BMO HighYield Corp Bond US Hedge to CAD ETF

ZHY-T

Analysis and Opinions about ZHY-T

Signal
Opinion
Expert
HOLD
HOLD
November 22, 2013

This is a high yield fund so rising interest rates are not going to impact it that much. High yields are much more correlated to equity market performance than it is to bond market performance. This one should do okay. 6.3% yield.

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This is a high yield fund so rising interest rates are not going to impact it that much. High yields are much more correlated to equity market performance than it is to bond market performance. This one should do okay. 6.3% yield.

BUY
BUY
March 21, 2013

This is high-yield bonds in the US and if you are going to be buying high-yield bonds, this is one that he likes a great deal. As a small portion of your portfolio, he thinks it makes sense to use them.

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This is high-yield bonds in the US and if you are going to be buying high-yield bonds, this is one that he likes a great deal. As a small portion of your portfolio, he thinks it makes sense to use them.

BUY
BUY
December 6, 2012

He is looking increasingly at high-yield and getting away from nominal bonds because the risk/return is a favourable trade-off. Feels that corporations are at least as creditworthy as the governments are and they are paying you a bit more.

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He is looking increasingly at high-yield and getting away from nominal bonds because the risk/return is a favourable trade-off. Feels that corporations are at least as creditworthy as the governments are and they are paying you a bit more.

COMMENT
COMMENT
September 20, 2012

If it is part of your bond mix then you should think again. This is part of your equity portfolio. US economy is still weak and has higher than average bankruptcy rates. This ETF will do badly if there is another financial crisis. You might want to go to higher quality companies and dividends.

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If it is part of your bond mix then you should think again. This is part of your equity portfolio. US economy is still weak and has higher than average bankruptcy rates. This ETF will do badly if there is another financial crisis. You might want to go to higher quality companies and dividends.

BUY
BUY
September 13, 2012

High yield is still a good play in the current market. Price gains are done and it will yield 5.5-6%, which is still attractive. High yield gives you more asset diversification than others.

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High yield is still a good play in the current market. Price gains are done and it will yield 5.5-6%, which is still attractive. High yield gives you more asset diversification than others.

BUY
BUY
February 29, 2012
Doesn't know this particular bond, but believes this class of bonds will do well this year.
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Doesn't know this particular bond, but believes this class of bonds will do well this year.
SELL STRENGTH
SELL STRENGTH
October 11, 2011
US corporate bonds. In 2009 high yield bonds were decimated. We had a bit of a hiccup. It is still hard to find value in the high yield market. Dividend paying companies are less risky. High yield is littered with really bad credits, unlike 3 years ago when there was a run on liquidity.
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US corporate bonds. In 2009 high yield bonds were decimated. We had a bit of a hiccup. It is still hard to find value in the high yield market. Dividend paying companies are less risky. High yield is littered with really bad credits, unlike 3 years ago when there was a run on liquidity.
DON'T BUY
DON'T BUY
May 6, 2011
HY Corp Bond US Hedge to CAD The problem with this one is it has a fairly long mid-range duration of 6 or 7 years. He is really concerned that it is a high yield product. High yield just means high risk. You are dealing with non-investment grade bonds.
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HY Corp Bond US Hedge to CAD The problem with this one is it has a fairly long mid-range duration of 6 or 7 years. He is really concerned that it is a high yield product. High yield just means high risk. You are dealing with non-investment grade bonds.
DON'T BUY
DON'T BUY
January 28, 2011
Doesn’t like these because high yield means “junk”. Providers should be calling them “High Yield/High Risk Bonds”. People buy these for the yield but there are a lot more factors than that.
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Doesn’t like these because high yield means “junk”. Providers should be calling them “High Yield/High Risk Bonds”. People buy these for the yield but there are a lot more factors than that.
Showing 16 to 24 of 24 entries