Currency Hedging Comes At a Cost With ETFs

Currency Hedging Comes At a Cost With ETFs

Any currency volatility can send investors hunting for hedged ETFs. But the extra costs limit the appeal of currency hedging as a strategy.
If you want to buy U.S. stocks and hedge against the U.S. dollar’s movements against the Canadian dollar, you could buy a hedged… Read More

High-quality clientele give Amex an edge

AMERICAN EXPRESS CO. $100 (New York symbol AXP, Conservative Growth Portfolio, Finance sector; Shares outstanding: 847.0 million; Market cap: $84.7 billion; Price-to-sales ratio: 2.3; Dividend yield: 1.4%; TSINetwork Rating: Average; www.americanexpress.com) is one of the world’s largest issuers of payment cards. As of December 31, 2018, it… Read More

Metro’s big acquisition cuts its risk

METRO INC. $48 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 255.7 million; Market cap: $12.3 billion; Price-to-sales ratio: 0.8; Dividend yield: 1.5%; TSINetwork Rating: Average; www.metro.ca) operates 600 grocery stores and 650 drugstores, in Quebec, Ontario and New Brunswick.
In May 2018, Metro acquired Jean… Read More

Our top ETF for 2019

SPDR S&P 500 ETF $258 (New York symbol SPY) holds the stocks in the S&P 500 Index; they are 500 major U.S. companies chosen based on their market cap, liquidity and industry group.
The highest-weighted stocks for the SPDR S&P 500 ETF are Microsoft, 3.8%; Apple, 3.4%; Amazon.com,… Read More

Five North American ETF buys and one sell

The six ETFs we update below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index. That’s different from ETFs focused on narrower indexes or themes such as cryptocurrencies or biotechnology.
Of… Read More