Two activists target Sempra

SEMPRA ENERGY $115 (New York symbol SRE; Utilities Sector; Shares outstanding: 273.5 million; Market cap: $31.5 billion; Dividend yield: 3.1%; Takeover Target Rating: Medium; www.sempra.com) distributes electrical power and natural gas to over 45 million customers in Southern California, Texas, Chile and Peru. It also builds and operates… Read More

Pass on this ETF

DIRECTION IBILLIONNAIRE ETF (no longer listed) aimed to replicate the largest stock holdings of a select group of 10 billionaires.
As we forecast in November 2017 for our very first issue of Best ETFs for Canadian Investors, this ETF did indeed struggle to gain traction. That was despite… Read More

Here’s two ETFs that aim to track Buffett

We think it’s all but impossible to duplicate the investment success of celebrated investors such as Warren Buffett, Bill Ackman, Carl Icahn, Daniel Loeb and David Tepper. That hasn’t kept these two ETFs from trying. Each aims to track the holdings of the most prominent… Read More

Q: Pat: Can I have your recommendation on these two mutual funds: Fidelity Income Allocation Fund and the Manulife Yield Opportunities Fund? Thanks.

A: We have moved away from recommending mutual funds in favour of lower-fee exchange-traded funds (ETFs).
However, some mutual funds are okay to hold if you own them.
The Fidelity Income Allocation Fund is a tactical asset allocation fund. These funds shift their portfolio allocations between stocks,… Read More

Dividend Increase for TROW Investors

T. ROWE PRICE GROUP INC. $69 (Nasdaq symbol TROW; HighGrowth Dividend Payer Portfolio, Finance sector; Shares outstanding: 248.2 million; Market cap: $17.1 billion; Dividend yield: 3.3%; Dividend Sustainability Rating: Highest; www.troweprice.com) sells mutual funds and wealth management services.
The company will raise its quarterly dividend with… Read More