Portfolio Update – Up 0.96% in January 2017

My portfolio balances at close of trading on 31st January were:

Ticker

Price (C$)

Price Change

Percentage

XSP $‎ 26.01

1.72%

21.8%

XMU $‎ 40.54

-1.84%

16.8%

XMW $‎ 34.38

-1.49%

21.5%

BNS.TO $‎ 77.76

4.01%

3.7%

BCE.TO $‎ 58.66

1.09%

3.2%

CM.TO $‎ 110.81

1.14%

3.6%

ENB.TO $‎ 55.40

-1.95%

3.2%

NA.TO $‎ 56.17

3.01%

3.9%

POT.TO $‎ 24.21

-0.33%

3.9%

PWF.TO $‎ 33.81

0.74%

3.6%

SJR.B $‎ 28.07

4.19%

3.7%

SXP.TO $‎ 5.00

0.00%

0.0%

T.TO $‎ 43.44

1.61%

3.5%

TRP.TO $‎ 61.39

1.40%

3.4%

Cash

4.3%

Total

100.0%

Overall my portfolio is up 0.96% since last month. There were no cash contributions this month. For comparison my TI Index is up 1.34%, the DOW is up 0.51% and the TSX is up 0.64%. My investments are up and performed well against the TSX and DOW but less well against the TI Index.

Winners this month include Scotiabank (BNS.TO) up 4.01% and Shaw (SJR-B.TO) up 4.19%.

There were no losers this month.

screen-shot-2017-02-04-at-10-52-08-am

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Portfolio Update – Down 0.27% in October 2016

My portfolio balances at close of trading on 31st October were:

Ticker

Price (C$)

Price Change

Percentage

XSP $‎ 24.42

-1.73%

21.1%

XMU $‎ 40.23

-0.67%

17.2%

XMW $‎ 35.46

-0.87%

22.8%

BNS.TO $‎ 72.08

3.70%

3.5%

BCE.TO $‎ 60.94

0.63%

3.4%

CM.TO $‎ 100.50

-1.20%

3.4%

ENB.TO $‎ 57.92

0.45%

3.4%

NA.TO $‎ 47.88

2.97%

3.5%

POT.TO $‎ 21.81

2.15%

3.6%

PWF.TO $‎ 31.70

4.34%

3.5%

SJR.B $‎ 26.58

-0.89%

3.6%

SXP.TO $‎ 5.74 n/a

3.3%

T.TO $‎ 43.43

0.37%

3.6%

TRP.TO $‎ 60.72

-2.55%

3.4%

Cash

0.7%

Total

100.0%

Overall my portfolio is down 0.27% since last month. There were no cash contributions this month. For comparison my TI Index is down 0.78%, the DOW is down 0.91% and the TSX is up 0.42%. My investments are flat and performed poorly against the TSX but well against the DOW.

Winners this month include Bank of Nova Scotia (BNS.TO) up 3.70% and Power Financial PWF.TO) up 3.43%.

Loser is Transcanada (TRP.TO) down 2.55%.

screen-shot-2016-11-01-at-10-32-04-am

Portfolio Update – Up 0.28% in August 2016

My portfolio balances at close of trading on 31st August were:

Ticker

Price (C$)

Price Change

Percentage

XSP $‎ 24.90

0.12%

21.5%

XMU $‎ 41.03

-1.63%

17.5%

XMW $‎ 35.64

-2.03%

22.9%

BNS.TO $‎ 69.81

5.28%

4.1%

BCE.TO $‎ 61.27

-2.02%

3.4%

CM.TO $‎ 104.10

4.95%

3.8%

ENB.TO $‎ 51.72

-3.71%

3.6%

NA.TO $‎ 46.09

3.09%

3.9%

POT.TO $‎ 24.76

21.67%

4.1%

PWF.TO $‎ 30.21

0.07%

3.7%

SJR.B $‎ 26.23

-0.94%

3.5%

T.TO $‎ 43.02

-1.53%

3.5%

TRP.TO $‎ 59.47

-1.77%

4.0%

Cash

0.5%

Total

100.0%

Overall my portfolio is up 0.28% since last month. There were no cash contributions this month. For comparison my TI Index is down 0.31%, the DOW is up 0.27% and the TSX is up 0.48%. My investments are up and performed normally against these indexes.

Winners this month include Scotiabank (BNS.TO) up 5.28%, CIBC (CM.TO) up 4.95% and Potash Corp (POT.TO) up a whopping 21.67% on news of planned merger with Agrium (AGU.TO).

Loser this month is Potash (ENB.TO) is down 3.71% on the usual pipeline approval woes.

Screen Shot 2016-09-05 at 8.14.32 PM

Portfolio Update – Up 2.89% in July 2016

My portfolio balances at close of trading on 29th July were:

Ticker

Price (C$)

Price Change

Percentage

XSP $‎ 24.87

3.75%

21.5%

XMU $‎ 41.71

2.58%

17.8%

XMW $‎ 36.38

2.51%

23.4%

BNS.TO $‎ 66.31

4.74%

3.9%

BCE.TO $‎ 62.53

2.27%

3.5%

CM.TO $‎ 99.19

2.22%

3.7%

ENB.TO $‎ 53.71

-1.86%

3.8%

NA.TO $‎ 44.71

1.18%

3.8%

POT.TO $‎ 20.35

-3.10%

3.4%

PWF.TO $‎ 30.19

1.82%

3.2%

SJR.B $‎ 26.48

6.77%

3.6%

T.TO $‎ 43.69

5.02%

3.6%

TRP.TO $‎ 60.54

3.56%

4.1%

Cash

0.8%

Total

100.0%

Overall my portfolio is up 2.89% since last month. There were no cash contributions this month. For comparison my TI Index is up 2.96%, the DOW is up 2.35% and the TSX is up 3.30%. My investments are up and performed normally against these indexes.

Winners this month include Scotiabank (BNS.TO) up 4.74%, Shaw (SJR-B.TO) up 6.77% and Telus (T.TO) up 5.02%.

Loser this month is Potash (POT.TO) is down 3.1%.

Screen Shot 2016-08-04 at 11.26.17 PM

 

Portfolio Update – Up 4.21% in March 2016

My portfolio balances at close of trading on 31st March were:

Ticker

Price (C$)

Price Change

Percentage

XSP $‎ 23.65

6.39%

22.0%

XMU $‎ 38.90 n/a

17.2%

XMW $‎ 34.18

1.61%

23.1%

XBB $‎ 31.74

0.44%

0.0%

BNS.TO $‎ 63.47

15.91%

4.0%

BCE.TO $‎ 59.19

1.28%

3.5%

CM.TO $‎ 97.02

7.86%

3.9%

ENB.TO $‎ 50.56

5.80%

3.8%

NA.TO $‎ 42.49

15.27%

3.8%

POT.TO $‎ 22.11

-3.58%

3.5%

PWF.TO $‎ 32.47

2.98%

3.7%

SJR.B $‎ 25.09

7.08%

3.6%

T.TO $‎ 42.28

7.28%

3.8%

TRP.TO $‎ 51.06

2.84%

3.7%

Cash

0.2%

Total

100.0%

Overall my portfolio is up 4.21% since last month. There were no cash contributions. For comparison my TI Index is up 3.88%, the DOW is up 7.08% and the TSX is up 4.93%. My investments are up and performed normally against these indexes.

Winners this month include the banks, Enbridge (ENB.TO), Shaw (SJR-B.TO) and Telus (T.TO).

Losers this month include Potash Corp. (POT.TO) down 3.58%.

Screen Shot 2016-04-01 at 10.24.26 AM

Beating the TSX (again)

After a year of lacklustre performance by the TSX I have decided to re-apply the BTSX approach. My stocks for 2016 are:

  • Bank of Nova Scotia
  • BCE Inc.
  • Canadian Imperial Bank of Commerce
  • Enbridge Inc
  • National Bank of Canada
  • Potash Corporation of Saskatchewan Inc
  • Power Financial Corp
  • Shaw Communications Inc
  • TELUS Corporation
  • TransCanada Corporation

The BTSX system underperformed the TSX by 0.9% last year. The return for the BTSX portfolio was -8.5%. XIU returned -7.6% (both losses). Generally BTSX outperforms the TSX handily.

Beating the TSX in 2013

Back in March 2012 I performed an analysis of the Beating the TSX portfolio. I thought it might be time to take another look.  Here is the methodology:

  • Begin with the TSX60 stocks.
  • Remove any stocks with a dividend of less than 3%. This minimizes the number of stocks I need to analyze.
  • Remove any stocks that might have an unsustainable dividend. For this I remove any stock with a payout ratio above 1.2 (equivalent to a coverage of less than 83%). I also remove any former trusts.
  • Finally, select the ten stocks with the highest dividends.

The analysis looks like this:

Screen Shot 2013-02-07 at 7.52.59 PM

The resulting list is as follows.

  1. BCE Inc.
  2. Bank of Montreal
  3. Canadian Imperial Bank Of Commerce
  4. Power Corporation of Canada
  5. National Bank of Canada
  6. Shaw Communications Inc.
  7. Bank of Nova Scotia (The)
  8. Husky Energy Inc.
  9. Royal Bank of Canada
  10. TELUS Corporation

Interestingly, four of the companies on the earlier list have fallen off as they no longer have a sustainable payout ratio.  These decliners are:

  • Manulife Financial Corporation
  • Sun Life Financial Inc.
  • TransAlta Corporation
  • Thomson Reuters Corporation