Opinions
Mike S. Newton, CIM FCSI
Hamilton Capital Global Bank ETF
HBG-T
TOP PICK
Oct 06, 2016
$18.040
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
A Cdn$ denominated ETF holding about 50 banks in about 17 different countries. About 25% exposure to the Northern European banks, and 40% to the US banks. The real key is the money manager, Rob Wessel, who has 20 years in the business. The valuation of the European banks is incredibly low. They are also buying some banks in India and Australia.