We reiterate this Canadian preferred share ETF as a TOP PICK. Preferred shares have generally been under pressure as interest rates have gone up, so this is a good entry point. It has a low MER of 0.5% and an attractive yield. We continue to recommend a stop loss at $8.40, looking to achieve $10.75 – upside potential of 19%. Yield 6.0%
We reiterate this low MER ETF as a great way to hold cash within your portfolio. It holds capital in deposits with Schedule 1 banks and offers a high interest yield - great for holding within registered accounts. This is not a holding to generate massive capital gains - just one to park your cash. Yield 4.1%
We reiterate this US dollar ETF as a good defensive strategy. If there is a market run to safety, this low fee ETF is a good way to buy some protection. We continue to recommend a stop-loss at $13.25, looking to achieve an initial upside target of $16 -- upside potential of 18%. Yield 1.7%
(A Top Pick Mar 02/23, Up 20%)Stockchase Research Editor: Michael O'Reilly
Our PAST TOP PICK with MTG has achieved its objective at $16.50. To remain disciplined, we recommend covering half the position at this time and maintaining the stop at $15.00
We reiterate this Canadian preferred share ETF as a TOP PICK. Preferred shares have generally been under pressure as interest rates have gone up, so this is a good entry point. It has a low MER of 0.5% and an attractive yield. We continue to recommend a stop loss at $8.40, looking to achieve $10.75 – upside potential of 19%. Yield 6.0%