
TSE:ZGI
This summary was created by AI, based on 7 opinions in the last 12 months.
The BMO Global Infrastructure ETF (ZGI-T) has received positive reviews from multiple experts, particularly from Michael O'Reilly of Stockchase Research, who has consistently rated it a top pick. ZGI is focused on North American exchange-traded holdings in infrastructure and features a diversified portfolio of 49 utilities and energy processing firms, each with a market cap of at least $500 million. The ETF has demonstrated substantial upside potential, with targets ranging from $61 to $71, representing potential gains of 17% to 18%. With a history of over 11% annual returns since inception, it offers a reasonable yield between 2.2% and 2.6%, which has attracted considerable attention from investors. Analysts recommend maintaining stop-losses around $53 to $58 to hedge against potential downturns while still aiming for significant price appreciation.
You don’t fight the Fed, so the market is going to move up to a certain extent but there is the big overhead resistance at around $15.50 on the S&P 500. As we approach that, things might get a little bit more dangerous. This is a sector that has very low beta at about .58. Pays almost 3% in dividends. Study uptrend.
Hard assets. Infrastructure is a little less volatile than traditional commodities. It is still global and an inflation hedge. Lot of global diversification.