Brooke Thackray Horizons Equal Weight Canada Reit Index Etf HCRE-T PAST TOP PICK Sep 24, 2019

REITs are in a good time right now. Rates are pausing or perhaps heading down but the economy has not fallen apart and this is when the REITs do well. It is a hiding place.

He likes equal weight. A swap is when they own a money market type of investment whose return they swap for some sort of index. You should not have to worry about it too much. In the phase of the cycle where interest rates are cut, REITs do well. When people start losing jobs and you go into recession then REITs do not do well. Look at XRE-T to see how it plays out as you approach a recession.

The REIT sector does well from late February until September. We saw a breakout take place this year. It is a good transition to move into this sector.

(A Top Pick Feb 07/20, Down 22%) REITs outperformed into early March at which point he exited. There will be a time when REITs will come back.

HCRE is a tax efficient way to have an equal weight exposure to REITs in Canada. BMO has ZRE.