Portfolio Update – Up 3.07% in November 2014

My portfolio balances at close of trading on 28th November were:

Ticker

Price (C$)

Price Change

Percentage

AGU.TO $ 110.38

0.10%

3.9%

BBD.B $ 4.36

17.52%

3.9%

BCE.TO $ 53.34

6.57%

3.7%

BMO.TO $ 83.86

2.61%

4.1%

CM.TO $ 106.49

3.50%

3.7%

CSU.TO $ 331.56

4.43%

3.4%

CVE.TO $ 25.67 n/a

3.1%

ENB.TO $ 52.50

-1.56%

3.5%

FTS $ 40.61

10.59%

4.4%

HSE $ 24.18

-11.14%

2.4%

L.TO $ 61.51

4.75%

0.0%

MFC.TO $ 22.77

6.45%

4.1%

NA $ 53.13

0.85%

4.1%

POT.TO $ 39.31

2.18%

3.4%

POW $ 32.43

9.05%

3.8%

RCI.B $ 45.77

8.00%

3.5%

RY.TO $ 83.16

3.94%

4.1%

SJR.B $ 30.87

6.67%

4.0%

SLF.TO $ 42.43

5.84%

4.1%

SU.TO $ 36.11

-9.77%

3.0%

T.TO $ 43.28

7.16%

3.8%

TCK.B $ 17.64

-0.95%

2.5%

SCTY $ 62.86 n/a

2.2%

TRP.TO $ 54.45

-1.98%

3.8%

XBB $ 31.38

1.23%

7.7%

XSP $ 24.01 n/a

7.4%

Cash

2.5%

Total

100.0%

Overall my portfolio is up 12.49% since last month. Excluding cash contributions the portfolio is up 3.07%. For comparison my TI Index is up 2.24%, the DOW is up 2.52% and the TSX is up 0.90%. My investments are up and performed well against all indexes.

Winners this month include Bombardier (BBD-B.TO) up 17.52%, BCE (BCE.TO) up 6.57%, Constellation Software (CSU.TO) up 4.43%, Fortis (FTS.TO) up 10.59%, Manulife (MFC.TO) up 6.45%, Power Corp (POW.TO) up 9.05%, Rogers (RCI-B.TO) up 8.00%, Shaw (SJR-B.TO) up 6.67%, and Telus (T.TO) up 7.16%.

Losers include Husky (HSE.TO) down 11.14%, and Suncor (SU.TO) down 9.77%. Screen Shot 2014-11-30 at 3.48.08 PM

Portfolio Update – Down 1.58% in September 2014

My portfolio balances at close of trading on 3oth September were:

Ticker

Price (C$)

Price Change

Percentage

AGU.TO $ 99.56

-3.17%

4.0%

BBD.B $ 3.77

3.01%

3.9%

BCE.TO $ 47.89

-2.17%

3.8%

BMO.TO $ 82.43

-1.47%

4.6%

BNS.TO $ 69.27

-3.85%

0.0%

CM.TO $ 100.59

-3.20%

4.0%

CSU.TO $ 281.49

4.46%

4.1%

ENB.TO $ 53.61

-1.14%

4.0%

FTS $ 34.62

3.28%

4.3%

HSE $ 30.74

-7.13%

3.4%

L.TO $ 56.05

3.41%

4.9%

MFC.TO $ 21.54

-1.87%

4.4%

NA $ 51.03

-2.45%

4.5%

POT.TO $ 38.78

1.54%

3.8%

POW $ 31.08

-3.00%

4.2%

RCI.B $ 41.92

-5.42%

3.7%

RY.TO $ 80.05

-0.89%

4.4%

SJR.B $ 27.45

0.22%

4.0%

SLF.TO $ 40.60

0.42%

4.5%

SU.TO $ 40.53

-9.19%

3.9%

T.TO $ 38.24

-3.56%

3.8%

TCK.B $ 21.21

-14.09%

3.5%

TD.TO $ 55.27

-3.46%

0.0%

TRP.TO $ 57.68

-1.28%

4.6%

XBB $ 30.88

-0.99%

8.6%

Cash

1.3%

Total

100.0%

Overall my portfolio is down 1.58% since last month. There were no cash contributions. For comparison my TI Index is down 2.56%, the DOW is down 0.32% and the TSX is down 4.26%.

My investments are down but performed well against most indexes, especially the TSX.

Winners this month include Bombardier (BBD.TO) up 3.01%, Constellation Software (CSU.TO) up 4.46%, and Fortis (FTS.TO) up 3.28%, and Lowblaws (L.TO) up 3.41%.

Losers this month include Teck Resources (TCK.TO) down 14.09%, Husky (HSE.TO) down 7.13%, Rogers (RCI-B.TO) down 5.42% and Suncor (SU.TO) down 9.19%.

The pattern here seems to be a general decline in resources stocks.

Screen Shot 2014-10-17 at 4.45.37 PM

Portfolio Update – Up 1.31% in August 2014

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

Ticker

Price (C$)

Price Change

Percentage

AGU.TO $ 102.82

3.44%

4.0%

BBD.B $ 3.66

-1.88%

3.7%

BCE.TO $ 48.95

-0.87%

3.8%

BMO.TO $ 83.66

2.94%

4.6%

BNS.TO $ 72.04

-2.66%

0.0%

CM.TO $ 103.91

2.67%

4.1%

CSU.TO $ 269.48

4.05%

3.9%

ENB.TO $ 54.23

1.46%

4.0%

FTS $ 33.52

-0.09%

4.1%

HSE $ 33.10

-0.21%

3.6%

L.TO $ 54.20

1.06%

4.7%

MFC.TO $ 21.95

-1.48%

4.4%

NA $ 52.31

7.19%

4.5%

POT.TO $ 38.19

-1.34%

3.7%

POW $ 32.04

-0.12%

4.3%

RCI.B $ 44.32

4.09%

3.8%

RY.TO $ 80.77

0.37%

4.4%

SJR.B $ 27.39

2.51%

4.0%

SLF.TO $ 40.43

-2.74%

4.4%

SU.TO $ 44.63

-0.31%

4.2%

T.TO $ 39.65

4.18%

3.9%

TCK.B $ 24.69

-5.51%

4.0%

TD.TO $ 57.25

0.40%

0.0%

TRP.TO $ 58.43

6.82%

4.6%

XBB $ 31.19

0.74%

8.5%

Cash

1.0%

Total

100.0%

Overall my portfolio is up 1.31% since last month. There were no cash contributions. For comparison my TI Index is up 2.18%, the DOW is up 3.23% and the TSX is up 1.92%.

My investments are up but performed poorly against all indexes.

Winners this month include Agruim (AGU.TO) up 3.44%, Constellation Software (CSU.TO) up 4.05%, National Bank (NA.TO) up 7.19% Rogers (RCI.TO) up 4.09%, Telus (T.TO) up 4.18% and TransCanada (TRP.TO) up 6.82%.

The only significant loser this month is Teck Resources (TCK.TO) down 5.51%.

Screen Shot 2014-09-01 at 2.02.17 PM

Beating the TSX in 2012: Sun Life Out and Rogers In?

Back in August 2011 I adopted a modified Beating the TSX method for selecting my stocks. Out of curiosity I decided to take a look at which stocks might make up the BTSX portfolio if I was just starting today. Here is the analysis.

  • 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 2013-02-13 at 10.20.08 AM
So, according to my analysis the stocks would be:
  • BCE Inc.
  • Bank of Montreal
  • Canadian Imperial Bank Of Commerce
  • Husky Energy Inc.
  • Power Corporation of Canada
  • Rogers Communications Inc.
  • Shaw Communications Inc.
  • TELUS Corporation
  • TransAlta Corporation
  • TransCanada Corporation

There is only one change since 2011: Sun Life is out and Rogers is in. Sun Life had no earnings in 2011 after surprise losses in European investments, so its dividend coverage is now unacceptable. It pays a great dividend of 6.22% but could be a value trap. Analysts estimates are strong for 2012 onward, suggesting that losses are now behind us. Additionally, I already own Telus and BCE, so adding Rogers might make my portfolio too Telco-heavy. I will hold Sun Life.