PM Seguin

International Wealth Management, Cross-border wealth, Husband, and Father of two awesome girls - Views are my own.

[PM Seguin @seguin_pm]

@RaoulGMI Like the Miami Airport! 🤣🤣🤣

[ETF Nexus @NexusETF]

@ZEB vs @ZWB, 10 years to Sept. 30, 2026:

Annualized total return: 16.17% vs 12.44%.
Distribution yield (same date): 2.45% vs 6.85%.

The bigger payout did not identify the stronger historical return. Net fees, reinvested distributions. Not a forecast.

[ETF Nexus @NexusETF]

The reason is 3% inflation. But gasoline is up 22.8% y/y and doing nearly all of it — core is already at the 2% target.

The Bank isn't fighting inflation that exists. It's guarding against inflation it thinks is coming: https://t.co/ja2NXY6wli

[ETF Nexus @NexusETF]

Canada lost 68,300 jobs in September. Economists expected a gain.

Worse: through nine months, the economy is now net −41,200 jobs. Same period last year: +211,300.

Unemployment 6.5%. Participation at a 29-year low.

And markets still price a rate HIKE for December 👇

#Canada #Investing #ETF

[ETF Nexus @NexusETF]

If you own XEQT, you own five funds. Here's the actual breakdown 👇

US total market: 28.41% S&P/TSX Capped Composite: 24.87% MSCI EAFE IMI: 24.37% US total market (again): 17.14% Emerging markets: 5.01%

A quarter of a "global" fund is one Canadian index.

#ETFs #Investing #Canada

[PM Seguin @seguin_pm]

@Convertbond Wish you a great presentation Larry!

[ETF Nexus @NexusETF]

There are now 2,000+ ETFs listed on the TSX.

Most of them don't deserve your money.

The good news: you don't have to evaluate 2,000 funds. You need a filter.

We turned @rcarrick's public screening criteria into a 6-step workflow you can run yourself 👇

#ETF #Investing #Canada

The 6 filters:
✔ 5-year track record
✔ broad market exposure
✔ no thematic tilt
✔ well traded
✔ low MER
✔ enough assets to survive

Full breakdown + how to run it in our screener: https://t.co/BDtcmk1PKz

[Kwabena Oduro @Kwabz9]

Quebec produces more than 250 million pounds of cranberries a year.

The province is the largest producer of organic cranberries in the world.

Want to see how the Canadian Thanksgiving staple is produced?

I got you covered with a behind the scenes look⬇️

[PM Seguin @seguin_pm]

Always look deeper. Thanks @baystreetamber Happy Thanksgiving!

[Amber Kanwar @baystreetamber]

#BREAKING: Canada unexpectedly shed nearly 70,000 jobs in September vs expectations for nearly +10,000 jobs

The unemployment rate ticked up to 6.5% from 6.4%

Job losses were steep in both full time and part time

IMPORTANT: Canada lost 70,000 *PUBLIC* sector jobs, while the private sector *increased* by 24,100

[ETF Nexus @NexusETF]

Inflation doesn’t just affect groceries—it affects your investments too.

Learn how Real Return Bond ETFs like XRB and ZRR are designed to help protect purchasing power.

Read more:

https://t.co/A8J1XO1iDU

[cbcwatcher @cbcwatcher]

Brian Kingston and Flavio Volpe told CBC’s Power & Politics that U.S. Section 232 tariffs are breaking North American auto integration and making it cheaper to build cars in Japan or Germany for the U.S. market than to build them here

Kingston said the U.S. has collected more than US$50 billion in auto tariffs while exports are down over 20%, production and jobs are down, and prices are up. “This policy is not working.” Canada is the largest market for U.S.-built vehicles—more than Germany, Mexico, China, and Korea combined—yet U.S. exports to Canada have fallen 25%. “This is protectionism 101.”

Volpe noted Canadian-built vehicles carry about 50% U.S. content; cars from Japan, Korea, or Europe carry none. “We’re displacing the thing that made this whole area so competitive.” On the January 1 threat of 50% tariffs, he said it would hit Detroit first: “Washington’s policies are going to sink Detroit.”

Both called tariff relief the priority—90% of Canadian production still goes to the U.S. Volpe put the cost at roughly $180 billion: “They don’t print that money, they burn it.” @bkingston

[Sportsnet @Sportsnet]

Absolute chills 🫡

Nothing like O Canada in Montreal for the Habs' home opener 🇨🇦

[ETF Nexus @NexusETF]

"Sector ETF" sounds diversified. Check the holdings.

In the largest Canadian energy ETF, the top TWO holdings have made up close to half the entire fund.

That's not 26 companies. That's a big bet on 2, with 24 along for the ride.

https://t.co/iHhV2B7Lxy

#ETFs #Investing #Canada

[PM Seguin @seguin_pm]

Canada Enters a Path to Higher Growth https://t.co/3Hn1dJnyEa

[PM Seguin @seguin_pm]

Canada Enters a Path to Higher Growth https://t.co/3Hn1dJn0OC

[ETF Nexus @NexusETF]

"Father Time always wins." ⏳ Buffett, 96, just stepped down as Berkshire chairman. Those four words ended his letter. 🧵

2/ Berkshire is up 5,500,000%+ under him. The secret wasn't timing. It was time.

3/ His son Howard took the chair after 33 years on the board. Succession isn't luck. It's a plan.

4/ Big question: are you an investor or a trader? They're different games with different risks. https://t.co/zF7WjExg6G

5/ You can't beat Father Time. Start early, keep costs low, stay invested. Let him work for you. 💰 Full piece: https://t.co/0HvQOdS9Iu

[PM Seguin @seguin_pm]

@fnveenie @HabsOnReddit Feels like something will go wrong !

[PM Seguin @seguin_pm]

@PeterSchiff @RCXFactor I used them a lot in Uber Panama m. Cheap prices and full 7 years warranty ! Now, beat that! I also remember the same comments when Japanese cars came to North America when I was a kid!

[PM Seguin @seguin_pm]

@MPelletierCIO What could explain small caps performing so well? Over 20% ytd !

[ETF Nexus @NexusETF]

After the AI correction, active ETFs are being sold as the cure for concentration risk.

Sometimes they help. But you don't need to pay active fees to fix it.

An equal-weight ETF, a value tilt, or just global diversification does the same job — at index-fund cost.

The honest guide to active ETFs in Canada: where they earn their fee, where they don't, and how to spot a "closet indexer": https://t.co/Q4Yz2gCP0O

#ETFs #Investing #Canada