Opinions Mike Philbrick
Global X MLP ETFMLPADON'T BUYSep 17, 2020
Mike PhilbrickUnknown
$23.55
Stock price when the opinion was issued
$53.81
As of May 28, 2026. Market Open.
0
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
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.