Just over a year ago, we launched a buy-and-hold model portfolio, specifically designed for investors who don't want to spend a lot of time reviewing their positions and are not interesting in active trading.
For this portfolio, we've focused on individual blue-chip stocks that we felt offered both long-term growth potential and regular dividend payments.
We included both Canadian and US issues and each stock was given a 10% weighting. We also added a 20% weighting in a bond ETF to provide some downside protection in the event of a stock-market plunge.
At the time, we stated that the objective was to generate decent cash flow and slow but steady growth. Given the nature of the portfolio, the intention was to make changes only when absolutely necessary. These are the securities we selected.
BCE Inc. (BCE): We wanted to include one Canadian telecommunications company in the mix. It came down to a choice between BCE and Telus but we decided on BCE because of the more attractive yield.
Brookfield Asset Management (
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