Mike Philbrick
Brompton European Dividend Growth
EDGF-T
PAST TOP PICK
Sep 17, 2020
(A Top Pick Oct 29/19, Down 1%) This is more of a diversifier. You get exposure outside Canada, and to sectors like healthcare, consumer staples, consumer discretionary. Focused on large cap companies.
ZWP-T vs. EDGF-T. We have high yielding stocks that generally have lower volatility and so have lower option premiums. The covered writing does not add much value.
Pays a 4.9% dividend and is a strong performer. It's actively managed and equal-weight, which he likes. It's for income growth, too. You pay a little more for it being actively managed, but worth it for the performance and yield.
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