John Hood
Questrade RUS 1000 EQ WT US MIDCAP VALUE
QMV-T
TOP PICK
Sep 24, 2015
This company has brought the Spider sector, which is very well known in the US, and brought them into Canada. They have put them on with a hedge position. He likes the things they are doing. They are taking the top couple hundred of the Russell 1000 and chopping them off, and dividing the remaining 800 into 2 ETF’s, value and growth. He prefers this one (the value) because the PE is around 17 and the Price to Book is around 2.5%.
This company has brought the Spider sector, which is very well known in the US, and brought them into Canada. They have put them on with a hedge position. He likes the things they are doing. They are taking the top couple hundred of the Russell 1000 and chopping them off, and dividing the remaining 800 into 2 ETF’s, value and growth. He prefers this one (the value) because the PE is around 17 and the Price to Book is around 2.5%.