Mike S. Newton, CIM FCSI
RBC Quant European Dividend Leaders ETF
RHP-T
COMMENT
Jun 04, 2015
Has a lot of belief and trust in this management team. You are going to have big global names in it. The important component here is that, up until a little while ago, Canadian investors didn’t have a way to hedge these back into Canadian dollars.
For diversification of a conservative investors portfolio? He would have no problem in owning this and is happy for any Canadian to try to get out of the Canadian market and diversify.
Likes this product. There are 2 or 3 variants of this. The thing with this is that it is not bad in terms of fees. It is around 50 basis points. Also, if he is going to be playing in Europe, along with the various risks there, he likes the dividend bias.
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Has a lot of belief and trust in this management team. You are going to have big global names in it. The important component here is that, up until a little while ago, Canadian investors didn’t have a way to hedge these back into Canadian dollars.