Stockchase Opinions

Daniel Straus Purpose Core Dividend Fund PDF-T PAST TOP PICK May 19, 2023

(A Top Pick Dec 01/22, Down 3%)

Regional US & Canadian holding.
Canadian eligible dividends.
Good for investors looking to reduce foreign income dividend rate.
Not a great performance lately, but good for the long term.


$29.930

Stock price when the opinion was issued

0
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BUY

Likes dividend ETF’s that are broadly diversified, and that will pay you income as a proxy for bonds, GICs or bond ETF’s. Doesn’t prefer them for the equity portion, but would rather have a pure equity play if you want it for that.

DON'T BUY

High dividend names. He is not sure why you would not just buy BRK either the A or B class.

TOP PICK
Unique, as it combines Canada and US in a single exposure. Not the highest yielding or the cheapest at 60 bps. Gives you exposure to US dividends without receiving them as foreign income. May be capital gains. Good for smaller accounts that need tax-efficient income.