The Hidden Drawbacks of Split-Share Corporations

The Hidden Drawbacks of Split-Share Corporations

Split-share corporations come with inherent drawbacks that can hand investors unexpected and unwelcomed costs sooner than they’d planned
Split-share corporations: they’re just one of the areas in which Pat McKeough’s Inner Circle can get our investment research. Members also get to ask investment questions of Pat… Read More

Q: Pat, what do you think of Empire Company? Thank you.

A: Empire Company Ltd., $40.37, symbol EMP.A on Toronto (Shares outstanding: 238.5 million; Market cap: $9.7 billion; www.empireco.ca), is primarily a food retailer and also invests in real estate.

The company operates through two segments: Food retailing, and Investments and other operations.

Empire’s Food retailing segment does… Read More

Q: I am wondering about investing in the Global X Seasonal Rotation ETF. What are your thoughts on this ETF? Thank you.

A: The Global X Seasonal Rotation ETF, $31.08, symbol HAC on Toronto (Units outstanding: 7.0 million; Market cap: $217.6 million; www.globalx.ca), aims to tactically spread and move around its holdings between stocks, fixed-income investments, commodities and currencies based on historical seasonal trends.

The managers believe that… Read More