Dividends

How to use ETFs in your child’s RESP

Q. Several years ago, an advisor recommended I hold a Canadian dividend ETF in an RESP for my son. Would this still be a good approach for someone just starting an RESP for their baby, or is there a better alternative, given the increasing number of ETF options? – Pete in Halifax A. In many ways, ...

AIM.PR.C : No Conversion to FloatingReset

Aimia Inc. has announced: that none of its 6,000,000 Cumulative Rate Reset Preferred Shares, Series 3 (the “Series 3 Shares”) will be converted into Cumulative Floating Rate Preferred Shares, Series 4 (the “Series 4 Shares”) on April 1, 2019. During the conversion notice period, which comme ...

The best way to transfer investments to your spouse

Travel photo created by kstudio – www.freepik.com Q: Is there a way for me to transfer my mutual funds to my spouse so that we can use the money for an investment? – Dean A: When capital assets like mutual funds, stocks, exchange-traded funds (ETFs) or rental real estate are transferred fro ...

BEP.PR.O Falls In Line with Market on Decent Volume

BEP.PR.O is a FixedReset 5.75%+394M575 that was announced 2019-03-04 and closed today without a notice from the company. According to the prospectus (available on SEDAR with a search for “Brookfield Renewable Partners L.P. Mar 4 2019 21:17:51 ET Prospectus (non pricing) supplement – English PDF ...

BSD.PR.A : Name Change and Confirmation at Pfd-5(high)

DBRS has announced: that, effective February 21, 2019, Brookfield Soundvest Split Trust changed its name to Soundvest Split Trust. There’s nothing on the the sponsor’s website about this, which is par for this particular course. DBRS also announced that it: confirmed the rating on the Preferre ...

What is an RESP?

Designed by Kstudio / Freepik With the sleepless nights that come with a newborn it can be hard to plan even one week in the future, let alone grappling with how to save up enough money for when that little bundle of joy heads off to college or university in 18 years. Fortunately Canadian parents ...

FTN.PR.A : Annual Report 2018

Financial 15 Split Inc. has released its Annual Report to November 30, 2018. FTN / FTN.PR.A Performance Instrument OneYear ThreeYears FiveYears TenYears Whole Unit -2.27% +10.81% +11.11% +11.15% FTN.PR.A +5.64% +5.47% +5.43% +5.40% FTN -12.71% +9.96% +9.22% +12.24% S&P/TSX Financial In ...

AIM.PR.C : Convert or Hold?

It will be recalled that AIM.PR.C will reset at 6.011% effective March 31, 2019 (not 6.01%, as stated in the original press release). AIM.PR.C is a FixedReset, 6.25%+420, that commenced trading 2014-1-15 after being announced 2014-1-6. The extension was announced 2019-2-26. The issue is tracked by ...

AQN.PR.D : Convert or Hold?

It will be recalled that AQN.PR.D will reset at 5.091% effective March 31, 2019. AQN.PR.D is a FixedReset, 5.00%+328, that commenced trading 2014-3-5 after being announced 2014-2-24. The extension was announced 2019-2-26. The issue is tracked by HIMIPref™ but relegated to the Scraps-FixedReset (D ...

BAM.PF.B : Convert or Hold?

It will be recalled that BAM.PF.B will reset at 4.437% effective April 1, 2019. BAM.PF.B is a FixedReset, 4.20%+263, that commenced trading 2012-9-12 after being announced 2012-8-23. The issue is tracked by HIMIPref™ and assigned to the FixedReset (Discount) sub-index. The most logical way to an ...