Stockchase Opinions

Mike Philbrick Ishares Currency Hedged MSCI Japan ETF HEWJ-N TOP PICK Aug 31, 2018

With 10% of the global economy and market cap, it is very underweighted in Canadian portfolios. He favors hedging away the currency risk right now. The key holdings like Toyota, Mitsubishi, and Sony are not in a lot of investor portfolios. He does not invest in this portfolio directly, as they buy the individual companies, but this is the way an individual can diversify.

$32.360

Stock price when the opinion was issued

0
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

PAST TOP PICK
(A Top Pick Aug 31/18, Down 5%) This was an opportunity to diversify outside of North American markets. This has been an avoidance of concentration and downside exposure in North America.
PAST TOP PICK
(A Top Pick Aug 31/18, Down 6%) It was a play on diversification. He would look at the EWJ-Q and get rid of the currency hedge now.