Michael Bowman iShares Global Infrastructure E.T.F. CIF-T TOP PICK Oct 17, 2012

Infrastructure stocks has done incredibly well but they tend to be dominated by pipeline stocks, the defensive high-yielding names. Those kinds of stocks are kind of getting played out and may go sideways for a while.

Global infrastructure and holds companies that help build roads, sewers, etc. As we try to modernize the world’s economy, there is a real demand for this sort of thing. Has bounced back in the last few weeks but has a lot of room to grow.

(Top Pick Oct 17/12, Up 18.88%) Still likes it. It is still going to move higher. He is bullish on infrastructure and construction.

(Top Pick Feb 14/13, Up 20.08%) People need more tangible investments in their portfolios.

A global infrastructure ETF. Looking at $14 billion in infrastructure spending by the federal government, more by the provincials and in the US we have the P3’s. Thinks the trend of infrastructure is going to be not only in North America, but expects it to be worldwide.

Infrastructure is crumbling, and we need more. This is a global product, so you are not betting the farm just on Canada or North America.

You will see both Prime Minister Trudeau and President elect Trump talking a lot about infrastructure. There is a very obvious crying need for this. It may not shoot the lights out, but a very safe way of getting equity exposure in infrastructure. A good, long term play.

An alternative asset class. It is perfectly good. It is 50% allocated to the US. ZGI-T gives global infrastructure.

BMO Global Infrastructure Index CAD (ZGI-T) or iShares Global Infrastructure IDX (CIF-T)? You could look at either one of these. There are some differences, but you could maybe split the amount you are using and Buy both.

This holds mines, pipelines, electric utilities, engineering and construction, a mix he likes. It consists of 44% US companies and 40% Canadian. Overall, this is okay, but it's narrow, exposed to a couple of infrastructure sectors. Pays a little over 3% dividend, but is sensitive to interest rates. If inflation climbs again, CIF will struggle. The best of the infrastructure trend is past; inflation will come back a bit.