John Hood BMO MSCI All Country World High Quality ZGQ-T COMMENT Apr 13, 2015

Global quality index. It is a smart index. It is the all country world index. They look for the best quality of earnings and revenue growth. They pick a basket of several hundred stocks in the index. It is a similar tracking to the world index, but in theory it is only the best companies. This is fine for the individual investor and will perform better over time than the index. He prefers to target only markets that he thinks will do better, however.

This is a focus on quality and is a global ETF. If you want something that is not just simple, plain vanilla cap weighted, you can use things like this.

(A Top Pick Oct 20/15. Up 9.52%.) Most people have way too much money invested in Canada, and need to look for ways to get money outside of Canada. This is a way to get exposure from all the stocks globally. Canada is only a little over 3% of the world’s stock market capitalization. This gives you the other 97% with a focus on quality. He thinks this will do well relative to other investments, but not all the future years will be as positive as this has been this year.

Doesn't like all-world ETFs. He's rather look at market sectors or US-only ETFs. Why not just buy the S&P 500 at a low MER?

A good ETF. Exposure to a lot of the best companies out there, geographically diversified. Some exposure to EMs such as Japan and India, whose markets have been really strong. His assumption is that markets will go up from here for the next year at least, so you'll probably see some pretty good growth on this. Safe, equity exposure with diversified risk.

Excellent way to get global exposure. High quality companies - offers investors peace of mind. Would recommend this product. 

Doesn't care for the global basket. Prefers something much more specific like the S&P. Most of this is American, with many of those companies being global anyway. High MER. Take a look at ZSP instead.