Thursday, June 5, 2008

XIT (TSX) concentrates on Waterloo Companies

An example of ETF that concentrate on one or two hightech stocks in Canada is not a good idea. For example, for MER 0.55%, you are getting:

29% - RESEARCH IN MOTION
18% - NORTEL NETWORKS CORP
17% - CGI GROUP INC - CL A
10% - OPEN TEXT CORP
10% - CELESTICA INC
7% - MACDONALD DETTWILER & ASSOC
7% - TERANET INCOME FUND
2% - AASTRA TECHNOLOGIES LTD

39% of the portfolio are companies located at Waterloo, Ontario.

Becareful when you adding ETF into your portfolios.

Wednesday, May 7, 2008

Visa and MasterCard Stock

Visa and Mastercard stocks have been up quite a lot. I admit that I have miss the boat. However, I am not taking any risk on non-dividend paying stock even Mastercard has a very small dividend yield.

One way to play using ETF is the "First Trust IPOX 100 Index ETF" (FPX). The ETF tracks an index of top 100 IPOs. The fund allows you to play IPOs without volatile movements because it only adds the new IPO on their seventh trading day in the market.

Another ETF is (IYF) which is the iShares Dow Jones US Financial Sector which Visa could be next to join into the index.

Wednesday, February 13, 2008

Dividend Trusts

Daylight Resources Trust (DAY.UN) in TSX is one of the higher potion of gas in its production. The yield as of February 13, 2008 is around 14.11%. Investor should consider this stock for part of its income portfolio.

Tuesday, January 29, 2008

Horizons BetaPro ETF

Horizons BetaPro ETFs celebrating their 1st Anniversary and the launch of 10 additional ETFs click here for your invitation