Opinions
John Hood
BMO MSCI All Country World High Quality
ZGQ-T
DON'T BUY
Jan 10, 2025
Stock price when the opinion was issued
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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.
(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.
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.
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.