– I would like to know more about
Stingray Digital Group Inc. (TSX: RAY.A). This company claims to be the world leader as a streaming music provider
and a multitude of music services. More than 80% of revenue is recurrent.
Last year Caisse de dépôt et placement du Québec increased its ownership,
and recently the CEO/founder increased his ownership substantially. The
stock pays a dividend and is increasing it. The shares keep moving up. I
would certainly appreciate an opinion from you on this highly performing
company. Thank you. – Pierre D.
The CSA guidelines for calculating investment risk ratings became mandatory
for new filings as of Sept. 1 last year. However, many fund companies had
already begun voluntarily using the new methodology since the rules were
finalized at the end of 2016. So while not all funds have adopted the new
methodology, we have a fairly large sample size to look at, and
as I predicted in previous articles, the results are not surprising. The risk-rating changes started coming
thick and fast, and will continue through 2018. Here’s why investors should
By Fund Library News Wire | Friday, January 19, 2018
By Mike Keerma
The big North American stock indices racked up gains on the week again,
despite an interest rate hike by the Bank of Canada and uncertainty over a
U.S. federal government funding bill stalled in the Senate going into the
weekend. Bullish sentiment remained strong in the U.S. markets, as 79% of
companies reporting quarterly earnings exceeded street estimates. Even a
14.5% weekly plunge in beleaguered Dow Jones Industrial bellwether
General Electric Co. (NYSE: GE) wasn’t enough to derail the market momentum train. The buoyant financial
and industrial sectors led Toronto’s benchmark
S&P/TSX Composite Index to a 0.3% weekly gain, even as weekly losses in both
crude oil and
gold dampened performance. The big U.S. blue-chip
S&P 500 Composite Index closed the week with an advance of 0.9%, while the tech-weighted
Nasdaq Composite Index gained 1.0%, as both gauges ended the week at new record high closes.
Did you know that starting in the 2017 tax year, the federal government has
introduced a new Canada Caregiver Credit (CCC)? It replaces the Family
Caregiver Tax Credit, the Caregiver Tax Credit, and the Credit for Infirm
Dependants. But, it’s complicated! Here, in our first tax tip of the new
2018 tax filing season, we offer you a few details.
TD U.S. Blue Chip Equity Fund is one of the “growthiest” U.S. equity funds around. It has also been one
of the strongest performers in 2017, posting an impressive 25.5% return for
the year. In comparison, the S&P 500 Total Return Index (C$) rose by
13.8%. That kind of performance garnered it the FundGrade A+® Award in 2012,
2013, and 2015.