Opinions
Mike Philbrick
Global X MLP ETF
MLPA-N
DON'T BUY
Sep 17, 2020
$23.550
Stock price when the opinion was issued
0
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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.