Keith Richards Vanguard FTSE Developed All Cap ex Nrth Amer Idx ETF. VI-T PAST TOP PICK Jan 08, 2018

It is hedged to CAD$. It is a way to own a broad selection of stocks outside of North America.

He is very cautious, particularly on US markets, and is looking for answers in an overbought market. This buys developed nations that are not in North America, so hopefully they are a little less vulnerable to a correction.

(A Top Pick Oct 31/17, Down 1%) They are buying because it is outside North America and currency hedged. A good way of keeping a position outside of markets that might be overdone at this point. It’s more of a general position in their portfolio.