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Wulp TSX at All-Time Highs: 5 Stocks That Have Already Doubled in 2019!
Rising interest rates adversely affect utility stocks, and it s apparent in today s high interest rate environment. The sector is the worst performer year to date -6.37% . Meanwhile, oil prices are currently depr stanley cup essed but could be positive for the sector if they start rising. Utility companies can pass higher energy costs to consumers.However, notwithstanding the factors mentioned, Fortis TSX:FTS and Brookfield Renewable Partners TSX:BEP.UN remain safe-haven options for r stanley cups isk-averse investors. Both companies provide essential public services and are reliable dividend payers. Moreover, they continue to outperform the sector and the broader market.Newly crowned Dividend KingSt. John, Canada-based Fortis officially became TSX s second Dividend King on Sept. 19, 2023. The $27 billion regulated electric and gas utility company announced a 4.4% hike for the fourth quarter Q4 of 2023 to mark 50 consecutive years of dividend increases. Management also announced a new five-year $25 bil stanley cup usa lio Lzcs Is Enbridge Inc. a Bargain Dividend Stock Today
An interesting article appeared recently in The Globe and Mail looking at the increasing offerings of D-series mutual funds. What are these funds, and how do they work Are they right for you And what do these funds mean for the banks themselves The purpose of these fundsUnder normal circumstances, if an investor buys a mutual fund through an advisor, he or she聽must pay what s called a trailing commission , which goes to the advisor. This commission is invisible to the investor, but is included in the total price of the fund. This is what com vaso stanley pensates the advisor for his or her services.But what about those who聽buy the funds themselves They certainly shouldn t have to pay any trailing commissions. Two banks 聽Royal Bank of Canada TSX: RY NYSE: RY and Bank of Montreal TSX: BMO NYSE: BMO stanley cup 8212; have taken the lead in providing cheaper alternatives to those who don t use an advisor.These so-called D-series funds have fees of around 1.2%, well below the 2%+ fees stanley thermoskannen seen for mos |
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