These preferreds were first issued in 2003 at $25.50. At the time, they paid a quarterly dividend of $0.34625 ($1.385 per year) to yield 5.4%. The dividend is reset every five years at not less than 80% of the five-year Government of Canada bond yield.
Category: Picks
iShares Global REIT ETF (NYSE: REET)
this ETF provides international REIT exposure.
This ETF invests in units of its U.S. counterpart.
This ETF invests in U.S. dollar-denominated government bonds from emerging market issuers by including up to three bonds per country. The U.S. dollar exposure is hedged back to Canadian dollars.
The goal of this ETF is to track the performance of the broad U.S. bond index, net of fees and expenses and hedged to the Canadian dollar.
Morguard REIT (TSX: MRT.UN, OTC: MGRUF)
These are real estate investment trust units traded on the TSX, with market cap of about $700 million, and over 60 million shares outstanding, which ensures plenty of liquidity.
A core holding for income seekers.
This actively managed ETF aims to provide regular dividend income and modest long-term capital growth by investing in some of the world’s best dividend paying stocks. It is sub-advised by Guardian Capital.
Horizons Active Cdn Dividend ETF (TSX: HAL)
This is an actively managed ETF that invests in a portfolio of North American securities (mainly Canadian) that pay above-average dividends.
This ETF provides exposure to Europe’s leading financial institutions.
Restaurant Brands is the third-largest global fast-food company with operations in more than 100 countries. It has 31,000 stores, of which 65% are Burger Kings, 18% are Tim Hortons, and 13% are Popeye’s Louisiana Kitchen locations. The remainder are Firehouse Subs.
YUM! Brands Inc. (NYSE: YUM)
Yum! Brands is the holding company that owns Taco Bell, Kentucky Fried Chicken (KFC), and Pizza Hut. It is the second largest global fast-food chain and is about half as big as McDonald’s by revenue. It has 57,000 restaurants in 290 countries with almost half of its revenue coming from the US. China is its […]
This ETF is based on the 100 largest listed companies in the FTSE 100 Index.
Atlantica is a London-based sustainable company that owns a diversified portfolio of renewable energy, efficient natural gas, electric transmission, and water assets in North and South America, and certain markets in Europe, the Middle East, and Africa (EMEA).
Alexandria is a specialty REIT that develops laboratories, medical offices, and related space that caters to the life sciences. It tends to cluster around universities, which gives its customers access to skilled labour and the entrepreneurial spinoffs that come from academic research.
Digital Realty Trust (NYSE: DLR)
DLR specializes in cloud computing, artificial intelligence, and the Internet of Things
This preferred has a non-investment grade rating so is therefore higher risk.
This preferred is investment-grade level (barely) and is rated Pfd-2L.
Global X SuperDividend REIT ETF (NDQ: SRET)
This ETF invests in 30 of the highest yielding REITs in the world. The overwhelming majority of these (87%) are in the U.S., with the rest spread among France, Australia, and the Netherlands.
Chegg Inc. (NYSE: CHGG)
Chegg provides services and textbook rentals to students throughout America.
This fund seeks to track the FTSE World Government Bond Index, hedged back to Canadian dollars.
Fiera Capital (TSX: FSZ, OTC: FRRPF)
Fiera Capital is one of the top three independent asset managers in Canada and one of the top 70 in North America with $174.5 billion in assets under management (AUM) as of March 31.
VXX provides exposure to a daily rolling long position in the first and second month VIX futures contracts and reflects views of the future direction of the VIX index at the time of expiration of the contracts comprising the Index.
United Parcel Service (NYSE: UPS)
UPS is the world’s largest package delivery company, with a market capitalization of US$87.6 billion. It operates in 220 countries and territories and employs 481,000 people. Its operations include a cargo airline, freight-based trucking, and 5,000 franchised UPS stores. In 2018, it had net income of US$4.79 billion and revenues of US$71.8 billion.
This ETF provides exposure to a portfolio of equities from quality companies with active share buyback programs that have significantly and consistently reduced their outstanding share count. The fund replicates, to the extent possible, the performance of the CIBC Canadian Buyback Index. It uses a proprietary rules-based methodology to select TSX-traded securities that meet minimum […]
Precious metals are considered safe havens during a recession.
The second-largest producing silver miner in North America
The world’s largest medical device company
This is the smallest of the big five Canadian banks but also the highest yield among the group.
Viemed Healthcare Inc. (TSX, NDQ: VMD)
Viemed, through its wholly-owned subsidiaries, Sleep Management and Home Sleep, is a participating Medicare durable medical equipment supplier that provides post-acute respiratory care services in the United States.
AltaGas Canada (TSX: ACI)
AltaGas Canada was spun off from its parent AltaGas in October 2018 as part of the latter’s debt reduction program after it doubled its size by acquiring U.S. utility WGL. AltaGas retains a 36.8% stake in ACI. ACI owns or operates regulated natural gas utilities in three provinces (Alberta, B.C., and Nova Scotia) with 130,000 […]
Aritzia is an innovative design house and fashion retailer catering to women.
Arista Networks Inc. (NDQ: ANET)
Arista Networks is a pioneer in software-driven, cognitive cloud networking for large-scale datacenter and campus environments.
Ericsson (NDQ: ERIC)
Swedish-based Ericsson (the legal name is Telefonaktiebolaget LM Ericsson) is one of the world leaders in 5G technology.
Apple Covered Call
An actively managed portfolio of large-cap Canadian stocks
This ETF was launched in 2007 and holds 86 global stocks in the transportation, communication, water, and electricity services sectors. Five Canadian energy firms are included in the holdings.
An infrastructure fund with US, Canadian, and UK holdings
CI Canadian REIT ETF (TSX: RIT).
This ETF holds a portfolio of Canadian REITs and real estate companies.
Canoe EIT Income Fund (TSX: EIT.UN)
This is a closed-end fund that trades on the Toronto Stock Exchange under the symbol EIT.UN. It invests in a portfolio of high-quality U.S. and Canadian stocks, mainly large- and mid-cap companies. Names in the portfolio include Berkshire Hathaway, Bank of Montreal, Brookfield Asset Management, Wells Fargo, Coca-Cola, Johnson & Johnson, Microsoft, and Royal Bank.
Waste Connections Inc. (TSX, NYSE: WCN)
Toronto-based Waste Connections operates both in Canada and the U.S., serving six million residential, commercial, and industrial customers. It is also active in the oil patch, providing waste disposal for that segment. The business is vertically integrated since the company controls everything from collection to recycling to landfill. That sets it apart from some of […]
iShares China Large Cap ETF (NYSE: FXI)
This ETF tracks the performance of the FTSE China 50 Index, which comprises the country’s largest companies.
International Business Machines is one of the world’s largest technology companies.
Questor Technologies (TSX-V: QST)
Questor was founded in 1994. It is headquartered in Calgary, with field offices in Grande Prairie, Alberta, Brighton, Colorado, and Brooksville, Florida. The company is active in Canada, the United States, Europe, and Asia and is focused on clean air technologies that safely and cost effectively improve air quality, support energy efficiency, and greenhouse gas […]
This REIT specializes in light industrial properties, mainly located in Canada but with a U.S. expansion strategy. It owns and operates a portfolio of 223 geographically diversified properties comprising approximately 20.2 million square feet of gross leasable area.
Archer-Daniels-Midland (NYSE: ADM)
Headquartered in Chicago, ADM is one of the world’s largest agricultural processors and food ingredient providers. It has approximately 31,000 employees serving customers in more than 170 countries. It has approximately 500 crop procurement locations, 270 ingredient manufacturing facilities, 44 innovation centres, and an extensive crop transportation network.
Boralex Inc. (TSX: BLX, OTC: BRLXF)
Montreal-based Boralex is a renewable energy company producing electricity from sustainable sources such as wind, solar, and hydro.
AeroVironment (NDQ: AVAV)
AeroVironment is largest supplier of small, unmanned aircraft systems (drones) to the Pentagon and to dozens of allied nations. It also manufactures tactical missile systems. Some of their products are used for search and rescue operations but most are for military purposes.
This REIT invests in a portfolio of light industrial properties. It has a few assets in the West and one in the Maritimes, but the prime focus is on Ontario and Quebec.
The fund is well suited for defensive portfolios.