Stock price when the opinion was issued
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%.
(A Top Pick Sept 24/15. Up 11.47%.)