalt, and iron ore.


The fund launched on April 27, 2022, and charges a management fee of 0.59%....
Nestle is the largest holding in the iShares MSCI Switzerland ETF at 21.5%. That’s high for any single stock, but the firm continues to be a top global stock.


As a 150-year-old company, Nestle is the largest food producer and distributor in the world. Its size is considerable; in fact, its market value and operating profits are more than U.S....