iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (TSX: CDZ)
Fund Card With market volatility on the upswing, investors’ attention started to turn to better quality, and higher yielding issues, which this ETF invests in. To qualify for inclusion, a company must have increased dividends for at least five consecutive years. Another thing I like about this ETF is its valuation metrics look more favourable than the broader market, with valuations lower, and a...
Read MoreBMO Monthly Income Fund (TSX: ZMI)
Fund Card At the end of November, the ETF held nearly 60% in income equity ETFs, 37% in corporate bond, and the rest, just over 4% in emerging market debt. For the three months ending October 31, it was down by 2.2%, which while disappointing, did manage to outpace the 60/40 equity / fixed income benchmark. A big key to this recent outperformance stems from its conservative positioning, with...
Read MorePowerShares Tactical Bond ETF (TSX: PTB)
Fund Card This is a tactically managed, diversified bond portfolio that provides exposure to Canadian government, investment grade corporate, and real return bonds, as well as U.S. high yield, and emerging market debt. The portfolio management team will tactically shift the exposure to a number of underlying ETFs in an effort to best position the portfolio for the market. To be blunt, so far,...
Read MorePowerShares Senior Loan CAD Hedged ETF (TSX: BKL)
Fund Card It was not a good quarter for riskier parts of the fixed income market, including leveraged loans. For the three-month period ending October 31, BKL dropped 2.07%, lagging its peers, and benchmark. With markets becoming extremely volatile, investors shunned riskier assets, and instead moved into safer haven assets. If nothing else, this highlights why floating rate notes and loans...
Read MoreTop Funds Report – December 2015
Download a PDF Copy of this report Fed Moves on Rates Zero interest rate era is over with quarter point increase in rates… After months of speculation, the U.S. Federal Reserve Board increased interest rates by a quarter point, ending practically seven years of near zero rates. Initial market reaction was positive, with North American indices rallying sharply higher after...
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