Opinions
Mike S. Newton, CIM FCSI
BMO Equal Weight US Health Care Index ETF
ZHU-T
BUY
Feb 05, 2020
$34.570
Stock price when the opinion was issued
E.T.F.'s
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He loves healthcare. It is a growth area for decades to come. It is an equal weight exposure to healthcare. He likes this. It is defensive. If you don’t need to be invested then he thinks there will be a lot more volatility in the next few years and should only accumulate this during periods of panic.
E.T.F.'s
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A Canadian healthcare ETF Charges an MER of 0.35%. Healthcare in US election years is vulnerable as candidates target health costs. But industry fundamentals are improving. ZHU consists of 28% healthcare equipment and 22% biotech. To compare, XLV is 35% is pharma and only 13% in biotech.