Opinions
David Burrows
Horizons Cdn Midstream Oil & Gas Index
HOG-T
COMMENT
Apr 21, 2015
$10.150
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.
You might be interested:
COMMENT
Challenge with buying US ETFs that participate in MLPs is that they're not favourable to a Canadian investor. Withholding tax of 15-30%. Be very, very careful on the MLPs. If you want gas exposure, think about XEG or ZEO. Most bang for the buck would be the HED, with small cap exposure. Small caps have more operating leverage if you're confident gas prices will rise. HOG is a bit more conservative.
E.T.F.'s
Advertising
If you are going to invest in the energy sector, this would probably be the one sector you would focus in. His view right now is that there are probably some challenges going forward that are not going to play out overnight. If you’re capital is limited, you want to focus on sectors that probably have a tailwind. You probably won’t get hurt too badly with this. He was a big investor in pipelines for 4 years, and it was a tremendous sector. It was very hard to exit last year. Thinks there are better places to focus.