TD will soon has 4 new ETFs coming soon!

TD set to off investors with 4 new ETFs.  Source with The Globe and Mail indicated TD previous attempted to enter into the ETFs business were withdraw and now are ready to list 4 new ETFs.

The four funds are:

• TD Canadian Aggregate Bond Index ETF (TDB) will passively track the S&P Canada Aggregate Bond Index and will hold Canadian fixed income securities.

• TD International Equity Index ETFs (TPE and CAD-hedged THE) will passively track the S&P EPAC Ex-Korea Large MidCap Index and hold international equities. Both currency hedged and non-hedged funds will be available.

• TD S&P 500 Index ETFs (TPU and CAD-hedged THU) will passively track the S&P 500 index and invests in U.S. large-cap stocks. Both currency hedged and non-hedged funds will be available.

• TD S&P/TSX Capped Composite Index ETF (TTP) will passively track the S&P/TSX Capped Composite index and invests in Canadian stocks.

The management fee is very attractive as it ranged from 0.07 per cent to 0.18 per cent.

MBNA Smart Cash MasterCard credit card

Investing through ETF is one way to earn passive income through investing.  However, everyday, you spend using your credit card.  A great way to save and earn more is purchasing grocery and gas through the best no-fee cash back rewards in Canada.  

In a promotion with  Great Canadian Rebates, a truly Canadians to save earn money back through purchases items online.  Great Canadian Rebates is offering $60 rebate by signing up the credit through the website.  You will need to go to the link above, sign up and click on the MBNA Smart Cash MasterCard link.

Sign up for the MBNA Smart Cash MasterCard here.  You must go through Great Canadian Rebates link in order to earn $60.  You must not exit the browser and come back to sign the link.  See Great Canadian Rebates for more details.

Here is the summary of the Benefits for using the MBNA Smart Cash MasterCard:

• Up to 5% cash back on qualifying net retail gas and grocery purchases for the first 6 months
• Up to 3% cash back on qualifying net retail gas and grocery purchases thereafter
• Up to 1% cash back for all other qualifying net retail purchases
• Around-the-clock fraud protection
• Free online access to your credit card account
• 1.99% annual interest rate on balance transfers, access cheques and deposits for the first 10 full months
• No annual fee  free additional cards you’ll start to see the benefits right away
• Once your cash back totals at least $50 at the end of a monthly billing cycle, they’ll automatically mail you a cheque - it’s that simple
• MBNA is now part of the TD Bank Corporation

Only the first $600 spent each month will earn 3% cash back rebate paid on gas and grocery purchases All other purchases thereafter are eligible for 1% cash back.  Other purchases other than gas and grocery will earn you 1% cash back.  Notice that Walmart SuperCenter also earns you 3% even with non-grocery items!

iPhone 5 is coming soon...

Investing in technology sometime can be difficult, however, investors who invested in Apple (AAPL) are in some happy campers.  iPhone 5 rumored to be coming out sometime in August to November of this year.  I can see the stock is going back to the 52 week high level.

Sell in May, Go Away (Review)

Today is the first day of June.  It has been a rough ride for both TSX and S&P500.  Sell in May, go away seems to work for this year again.  TSX and S&P500 has fell more than 6% for the month.  Bond yields have been the lowest in years.  The situation seems to be not getting any better.  The strategy is to continue to hold U.S. and Canadian Bonds in the up coming bonds.  Also starting to buy few index along the way from time to time.

Sell in May, Go Away II

Today, two significant loses in TSX proven Sell in May, Go Away is true again.  I have sold many during the month of April and now watching the stocks go down in triple digits in number of days.  I will keep watching on Euro market and see if they are in a recovery mode.  However, I will see that the US market will outperform the Canadian market this year.

Sell in May, Go Away

Many of you might already heard of the phase - "Sell in May, Go Away!".  During the summer months, many stock buying and selling activities might be slowing down due to vacation season.  Stock prices usually go lower due during the summer season.  Hence, many investors usually sell during the month of May and buy back the stocks on the month of September.  I usually follow this theory as I am selling some of my holdings throughout the month of April ahead of summer season.  I will update on this website to see if the trend is correct for this year.

Canada's Interest Rates remain unchanged at 1 per cent

The Bank of Canada has left the key overnight interest rate unchanged at one per cent, but signals to remove monetary stimulus may become appropriate.  It is also signals that interest rate may rise by the end of the year.


What should we do with the low interest rate environment but anticipate interest rate interest.  If you have variable rate, you should consider to pay off as fast as it can.  Keep the fixed rate mortgage as it will not change the rate during the length of the contract.