Archive – Popular funds

NNRG -Ninepoint Energy Fund

Ninepoint Partners is one of Canada’s leading alternative investment management firms overseeing approximately $8 billion in assets under management and institutional contracts. Ninepoint offers mutual funds and ETFs targeting various sectors. The Ninepoint Energy fund is offered in two versions: a Mutual fund and an ETF.

The NNRG ETF version was launched in May 2021. Both have the same stated objective.

Review of NNRG ETF: Ninepoint Energy Fund

Top Ten Holdings

Issuer Name
Arc Resources Ltd
Baytex Energy Corp
Cardinal Energy Ltd (Alberta)
Cenovus Energy Inc (Alberta)
Enerplus Corp
Headwater Exploration Inc
Meg Energy Corp
Nuvista Energy Ltd.
Tamarack Valley Energy Ltd
Whitecap Resources Inc

please visit issuers’ website for up-to-date data

XEG – Ishares S&P TSX Capped Energy Index ETF XEG 

Funds objective: Seeks long-term capital growth by replicating the performance of the S&P/TSX Capped Energy Index, net of expenses.

In terms of holdings, Canadian Natural Resources and Suncor Energy make up almost 50% of the holdings. This high exposure reduces the benefit of diversification that’s usually desired by investors when buying an ETF.

The management fee is 0.55%.

XEG Morning star review

Rating: 2 out of 5.

NameWeight (%)
SUNCOR ENERGY INC26.21
CANADIAN NATURAL RESOURCES LTD23.48
CENOVUS ENERGY INC13.50
TOURMALINE OIL CORP8.97
IMPERIAL OIL LTD6.47
ARC RESOURCES LTD5.73
WHITECAP RESOURCES INC2.40
MEG ENERGY CORP2.29
ENERPLUS CORP2.25
CRESCENT POINT ENERGY CORP2.23

ZEO – BMO S&P TSX Eql Weight Oil Gas Index

The BMO Equal Weight Oil & Gas Index ETF (ZEO) has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Oil & Gas Index, net of expenses. In fact, the Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index.

ZEO Morning star review

Rating: 3 out of 5.

Weight (%)Name
14.35%CENOVUS ENERGY INC
13.34%SUNCOR ENERGY INC
12.13%IMPERIAL OIL LTD
11.82%CANADIAN NATURAL RESOURCES LTD
11.04%TOURMALINE OIL CORP
9.56%PEMBINA PIPELINE CORP
9.44%TRANSCANADA CORP
9.37%ENBRIDGE INC
8.87%KEYERA CORP

4-5) NXF CI First Asset Energy Giants ETF Unhedged and NXF-B CI First Asset Energy Giants Cov Call ETF

NXF is an actively managed ETF and it invests in the 15 largest energy companies listed in North American stock exchange. The Fund’s investment objective is to provide :

  • quarterly cash distributions;
  • capital appreciation by investing on an equal weight basis in a portfolio of equity securities of at least the 15 largest energy companies measured by market capitalization;
  • lower volatility of returns;
  • liquidity of the issuers’ equity securities and their related call options.

NXF is a currency hedged ETF. Whereas, NXF-B is not hedged against currency risk.

Name%
PETROLEO BRASILEIRO SA8.10
CANADIAN NATURAL RESOURCES LTD7.57
SUNCOR ENERGY INC7.40
EOG RESOURCES INC7.38
EQUINOR ASA7.17
CONOCOPHILLIPS6.70
BP PLC6.58
EXXON MOBIL CORP6.43
ENI SPA6.39
OCCIDENTAL PETROLEUM CORP6.31
CHEVRON CORP6.27
PIONEER NATURAL RESOURCES CO6.19
TOTAL SE6.18
ECOPETROL SA5.92
ROYAL DUTCH SHELL PLC5.85

Please consult issuers’ website for up-to-date data – Best Growth ETF

COW -Ishares Global Agri Index ETF

The fund seeks exposure to companies involved in the production of agricultural products, fertilizers and agricultural chemicals, agricultural machinery, and packaged foods and meats.

NameWeight
(%)
MOSAIC9.34
ARCHER DANIELS MIDLAND9.31
CORTEVA INC8.49
BUNGE LTD7.69
CNH INDUSTRIAL NV7.40
DEERE6.26
INTREPID POTASH INC5.78
TRACTOR SUPPLY5.37
TYSON FOODS INC CLASS A4.61
CF INDUSTRIES HOLDINGS INC4.49

Please consult issuers’ website for up-to-date data – Best Growth ETF

CIF Ishares Global Infrastructure Index ETF

CIF is an index ETF. It offers exposure to businesses involved in the the infrastructure sector. So, mainly stocks of companies offering transportation, water utilities, and electricity services

TickerNameSetorWeight
PWRQUANTA SERVICES INCIndustrials5.24
OKEONEOK INCEnergy4.63
CPXCAPITAL POWER CORPUtilities4.53
CIGCOMPANHIA ENERGETICA MINAS GERAISUtilities4.16
GEIGIBSON ENERGY INCEnergy3.80
WTEWESTSHORE TERMINALS INVESTMENT CORIndustrials3.76
TATRANSALTA CORPUtilities3.62
STNSTANTEC INCIndustrials3.36
NRGNRG ENERGY INCUtilities3.35
PACGRUPO AEROPORTUARIO DEL PACIFICO AIndustrials3.34

Please consult issuers’ website for up-to-date data

ZGI -BMO Global Infrastructure Index

BMO Global Infrastructure ETF (ZGI) is a passive index ETF. It invests in North American companies involved in the development, ownership, leasing, concession or management of infrastructure assets (minimum float-adjusted market capitalization of US$500 million)

Weight
(%)
Name
9.81%AMERICAN TOWER CORP
9.65%ENBRIDGE INC
8.32%CROWN CASTLE INTERNATIONAL CORP
6.22%NATIONAL GRID PLC
5.77%TC ENERGY CORP
5.68%SEMPRA ENERGY
4.63%WILLIAMS COS INC/THE
3.98%KINDER MORGAN INC
3.86%SBA COMMUNICATIONS CORP

Please consult issuers’ website for up-to-date data

XST -Ishares S&P TSX Capped Cons Stpl

XST is a passive ETF. It’s ideal for investors who would like to gain exposure to the Consumer Sataples sector. The fund replicates S&P/TSX Capped Consumer Staples Index.

XST Holdings

NameWeight
%
ALIMENTATION COUCHE TARD MULTI VOT27.87
LOBLAW COMPANIES LTD19.05
METRO INC16.74
GEORGE WESTON LTD11.23
EMPIRE LTD CLASS A7.03
SAPUTO INC6.29
PREMIUM BRANDS HOLDINGS CORP3.65
PRIMO WATER CORP2.93

Please consult issuers’ website for up-to-date data

ZLU -BMO Low Volatility US Equity ETF CAD

The purpose of BMO’s Low Volatility US Equity ETF (ZLU) is to provide exposure to a low beta weighted portfolio of U.S. stocks. Beta is a measure of volatility.

Weight (%)Name
1.58%CAMPBELL SOUP CO
1.55%DOLLAR GENERAL CORP
1.52%DOMINO’S PIZZA INC
1.51%JOHNSON & JOHNSON
1.45%MERCK & CO INC
1.40%KELLOGG CO
1.39%CBOE GLOBAL MARKETS INC
1.37%PFIZER INC
1.36%QUEST DIAGNOSTICS INC
1.36%BECTON DICKINSON AND CO

Please consult issuers’ website for up-to-date data

PRA -Purpose Diversified Real Asset Fund ETF

Invests in a diversified portfolio of commodities and equities linked to real assets, specially designed to protect against inflation.

nameweight
Gold Bars5.14%
Nutrien Ltd3.16%
Silver Bars2.61%
Archer-Daniels-Midland Co2.58%
Freeport-McMoRan Inc2.39%
Mosaic Co2.32%
Corteva Inc2.18%
CF Industries Holdings Inc2.06%
Nucor Corp1.89%
American Tower Corp1.83%

Please consult issuers’ website for up-to-date data

HMMJ-U – Horizons Marijuana Life Sciences  

HMMJ invests mainly in a basket of North American publicly listed life sciences companies with significant business activities in the marijuana industry. Their largest holdings are Aphria Inc and Canopy Growth Corp. This ETF is rebalanced on a quarterly basis to adapt to the ever changing nature of this industry.

HMMJ.U is a US $ denominated ETF.

AS AT MAY 28, 2021

Security NameWeight %
TILRAY INC CL 219.22
CANOPY GROWTH CORP .12.15
CRONOS GROUP INC .11.15
INNOVATIVE INDUSTRIAL PROPERTI .9.71
SCOTTS MIRACLE-GRO CO/THE .9.15
JAZZ PHARMACEUTICALS PLC .4.18
GROWGENERATION CORP .3.98
CHARLOTTES WEB HOLDINGS INC .3.6
HYDROFARM HOLDINGS GROUP INC .3.54
VILLAGE FARMS INTL INC .2.99

HMMJ – Horizons Marijuana Life Sciences  

HMMJ invests mainly in a basket of North American publicly listed life sciences companies with significant business activities in the marijuana industry. Their largest holdings are Aphria Inc and Canopy Growth Corp. This ETF is rebalanced on a quarterly basis to adapt to the ever changing nature of this industry.

AS AT MAY 28, 2021

Security NameWeight
TILRAY INC CL 219.22%
CANOPY GROWTH CORP .12.15%
CRONOS GROUP INC .11.15%
INNOVATIVE INDUSTRIAL PROPERTI .9.71%
SCOTTS MIRACLE-GRO CO/THE .9.15%
JAZZ PHARMACEUTICALS PLC .4.18%
GROWGENERATION CORP .3.98%
CHARLOTTES WEB HOLDINGS INC .3.6%
HYDROFARM HOLDINGS GROUP INC .3.54%
VILLAGE FARMS INTL INC .2.99%

FSF – CI First Asset Global Financial Sector ETF

The Fund’s investment objectives are to seek long-term total returns consisting of long-term capital appreciation and regular dividend income from an actively managed portfolio composed primarily of securities of issuers in the global financial services sector across developed and emerging markets.

Name%
SYNCHRONY FINANCIAL9,75
CITIGROUP INC9,62
ING GROEP NV7,90
BURFORD CAPITAL LTD6,09
CONDUIT HOLDINGS LTD4,46
EQUITABLE HOLDINGS INC4,43
EAST WEST BANCORP INC4,24
ATHENE HOLDING LTD3,96
MONETA MONEY BANK AS3,91
MANULIFE FINANCIAL CORP3,76

XIT – iShares S&P TSX Capped Info Tech

This  seeks exposure to the Canadian information technology companies. The index used is the S&P/TSX Capped Information Technology Index.

see below their top holdings

NameWeight %
SHOPIFY SUBORDINATE VOTING INC CLA30,19
CONSTELLATION SOFTWARE INC21,50
CGI INC14,36
OPEN TEXT CORP9,87
LIGHTSPEED POS SUBORDINATE VOTING5,48
DESCARTES SYSTEMS GROUP INC4,23
BLACKBERRY LTD3,74
NUVEI SUBORDINATE VOTING CORP3,11
KINAXIS INC2,51
ENGHOUSE SYSTEMS LTD1,30

As of July 23rd

ZID – BMO India Equity Index

The BMO Indian Equity ETF provides exposure to the Indian market which is one of the most promising emerging markets. The fund acquires certificates (ADRs) from major Indian companies listed on the Toronto, London and New York stock exchanges (NYSE and NASDAQ).

ZID sector allocation – Top 3

45.20% Financial Services

20.62% Technology

14.39% Energy

ZID Holdings

Weight
(%)
Name
15,64%ICICI BANK LTD
15,53%INFOSYS LTD
14,39%RELIANCE INDUSTRIES LTD
13,82%HDFC BANK LTD
8,50%LARSEN & TOUBRO LTD
8,02%AXIS BANK LTD
7,72%STATE BANK OF INDIA
3,92%WIPRO LTD
3,91%MAHINDRA & MAHINDRA LTD
3,01%DR REDDY’S LABORATORIES LTD

VRE – Vanguard FTSE CDN Capped REIT Index ETF

VRE Seeks to track the performance of the FTSE Canada All Cap Real Estate Capped 25% Index (before fees and expenses). It provides exposure to Canadian large-, mid-, and small-cap stocks in the Real Estate industry.

Vanguard FTSE CDN Capped REIT Index ETF has the lowest MER among the ETFs selected for this post.

VRE ETF Holdings

Company NamesAllocations
Canadian Apartment Properties15.8%
FirstService Corp13.0%
Riocan10.6%
Allied Properties8.5%
Colliers International Group Inc7.5%
Granite7.4%
H&R7.0%
1st Cap Realty5.8%
SmartCentres5.8%
Choice Properties5.6%

As of August 31st 2021

Sector allocation

SectorFund
Retail REITs23.2%
Office REITs19.6%
Real Estate Services18.1%
Residential REITs17.7%
Diversified REITs9.0%
Industrial REITs7.7%
Real Estate Holding and Development4.6%
Total100.0%

XRE – Ishares S&P TSX Capped REIT Index ETF

Seeks to provide long-term capital growth by replicating the performance of the S&P/TSX Capped REIT Index, net of expenses.

XRE ETF Holdings

NameWeight %
CANADIAN APARTMENT PROPERTIES REAL15.27
RIOCAN REAL ESTATE INVESTMENT TRUS10.38
ALLIED PROPERTIES REAL ESTATE INVT8.81
GRANITE REAL ESTATE INVESTMENT STA7.77
HANDR REAL ESTATE INVESTMENT TRUST7.06
CHOICE PROPERTIES REAL ESTATE INVE5.97
FIRST CAPITAL REALTY REAL ESTATE I5.88
SMARTCENTRES RL ESTATE INVESTMENT5.73
SUMMIT INDUSTRIAL INCOME REIT UNIT4.01
DREAM INDUSTRIAL REAL ESTATE INVES3.61

as of Jun 17, 2021

Sector allocation

TypeFund
Retail REIT’s32.24
Residential REIT’s24.26
Industrial REIT’s18.27
Diversified REIT’s11.64
Office REIT’s10.18
Health Care REIT’s3.26
Cash and/or Derivatives0.16

as of Jun 17, 2021

FXM – CI First Asset Morningstar Cda Value ETF

FXM seeks to replicate the performance of the Morningstar® Canada Target Value IndexTM

The index is managed by Morningstar a leading research firm. It’s comprised of equities of Canadian companies displaying low price to earnings, price to cash flow, price to book value, and price to sales ratios in comparison to their industries’ averages. Emphasis is also placed on stocks experiencing upward revisions of fiscal earnings estimates.

NameWeight %
VERMILION ENERGY INC4.53
CRESCENT POINT ENERGY CORP3.95
ARC RESOURCES LTD3.88
WEST FRASER TIMBER CO LTD3.66
INTERFOR CORP3.61
CANFOR CORPORATION NEW3.45
WESTSHORE TERMINALS INVT CORP3.44
MAGNA INTL INC3.35
LOBLAW COMPANIES LTD3.31
EQUITABLE GROUP INC3.30

As of October 13th

ZWK -BMO Covered Call US Banks 

The BMO Covered Call U.S. Banks ETF (ZWK) is professionally managed by BMO Global Asset Management. The fund has been designed to provide exposure to a portfolio of U.S. banks while earning call option premiums.

The fund invests in 38 US Banks. It’s ideal for investors looking for dividend income. The dividend yield on November 24th was 6.19%!

The fact that the fund uses call options accomplishes two things:

  • increases the dividend yield;
  • reduces volatility but also growth potential. So, it’s something to keep in mind.
Weight (%)Name
5.86%SIGNATURE BANK/NEW YORK NY
5.58%CITIZENS FINANCIAL GROUP INC
5.55%REGIONS FINANCIAL CORP
5.52%AMERIPRISE FINANCIAL INC
5.52%M&T BANK CORP
5.46%SVB FINANCIAL GROUP
5.43%KEYCORP
5.41%TRUIST FINANCIAL CORP
5.40%FIFTH THIRD BANCORP
5.38%BMO EQUAL WEIGHT US BANKS INDEX ETF

as of November 23rd 2021

HTA -Harvest Tech Achievers Growth & Income 

HTA is an ETF that invests in an equally weighted portfolio of 20 large-cap technology companies (globally). In order to generate an enhanced monthly distribution yield, an active covered call strategy is engaged.

Covered call strategies are great as they generate additional income for investors (in the form of premiums). The strategy is somewhat conservative and aims at preserving the capital invested primarily. On the other hand, the strategy limits potential growth.

NameWeightSector
NVIDIA Corporation6.9%Semiconductors
Advanced Micro
Devices, Inc.
6.5%Semiconductors
QUALCOMM Inc6.5%Semiconductors
Intuit Inc.5.5%Software
Apple Inc.5.3%Technology Hardware
Applied Materials5.2%Semiconductors
Keysight Technologies5.2%Electronic Equipment
Broadcom Inc.5.1%Semiconductors
Microsoft Corp5.1%Software
Adobe Inc.5.0%Software

As of November 30th 2021

ZBK – BMO Equal Weight US Bank

BMO Equal Weight US Banks Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight US Bank Index, net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index.

This ETF is not hedged.

Weight (%)Name
5.47%WELLS FARGO & CO
5.44%AMERIPRISE FINANCIAL INC
5.29%BANK OF AMERICA CORP
5.19%US BANCORP
5.18%FIRST REPUBLIC BANK/CA
5.13%GOLDMAN SACHS GROUP INC/THE
5.13%CITIZENS FINANCIAL GROUP INC
5.04%FIFTH THIRD BANCORP
5.04%KEYCORP
5.03%PNC FINANCIAL SERVICES GROUP INC/THE

ZUB – BMO Eql Wgt US Bank Hdgd To CAD

The BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB) has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight US Bank Index Canadian Dollar Hedged, net of expenses. The Fund invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index.

The U.S. dollar exposure is hedged back to Canadian dollars.

Weight (%)Name
99.53%BMO EQUAL WEIGHT US BANKS INDEX ETF (ZBK)
0.47%CASH

NGPE – Nbi Global Private Equity ETF

The NBI Global Private Equity ETF’s investment objective is to replicate the Morningstar® PitchBook Developed Markets Listed Private Equity Select Index (or any successor thereto). The purpose of this index is to generate long-term capital growth.

Company NameAllocations
Blackstone Group Inc8.4%
KKR & Co Inc
Ordinary Shares
8.2%
Partners Group Holding AG7.8%
T. Rowe Price Group Inc7.6%
3i Ord6.6%
Apollo Global
Management Inc Class A
4.7%
EXOR NV4.2%
EQT AB Ordinary Shares4.0%
Intermediate Capital Group PLC3.8%
Kinnevik AB B2.9%

As of August 31st 2021

HCA – Hamilton Canadian Bank Mean Reversion 

HCA invests in the 6 largest Canadian banks. This fund differentiates itself by its investment strategy, called “Mean reversion”.

The strategy is applied as follows:

80% of the portfolio in the 3 banks that performed the least well among the 6 largest Canadian banks;
20% remaining in the 3 banks which outperformed.

HCA holdings

As of December 31st

NAMEWeight
Bank of Nova Scotia27.9%
Toronto-Dominion Bank27.1%
Royal Bank of Canada26.4%
Bank of Montreal6.4%
Canadian Imperial Bank of Commerce6.2%
National Bank of Canada6.0%

CEW -Ishares Equal Weight Banc Lifeco

Tjis fund Invests in a portfolio of common shares of Canada’s largest banks and life insurance companies.

CEW Holdings

NAMEWeight
%
GREAT WEST LIFECO INC10,16
IA FINANCIAL INC10,12
TORONTO DOMINION10,06
NATIONAL BANK OF CANADA10,05
MANULIFE FINANCIAL CORP10,00
BANK OF NOVA SCOTIA9,92
SUN LIFE FINANCIAL INC9,90
BANK OF MONTREAL9,86
CANADIAN IMPERIAL BANK OF COMMERCE9,78
ROYAL BANK OF CANADA9,70

as of Feb 4th, 2022

RBNK – RBC CDN Bank Yield Index

RBC Canadian Bank Yield Index ETF seeks to replicate the Solactive Canada Bank Yield Index. The latter is focused only on the Canadian banking industry.

HoldingsAssets
CANADIAN IMPERIAL BANK OF COMMERCE26.7%
BANK OF NOVA SCOTIA23.7%
ROYAL BANK OF CANADA17.1%
TORONTO-DOMINION BANK15.6%
BANK OF MONTREAL8.5%
NATIONAL BANK OF CANADA8.4%

Please consult issuers’ website for up-to-date data

ZEB – BMO S&P TSX Equal Weight Banks Index ETF

The BMO Equal Weight Banks ETF has been designed to replicate, to the extent possible, the performance of the Solactive Equal Weight Canada Banks Index, net of expenses. The index includes the major Canadian banks with a balanced allocation as you can see in the composition of the portfolio below.

Holding details

Weight (%)Name
17,18%BANK OF MONTREAL
16,90%TORONTO-DOMINION BANK/THE
16,78%CANADIAN IMPERIAL BANK OF COMMERCE
16,59%NATIONAL BANK OF CANADA
16,50%ROYAL BANK OF CANADA
15,86%BANK OF NOVA SCOTIA/THE
0,19%CASH

Please consult issuers’ website for up-to-date data

VDY – FTSE Canadian High Div Yield Indx

VDY is Canadian dividend ETF. It invests exclusively in the Canadian stock market. VDY’s objective is to replicate the performance of the FTSE Canada High Dividend Yield Index, which consists of Canadian stocks having a high dividend yield.

-Select companies part of the borad Canadian equity index also called FTSE Canada Index;
-Gather data on the 12 months forward dividend yield using I/B/E/S (Institutional Brokers’ Estimate System managed by Thomson Reuters)
-Exclude all stocks that pay or forecasted to pay in the next 12 months 0 regular dividend;
-Establish a ranking and screens periodically for liquidity.

Holding Name% of
Market
Value
Royal Bank of Canada13.86%
Toronto-Dominion Bank12.62%
Enbridge Inc.7.46%
Bank of Nova Scotia7.45%
Bank of Montreal6.63%
Canadian Imperial
Bank of Commerce
4.80%
Canadian Natural
Resources Ltd.
4.67%
TC Energy Corp.4.51%

Please consult issuers’ website for up-to-date data

HCAL – Hamilton Canadian Bank 1.25X Lvrg

The fund invests in HCA — which is designed to closely track the returns of the Solactive Canadian Bank Mean Reversion Index TR, investing in Canadian banks — while adding 25% leverage provided by a Canadian financial institution.

HCAL offers exposure to Canada’s “Big Six” banks with 25% leverage. The fund does not use derivatives.

NAMEWEIGHT
Toronto-Dominion Bank27.0%
Bank of Nova Scotia26.6%
Royal Bank of Canada26.5%
Canadian Imperial Bank of Commerce6.7%
National Bank of Canada6.7%
Bank of Montreal6.5%

Please consult issuers’ website for up-to-date data

HEWB – Horizons Eql Wght Can Banks Index

The Horizons Equal Weight Canada Banks Index ETF (“HEWB”) seeks to replicate the performance of the Solactive Equal Weight Canada Banks Index. The Index is an equal-weight index of equity securities of six Canadian banks.

Security NameWeight
TORONTO-DOMINION BANK17.17%
BANK OF NOVA SCOTIA16.82%
NATIONAL BANK OF CANADA16.77%
BANK OF MONTREAL16.65%
ROYAL BANK OF CANADA16.37%
CANADIAN IMPERIAL
BANK OF COMMERCE
16.23%

Please consult issuers’ website for up-to-date data

XMA -Ishares S&P TSX Capped Materials ETF

Aims for long-term growth and invests in Canadian materials companies.

NameWeight
NUTRIEN LTD17,47
BARRICK GOLD CORP12,77
FRANCO NEVADA CORP8,84
AGNICO EAGLE MINES LTD8,25
WHEATON PRECIOUS METALS CORP6,36
TECK RESOURCES SUBORDINATE VOTING5,53
FIRST QUANTUM MINERALS LTD5,51
WEST FRASER TIMBER LTD2,44
KINROSS GOLD CORP2,20
CCL INDUSTRIES INC CLASS B1,95

March 2022

FCUV – Fidelity US Value Index ETF

FCUV is a fund that invests in US companies considered to be ‘undervalued’. The fund uses several financial ratios to determine if a company has an attractive valuation.

Security name% of net
assets
APPLE INC4.86%
EXELON CORP4.72%
NRG ENERGY4.60%
MICROSOFT4.27%
UNITED STATES STEEL3.97%
NUCOR CORP3.84%
CHEVRON CORP3.74%
EXXON MOBIL3.67%

as of Feb 25th

XCV -Ishares Canadian Value Index ETF

This exchange-traded fund invests in large and medium-sized Canadian companies that are believed to be undervalued by the market relative to comparable companies.

NameWeight
%
ROYAL BANK OF CANADA9,60
TORONTO DOMINION9,40
BANK OF NOVA SCOTIA8,73
BANK OF MONTREAL7,62
CANADIAN NATURAL RESOURCES LTD7,07
CANADIAN IMPERIAL BANK OF COMMERCE5,66
NUTRIEN LTD5,49
TC ENERGY CORP5,23
SUNCOR ENERGY INC4,44
BARRICK GOLD CORP4,19

Please consult issuers’ website for up-to-date data

XBM – Ishares S&P TSX Global Base Mtls ETF

XBM Seeks to provide long-term capital growth by replicating the performance of the S&P/TSX Global Base Metals Index, net of expenses. The index is comprised of businesses involved in the production or extraction of base metals.

NameWeight (%)
BHP GROUP AMERICAN DEPOSITORY SHAR10.51
BHP GROUP ADR LTD10.38
RIO TINTO ADR REPTG ONE PLC10.09
FIRST QUANTUM MINERALS LTD9.74
FREEPORT MCMORAN INC9.19
TECK RESOURCES SUBORDINATE VOTING8.15
ALCOA CORP5.18
LUNDIN MINING CORP4.56
SOUTHERN COPPER CORP4.20
VEDANTA ADR REPRESENTING LTD3.49

Please consult issuers’ website for up-to-date data

XST -Ishares S&P TSX Capped Cons Stpl

XST is a passive ETF. It’s ideal for investors who would like to gain exposure to the Consumer Sataples sector. The fund replicates S&P/TSX Capped Consumer Staples Index.

XST Holdings

NameWeight
%
ALIMENTATION COUCHE TARD MULTI VOT27.87
LOBLAW COMPANIES LTD19.05
METRO INC16.74
GEORGE WESTON LTD11.23
EMPIRE LTD CLASS A7.03
SAPUTO INC6.29
PREMIUM BRANDS HOLDINGS CORP3.65
PRIMO WATER CORP2.93

HXE – Horizons S&P TSX Capped Energy Index

Horizons HXE is an index ETF that seeks to replicate the performance of the S&P/TSX Capped Energy Index. The relative weight of any security constituting an index is capped to avoid being overweighted.

Despite the cap, this ETF remains dominated by Canadian Natural Resources and Suncor (almost 50% of the portfolio).

Security NameWeight
CANADIAN NATURAL RESOURCES LTD25.96%
SUNCOR ENERGY INC24.12%
CENOVUS ENERGY INC11.36%
TOURMALINE OIL CORP6.88%
IMPERIAL OIL LTD5.66%
ARC RESOURCES LTD5.01%
MEG ENERGY CORP2.28%
CRESCENT POINT ENERGY CORP2.25%
WHITECAP RESOURCES INC2.17%
ENERPLUS CORP1.85%

please visit issuers’ website for up-to-date data

QBTL -Agfiq US Mkt Neut A ntibeta CAD Hdg

This fund focuses on volatility as a mean of generating growth. The manager will hold US stocks with low volatility and short stocks with high volatility. The primary objectif is to potentially generate positive returns regardless of the direction of the general market.

DLR -Horizons US Dollar Currency ETF

For Canadian investors, the exchange rate between the U.S. and Canadian currencies is crucial. As a result, a portfolio denominated in Canadian dollars typically loses real purchasing power when the value of the Canadian dollar drops. Investors have a rare chance to profit from the strengthening of the US dollar against the Canadian dollar through the Horizons US Dollar Currency ETF (DLR).

Key advantages

• The first currency ETF in Canada that uses the dollar. DLR enables investors to track the movement of the U.S. dollar relative to the Canadian dollar.
• Liquidity: the ability to convert DLR units into DLR.U and thereafter transact in U.S. dollars, effectively permitting a cheap conversion from U.S. dollars to Canadian dollars (and vice versa). Day-to-day transactions on the Toronto Stock Exchange

XHU -Ishares US High Div Equity Index ETF

XHU is an index ETF that replicates the performance of the Morningstar Dividend Yield Focus Index, net of expenses.

Please note there is a Canadian hedge version which is XHD ETF.

Key features:

  • This ETF invests in 75 US high dividend paying Stocks
  • Ratio analysis is done to select the portfolio
  • Monthly dividends
NameWeight
EXXON MOBIL CORP9.96
CHEVRON CORP7.35
ABBVIE INC6.55
VERIZON COMMUNICATIONS INC6.07
MERCK & CO INC4.72
PHILIP MORRIS INTERNATIONAL INC4.45
PIONEER NATURAL RESOURCE4.33
COCA-COLA3.86
BROADCOM INC3.61
CISCO SYSTEMS INC3.59
Please consult issuers’ website for up-to-date data – Best Growth ETF