Q: Pat: Could I have your recommendation on Harvest Healthcare ETF (HHL): Even with share prices down because of the market, this dividend of about 9% seems too good to be true. Is this ETF a good choice for income?

A: Harvest Healthcare Leaders Income ETF, $7.74, symbol HHL on Toronto, (Units outstanding: 131.6 million; Market cap: $1.0 billion; www.harvestportfolios.com), holds a portfolio of 20 large-cap global healthcare companies. The fund’s manager selected them based on their perceived potential to provide attractive monthly income and… Read More

Pass on this ETF

HORIZONS ENHANCED INCOME GOLD PRODUCERS ETF $26.82 (Toronto symbol HEP) invests in an equal-weighted portfolio of North American-listed gold mining companies. The portfolio currently holds 14 stocks with all the top producers such as Barrick Gold and Newmont Corp. represented.
The ETF yields a high 6.8%. However, the dividend income… Read More

Q: Pat, I have a question for you: what is the Inner Circle’s thinking on Harvest Healthcare Leaders Income ETF and its very high yield? Thank you.

A: Harvest Healthcare Leaders Income ETF, $8.29, symbol HHL on Toronto, (Units outstanding: 116.0 million; Market cap: $961.6 million; www.harvestportfolios.com), holds a portfolio of 20 large-cap global healthcare companies, selected by the fund’s manager for their potential to provide attractive monthly income and long-term growth.

The… Read More

Q: Pat, could you comment on Harvest Health ETF (HHL): The dividend of about 8% seems unreal. Is this ETF a good choice for income?

A: Harvest Healthcare Leaders Income ETF, $8.60, symbol HHL on Toronto, (Units outstanding: 89.7 million; Market cap: $771.4 million; www.harvestportfolios.com), holds a portfolio of 20 large-cap global healthcare companies, selected by the manager for their potential to provide attractive monthly income and long-term growth.

The ETF… Read More

Q: Pat, the bulk of my investments are in North America. I am looking at Europe and thought that an ETF holding solid blue chips would be best for me. As I also require income, I came across ZWP, which pays a very good dividend and holds high-quality companies. Do you think that this would be a good ETF at this time? Thanks.

A: BMO Europe High Dividend Covered Call ETF, $16.40, symbol ZWP on Toronto (Units outstanding: 63.6 million; Market cap: $1.0 billion; www.bmo.com/gam), invests in a dividend-focused portfolio of European stocks.
The fund started up in March 2018. Its MER is a relatively high 0.71%.
Its top holdings… Read More

Should you use a robo-advisory in your ETF investing?

Should you use a robo-advisory in your ETF investing?

A robo-advisory may be better than a bad broker, but there are still downfalls
A robo-advisory involves automated, Internet-based advice and portfolio management services.

A robo-advisory may offer beginning investors a more efficient, lower-cost investment approach, compared to what’s now open to them. Unfortunately, robo-advisors are likely… Read More