One of the most important principles of sound investment management is staying on top of what’s happening in the world and how those events affect finances. Conditions change quickly, and keeping up-to-date on developments and trends can be challenging. The team of experts producing IWB have been advising Canadian investors for over 25 years.
Edited and Published by Gordon Pape. Associate Editor: Richard Croft
With Gavin Graham, Ryan Irvine, Glenn Rogers, Shawn Allen, Adam Mayers, Paul Bamford & Michael Corcoran.
Recent Issues
iwb22527 (July 28, 2025)
A cloudy crystal ball… The Week… The Epstein deflection… Richard Croft updates Premium Income Corporation Class A Shares, BMO Covered Call Canadian Banks ETF, BMO S&P/TSX Equal Weight Banks Index ETF, iShares MSCI Europe IMI Index ETF… Gordon Pape updates five winning ETFs
iwb22526 (July 21, 2025)
Celestica still surging… The Week… Walking the M&A line… Ryan Irvine updates Firan Technology, Groupe Dynamite… Resources are hot but be cautious… Financial Factoids: Quotable Quotes
iwb22525 (July 14, 2025)
Small caps shine… The Week… Military spending should boost MDA… CAE beats forecasts… AI drives Nvidia, Microsoft… Telecoms: Is the storm over?… Gordon Pape updates Richelieu Hardware, AT&T… Glenn Rogers updates WisdomTree Cybersecurity ETF… Masters of Finance: Victoria Woodhull and Tennessee “Tennie” Claflin
iwb22254 (July 7, 2025)
Good first half. What now?… The Week… Insurance isn’t sexy. Just profitable…. Gavin Graham updates Jeffries Financial Group, Fairfax Financial, iA Financial Group… Gordon Pape updates low-volatility ETFs
Recent Updates
CI First Asset Morningstar Canada Value Index ETF (TSX: FXM)
This fund invests in stocks of the largest and most liquid Canadian companies based upon proprietary research by Morningstar. It is designed to provide diversified exposure to stocks which are considered as “good value” based on characteristics like low p/e ratios and low price to cash flow ratios.
Hold
iShares Core S&P U.S. Total Market ETF (TSX: XUU)
This ETF tracks the entire US market, including small-, medium-, and large-cap stocks. It comes in both a hedged version (XUH) and an unhedged version (XUU). We have recommended XUU.
Take half profits
BMO S&P/TSX Equal Weight Banks Index ETF (TSX: ZEB)
ZEB holds the same portfolio as ZWB. However, ZEB does not write covered calls to increase the ETF’s cash flow. Rather, it simply holds the underlying banks and pays out a monthly distribution that approximates the dividends paid by the banks.
Hold
Harvest Tech Achievers Growth and Income ETF (TSX: HTA)
The fund invests in an equally weighted portfolio of 20 large cap tech companies such as Oracle, Meta, Microsoft, and Texas Instruments. The managers write covered call options to generate extra income, on top of dividends.
Hold
Premium Income Corporation Class A Shares (TSX: PIC.A)
Premium Income Corporation has two components; a preferred share (PIC.PR.A) and a capital share (PIC.A). Both pay monthly dividends. The preferred offers a stable payout yielding about 8.1%. The capital shares represent capital appreciation above the preferred share’s redemption price. The corporation, which is run by Mulvihill Investment Management, holds an equal weighted position in the six major Canadian banks. It writes covered calls and cash-secured puts to reduce portfolio volatility and enhance the monthly payouts.