Money Digest back issues from August 2001:
Royal Bank on a roll: Canada's biggest bank is well positioned for future growth. (Equities).
Aug 01, 2001; ... Royal Bank of Canada (TSE/NYSE: RY; Recent price: $48) is the largest Canadian bank with more than 1,700 branches, including over 300 outside Canada. Its services extend to individuals, corporations, governments, businesses and other financial institutions. Royal Bank of Canada ...
New pricing from discount arm of Scotiabank. (Money Matters).
Aug 01, 2001 ... Scotia Discount Brokerage has simplified its pricing to be more competitive and less confusing. The six-tier pricing system is out and a three-tier pricing system is in. The end result? Some fees will go down, some will go up. The discount brokerage has introduced a new ...
Online bond trading from E*Trade Canada. (Money Matters).
Aug 01, 2001 ... Retail investors now have the ability to purchase fixed-income securities online through E*Trade Canada's new online Bond Centre. E*Trade Canada has signed deals with ...
B2B Trust teams up with Charles Schwab. (Money Matters).
Aug 01, 2001 ... B2B Trust (subsidiary of Laurentian Bank of Canada) has signed a deal with Charles Schwab Canada to offer Schwab's Canadian customers B2B products and services (that will be marketed ...
BMO launches high interest account. (Money Matters).
Aug 01, 2001 ... Bank of Montreal has launched a new high-interest savings account. The new account will offer a 4% interest ...
AFG Funds. (Mutual Fund News).
Aug 01, 2001 ... * AGF Funds has launched the AGF Value fund, which will be available in ...
Acadia Investment Funds. (Mutual Fund News).
Aug 01, 2001 ... * Acadia Investment Funds has terminated the Acadia Balanced fund, Acadia Bond fund, Acadia Canadian Equity ...
Clarington Funds Inc. (Mutual Fund News).
Aug 01, 2001 ... * Clarington Funds Inc. has merged Clarington RSP Global Equity Index into Clarington RSP ...
Franklin Templeton Investmens. (Mutual Fund News).
Aug 01, 2001 ... * Franklin Templeton Investments has launched the Tax Class funds. These tax-efficient funds ...
Royal Mutual Funds. (Mutual Fund News).
Aug 01, 2001 ... * Royal Mutual Funds renamed the following funds: Zweig Global Balanced to Royal Global Balanced; Zweig ...
Noranda's sales, profits lack lustre: but new copper and zinc mines could add some shine. (Equities).
Aug 01, 2001; ... Noranda (TSE: NOR; Recent price: $17; Rating: average) is a leading producer of base metals such as zinc, nickel, copper and lead, as well as precious metals such as gold. It also manufactures aluminum products such as foil and automobile wheels. Major investments include 54.9% of ...
Online bond trading in its infancy. (Fixed Income).
Aug 01, 2001 ... Now investors can trade bonds online with four brokerage houses: BMO Investorline, TD Waterhouse, E.Bond and now E*Trade (see page 2). While you can buy any stock through any online brokerage house, this is not true of bonds. Not all online brokerage houses offer the same access. For ...
High occupancy rates key for Boardwalk: property firm Boardwalk Equities has above-average internal growth potential. (Equities).
Aug 01, 2001; ... Boardwalk Equities (TSE/NYSE: BEI; Recent price: $11.99) is a client-oriented, technologically-advanced real estate company specializing in the acquisition and management of multi-family residential projects. It owns over 25,000 units, representing more than 21 million rentable square ...
In search of higher interest rates: a few institutions are offering savings accounts that pay 4% interest, or more. (Fixed Income).
Aug 01, 2001 ... We have been featuring institutions that pay high interest rates if you have $5,000 to invest and are willing to lock in for at least 30 days (Money Digest, page 10). However, recently many financial institutions seem to be offering interest rates of 4% or higher on savings ...
Analysts like CNR's operating efficiency: Canadian National Railway generates impressive free cash flow. (Equities).
Aug 01, 2001 ... Canadian National Railway (TSE: CNR; Recent price: $58; Web site: www.cn.ca), Canada's number one railroad has tracks that stretch from coast to coast. CNR operates a network of more than 15,700 route miles in Canada and the central U.S. It transports forestry products, automobiles, coal, ...
Emera owns Nova Scotia Power, a near monopoly: the dividend yield for Emera is 5.4%, second highest on the TSE 300. (Equities).
Aug 01, 2001 ... Emera Inc. (TSE: EMA; Recent price $15.75), previously known as NS Power Holdings, is an energy and services company. Its main operating subsidiary is Nova Scotia Power Inc., which is a fully integrated electric utility. Nova Scotia Power is a near monopoly: it provides 99% of the ...
Industry-leading margins key for C-Mac: investment risks include a slowdown in the EMS sector and exposure to Nortel and telecoms. (Broker's Recommendation).
Aug 01, 2001 ... Summary and recommendation * We are initiating coverage of C-Mac Industries, the world's tenth-largest electronic manufacturing services (EMS) company, with an Accumulate rating for investors who have an investment horizon of up to a year, and as a Buy for longer-term investors ....
Stocks that pay higher dividends. (Investment Capsule: Equities).
Aug 01, 2001 ... The common stocks mentioned here trade on Canadian stock exchanges and pay dividends that are above 4.9% If the stock is of a qualifying Canadian corporation, the dividend is equal to an interest yield of 6.12% or above. This list is drawn from a set of large cap Canadian companies. ...
Stocks with dividend reinvestment plans (DRIPs). (Investment Capsule: Equities).
Aug 01, 2001 ... Stocks with dividend reinvestment plans (DRIPs for short) will allow you to reinvest your dividends automatically into the company's shares. This will save you commission. Some companies will even offer a discount if you use DRIPs. The companies listed here have an additional feature-- ...
Best 12-month performance. (Investments Capsule: Mutual Funds).
Aug 01, 2001 ... Funds listed in this section are open-end mutual funds. They have been selected on the basis of their previous 12-month performance. Mutual funds should be judged on their long-term, and consistent performance. The listing here is mainly intended to point out the current trends. You may ...
Closed-end funds that trade at a discount. (Investment Capsule: Mutual Funds).
Aug 01, 2001 ... Closed-end funds are companies whose main business is to invest. They do not accept money from investors on a continuous basis. If you are interested in buying them you have to buy from other investors. They are trade on stock exchanges like other stocks. All closed-end funds mentioned ...
Higher interest rates on deposits. (Investments Capsule: Fixed Income).
Aug 01, 2001 ... <Pre> HIGHER INTEREST RATES ON DEPOSITS The minimum amounts required to get the interest rates indicated in this table are $5,000 for term deposits and $1,000 for Guaranteed Investment Certificates (GICs) TERMINTEREST %WHO PAYS TERM ...
Mortgage backed securities (MBS). (Investment Capsule: Fixed Income).
Aug 01, 2001 ... <Pre> MORTGAGE BACKED SECURITIES (MBS) Prepayable refers to open mortgages; non-prepayable to closed mortgages YIELD (%) PREPAYABLE Equitable Trust '08 6.42 MRS Trust '08 ...
Best mortgage rates. (Investment Capsule: Fixed Income).
Aug 01, 2001 ... <Pre> BEST MORTGAGE RATES Mortgage rates change frequently. Please check the rates TYPE % WHERE Varialble Rate 5.75 Steinbach Credit Union 1-year closed 5.60 Camera ...
Canada and the world. (Investment Capsule: Fixed Income).
Aug 01, 2001 ... <Pre> Canada and the worldINFLATION STOCK MARKETS UNEMPLOYMENT (CURRENT %) (12 MONTHS %) (12 MONTHS %) Australia6.0 6.96.8 Austria 3.4 3.03.7 Belgium 3.1 10.0 ...
The merry-go-round called fear and greed: many unsuccessful investors exit at the wrong time, unprepared for the investment ride. (Financial Planning).
Aug 01, 2001; ... Just like children trying to decide when to jump on and when to get off, investors grapple with when to buy and when to sell. But unlike children on a merry-go-round, the investment decision has far reaching consequences. Missing a favourite horse on the carousel might be disappointing to ...
Escalating strips from Merrill Lynch: available only to Merrill Lynch customers, these bonds provide increasing annual cash flows. (Fixed Income).
Aug 01, 2001 ... Merrill Lynch Canada is offering its clients escalating rate strip coupon packages, within registered accounts. These packages are derived from Ontario bonds. The customized packages consist of a series of stripped coupons. They provide progressively higher amounts of cash flow on an ...
The complexities of stock market timing: you have to know when to get out and when to get back in. (Investment Strategy).
Aug 01, 2001; ... Most investors are content to leave their investment decisions to the professionals. They feel mutual fund managers have the expertise and temperment to juggle a portfolio, adding or dropping stocks whenever necessary. However, some investors are tempted to time the market themselves--a ...
Buying a basket of income trusts: mutual funds that hold a portfolio of income trusts offer some advantages. (Mutual Funds).
Aug 01, 2001 ... Income trusts can be attractive to fixed income investors. These securities generally provide high returns. They are also tax-advantaged. Income trusts are mainly bought by income-oriented investors who seek a return that is higher than what can be obtained through the conventional bond ...
Shedding light on fund commissions: a primer on front-end loads, deferred sales charges, MERs and tax efficiency. (Mutual Funds).
Aug 01, 2001; ... There certainly has been a lot of misinformation on how people can purchase investment and segregated funds and how financial advisors get paid for providing counsel, advice and ongoing monitoring. First, let's separate commissions from expenses. Commissions are a sales charge ...
Canadian income trust funds: a list of funds that hold a portfolio of income trusts. (Income Trusts).
Aug 01, 2001 ... <Pre> Canadian income trust funds: A list of funds that hold a portfolio of income trusts. (Income Trusts) If you'd prefer to invest in a basket of income trusts through a mutual fund (see "Buying a basket of income trusts" on page 11) rather than purchase the trusts directly, here are ...
RRSP statistics: a wake-up call to save more; if you don't have a pension plan, saving for retirement becomes even more critical. (Investment Strategy).
Aug 01, 2001; ... A recent report should serve as a wake-up call to many who are hoping to enjoy a long and secure retirement. Based on the low levels of retirement funds accumulated so far, many Canadians will have to plan on living on less or dying sooner. The financial industry is admittedly ...
Dividend rates are on the rise: the TSE 300 is yielding 1.6%. (Equities).
Aug 01, 2001 ... Since the beginning of this year, the dividends on Canadian stocks have been on the rise. The dividend rate on Toronto Stock Exchange 300 stocks was 1.26% at the beginning of the year. Now it stands at 1.6%. Dividend rates increase for two main reasons: companies are doing well ...
6 Steps to $1 Million. (Bookshelf).
Aug 01, 2001 ... by Gordon Pape There are usually only four ways to become a millionaire: win it, inherit it, create it or save it. As most of us will not win the lottery, do not have huge family wealth and have no overwhelming success as a creative or sports genius, 6 Steps to $1 Million shows ...
Winning the Estate Planning Game. (Bookshelf).
Aug 01, 2001 ... by Tim Cestnick In his new book, Winning the Estate Planning Game, Tim Cestnick makes the task of winning in the world of estate planning straightforward and easy. Whether you are planning for yourself or your parents, this book is an invaluable resource. Topics include: wills ...
Fiscal Fitness. (Bookshelf).
Aug 01, 2001 ... by Paul Tyers and Pierce Newman Do you know how much money you need to be comfortable? Where you will get it? How can you be sure that you will have enough? Fiscal Fitness: A Guide to Personal Finance for All Stages of Life helps you understand how to manage your ...
101 Investment Tips: How to Maximize Returns and Reduce Risk. (Bookshelf).
Aug 01, 2001 ... by Wilfred Vos and Jim Helik Planning for your financial future can make the difference between just getting by and peace of mind. 101 Investment Tips: How to Maximize Returns and Reduce Risk offers several straightforward, sensible solutions that could enhance your investment ...
Retiring Wealthy in the 21st Century. (Bookshelf).
Aug 01, 2001 ... by Gordon Pape In Retiring Wealth in the 21st Century, investment author Gordon Pape offers step-by step advice on: the new barriers to retirement planning and how to overcome them; winning investment strategies for RRSPs; how to ensure your RRIF won't run out; how to use your ...
Adventures in Investing. (Bookshelf).
Aug 01, 2001 ... by Allen Clarke Allen Clarke's Adventures in Investing demystifies the investment process and shows you how to avoid costly learning mistakes that may expose you to high levels of risk. Clarke ...
The Insurance Book. (Bookshelf).
Aug 01, 2001 ... by Sally Praskey and Helena Moncrieff Did you ever feel that you weren't making the right choice when it came to buying insurance? The Insurance Book is for anyone who needs insurance and wants to get it at the right price. The Consumers Council of Canada says the book is "a ...
Fund Profiler. (Bookshelf).
Aug 01, 2001 ... by Southam The Fund Profiler is a Canadian mutual fund program that provides both the database and the presentation tools for financial analysts, planners, and advisors. Aided by such features as daily NAVPS updates, fund manager tracking, easy ...