The Panic-Proof Portfolio (Stockchase Research)

HSUV.U is a way for investors to hold US cash during market uncertainty.  It has a low-MER (0.2%) and holds high interest savings accounts in US dollars within Canadian chartered banks.  It is highly tax efficient as it does not pay interest or make distributions -- you claim a capital gain when you sell it.  Its one year return is 3.6%.  A safe harbour until markets stabilize.  Yield 0%

We reiterate HSAV a low-MER ETF in high-interest savings accounts from Canadian chartered banks as a TOP PICK.  It is highly tax-efficient, as it does not provide regular distributions; instead, it accumulates yield, which is only taxed as a capital gain upon sale. With a gross yield exceeding 2.2%.  A safe harbour for investors wanting to hold cash in non-registered accounts.  Yield 0%

We reiterate ZST, a low-MER ETF, holding investment grade Canadian corporate and government bonds with durations less than one year, as a TOP PICK.  It is competitive with HISAs and a very defensive holding.  A safe harbour to hold cash.  Yield 2.5%

We again reiterate this global energy ETF with holdings like Exxon, Chevron, Shell and Total among its global portfolio of 68 companies.  We like the diversification and global exposure at this time of uncertainty.  We recommend trailing up the stop (from $49) to $54, looking to achieve $70 -- upside potential of 18%.  Yield 2.6% 

We reiterate DBA, holding cocoa, sugar, soy beans, and other agricultural based futures along with short-term US treasuries as a TOP PICK.  Middle East and European geopolitical uncertainty continues to disrupt global agricultural flows and this acts as a hedge to higher food pricing.  We recommend trailing up the stop to $27, looking to achieve $34 - upside potential of 17%.  Yield 0%

Holding gold is always a good hedge for inflation and global geopolitical uncertainty.  AEM is an outstanding low-cost producer and it reiterated as a TOP PICK.  We continue to recommend a stop at $220, looking to achieve $335 -- upside potential of 18%.  Yield 1%

This ETF allows investors to participate directly in bitcoin.  Inflows of capital are once again rising for IBIT -- back to the levels seen in Oct 2025.  After experiencing a decline in April and May, the resurgence is a good sign for the return of upward momentum we look for while adding diversification.  We recommend setting a stop-loss at $34, looking to achieve $55 -- upside potential of 19%.  Yield 0%

ARGT allows participation in the market development of Argentina adding diversification.  The largest holding in the fund, MercadoLibre, is the central American equivalent of Amazon.  Energy stocks make up the other major holdings in the fund.   We recommend setting a stop-loss at $89, looking to achieve $115 -- upside potential of 18%.  Yield 0%

Under the new CEOs leadership, the fund has deployed about $40 billion of cash, including $17 billion in Q2 into Alphabet -- just as the company was added to the DJI index.  The stock trades at 23x earnings, 1.5x book and supports a ROE of 12%.  We recommend setting a stop-loss at $465, looking to achieve $600 -- upside potential of 18%.  Yield 0%

As one of the world's largest nitrogen producers, CF is well positioned for the continued global fertilizer shortage through 2027.  Recently reported earnings showed strong free cash flow, with growing reserves and shares being aggressively bought back.  Further production expansion is coming to further add to cash flow.  It trades at 13x earnings and supports a robust 39% ROE.  We recommend setting a stop-loss at $109, looking to achieve $160 -- upside potential of 18%.  Yield 1.5%

With quarterly transactions setting a record $4 trillion, we reiterate V as a TOP PICK.  Revenues in advisory and security services grew 34% -- showing more runway for growth.  It trades at 32x earnings and supports a robust 60% ROE.  We recommend trailing up the stop (from $335) to $350, looking to achieve $440 -- 18% potential upside.  Yield 0.7%

We reiterate this property and casualty insurance provider as a TOP PICK.  Recently reported net income hit an all time record high.  Homeowner claims were down 34%.  It trades at 8x earnings, 2.2x book and supports a 31% ROE.  Quarterly cash reserves are growing, while shares are bought back.  We continue to recommend a stop at $17, looking to achieve $24 -- upside potential of 21%.  Yield 1.0%

Our PAST TO PICK with IYT has triggered its stop at $84.  To remain disciplined, we recommend covering the position at this time.  When combined with previous guidance, this will result in a net investment loss of 2%.  

Our PAST TO PICK with HCRE has triggered its stop at $31.  To remain disciplined, we recommend covering the position at this time.  When combined with previous guidance, this will result in a net investment loss of 4%.  

Our PAST TO PICK with XLI has triggered its stop at $176.  To remain disciplined, we recommend covering the position at this time.  When combined with previous guidance, this will result in a net investment loss of 4%.