My canadian business
You gotta be careful what you read, especially if you are a do-it-yourself investor making portfolio decisions based on what you read. Not everything in a newsletter or on a website will necessarily be true or easily interpreted.

Read the rest of this entry »

Two new iShares exchange-traded funds (ETFs) began trading yesterday on the Toronto Stock Exchange. They give Canadians new ways to diversify into foreign stock markets. Coverage that I have seen so far includes pieces by Jonathan Chevreau and Rudy Luukko.

Read the rest of this entry »

Four new exchange-traded funds (ETFs) from BMO Financial Group began trading on the Toronto Stock Exchange June 5. The Canadian equity and bond ETFs offer fractionally lower management expense ratios (MERs) than Barclay Canada’s counterparts. The U.S.-equity ETFs offer fractionally higher MERs.

Read the rest of this entry »

There apparently is a rumor going around that Vanguard Group may buy Barclay’s iShares family of exchange-traded funds before the June 16 deadline that Barclays’ has for shopping the asset around (hat tip to Preet Banerjee). There will be a big break-up fee of $175-million (U.S) to pay CVC Capital ...

Read the rest of this entry »

Canadians rejoice! The U.S. banks' stress tests are over, the  results are in. And though U.S. bank finances remain, erm, stressed—to the tune of US$75 billion—the wacky math of the new economy means the stressed banks are apparently not quite as stressed as everyone feared. (Most stressed: Bank of America, ...

Read the rest of this entry »

So, Barclays PLC has sold its iShares family of exchange-traded funds to CVC Capital Partners Group, one of the top five private-equity firms in the world. Are higher management expense ratios (MERs) coming for iShares investors?

Read the rest of this entry »