Mike S. Newton, CIM FCSI Powershares Etf PGF-N COMMENT Sep 12, 2016

50% US banks and 50% UK banks, best of breed. You have to be mindful of the currency. It has been a steady climber. You can’t totally hedge the US dollar. 5.7% yield.

These are defensive names that are working well that you don’t have to worry about too much. Has a really nice long trend going up that is nice and stable. All the top banks in the US and UK. His upside target is around $25. 5.6% dividend yield.

IDV-N vs. PGF-N. You will not get capital growth with PGF-N. He would prefer the IDV-N. It has a nice little trend.

(Top Pick Oct. 15/15, Up 8.43%) He would get in again if it got to $18.40.

(A Top Pick Nov 26/15. Up 2.35%.) Sold this post Trump, and is watching to see where it goes.

(Top Pick Sep 6/16, Down 60%) Debt has gone own. He thinks it will come down because they used to have a fantastic oil hedge book and don’t ay more. The question now is not survivability but growth.