BMO MSCI Europe High Quality

ZEQ-T

Analysis and Opinions about ZEQ-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
September 28, 2018

(A Top Pick Sept 28/17, Up 5%) Not an “if” thesis, it’s a “when” thesis. Core holding. Good place to park capital. Trading 13.5x 2019, with similar EPS growth rates. Poor performance is tariff related. Will do well for you if you’re patient.

(A Top Pick Sept 28/17, Up 5%) Not an “if” thesis, it’s a “when” thesis. Core holding. Good place to park capital. Trading 13.5x 2019, with similar EPS growth rates. Poor performance is tariff related. Will do well for you if you’re patient.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$20.550
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 25, 2018

(A Top Pick May 18/17 - Up 4%) He is cooler on this one now. They are more Emerging Market than Europe now.

(A Top Pick May 18/17 - Up 4%) He is cooler on this one now. They are more Emerging Market than Europe now.

David Cockfield
Managing Director, Northland Wealth Management
Price
$20.550
Owned
No
COMMENT
COMMENT
May 16, 2018

This ETF uses MSCI’s quality screening method to select holdings. These have higher ROE and lower financial leverage. It can therefore take some time for the value to emerge compared to outright market indices. He likes it because it is liquid and attractively priced – although there may be cheaper ETFs out there (XEH-T for example). The offset is that the holdings have relatively high PE ratios due to the quality of the holdings. He would recommend ZDM-T as it offers a higher level of diversification into Asia as well.

This ETF uses MSCI’s quality screening method to select holdings. These have higher ROE and lower financial leverage. It can therefore take some time for the value to emerge compared to outright market indices. He likes it because it is liquid and attractively priced – although there may be cheaper ETFs out there (XEH-T for example). The offset is that the holdings have relatively high PE ratios due to the quality of the holdings. He would recommend ZDM-T as it offers a higher level of diversification into Asia as well.

Daniel Straus
Head of ETF Research & Strategy, National Bank Financial
Price
$20.450
Owned
Unknown
TOP PICK
TOP PICK
October 27, 2017

There are people concerned about Trump, NAFTA, real estate, etc. and have withdrawn form the market and are sitting on cash. He has come up with suggestions that are relatively safe and represent a broad diversification in relatively safe areas. This represents participation in high quality securities in the European market. One concern he had is that a good chunk of this portfolio is in the UK, and BREXIT has been a problem. Has come to the conclusion that BREXIT probably won’t happen. If so, this ETF will do quite well.

There are people concerned about Trump, NAFTA, real estate, etc. and have withdrawn form the market and are sitting on cash. He has come up with suggestions that are relatively safe and represent a broad diversification in relatively safe areas. This represents participation in high quality securities in the European market. One concern he had is that a good chunk of this portfolio is in the UK, and BREXIT has been a problem. Has come to the conclusion that BREXIT probably won’t happen. If so, this ETF will do quite well.

David Cockfield
Managing Director, Northland Wealth Management
Price
$20.480
Owned
Yes
TOP PICK
TOP PICK
September 28, 2017

The time to own Europe is now. It’s a pretty easy trade. This trades at about 14X in the next 12 months, versus the TSX at around 16X and the S&P at around 18X. He likes that this has a strong allocation to the consumer, both discretionary and staples and that it is hedged. Pays a 2% dividend yield. There is no withholding tax, as the ETF holds the shares.

The time to own Europe is now. It’s a pretty easy trade. This trades at about 14X in the next 12 months, versus the TSX at around 16X and the S&P at around 18X. He likes that this has a strong allocation to the consumer, both discretionary and staples and that it is hedged. Pays a 2% dividend yield. There is no withholding tax, as the ETF holds the shares.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$20.020
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 11, 2017

(A Top Pick Aug 12/16. Up 8%.) This has done all right, but it did better in the past. There is some concern right now in that it has a fair amount of UK content. BREXIT has confused the picture. He is now looking at other European ETF’s.

(A Top Pick Aug 12/16. Up 8%.) This has done all right, but it did better in the past. There is some concern right now in that it has a fair amount of UK content. BREXIT has confused the picture. He is now looking at other European ETF’s.

David Cockfield
Managing Director, Northland Wealth Management
Price
$19.510
Owned
Yes
BUY
BUY
July 26, 2017

An ETF that focuses on Europe, for a long-term hold? This is one of his favourites in terms of Europe. It has a number of the big European companies. This has a very high-quality portfolio. His only caveat is that it has a number of UK stocks, but feels the BREXIT concerns are probably overdone, and the UK is going to back into some kind of a deal so that BREXIT really isn’t going to happen.

An ETF that focuses on Europe, for a long-term hold? This is one of his favourites in terms of Europe. It has a number of the big European companies. This has a very high-quality portfolio. His only caveat is that it has a number of UK stocks, but feels the BREXIT concerns are probably overdone, and the UK is going to back into some kind of a deal so that BREXIT really isn’t going to happen.

David Cockfield
Managing Director, Northland Wealth Management
Price
$19.790
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
May 18, 2017

(A Top Pick April 14/16. Up 18.87%.) The main objective in getting into Europe is that the numbers there look a lot better. The main holdings of this ETF are in the UK, Germany and Switzerland. A high-quality portfolio.

(A Top Pick April 14/16. Up 18.87%.) The main objective in getting into Europe is that the numbers there look a lot better. The main holdings of this ETF are in the UK, Germany and Switzerland. A high-quality portfolio.

David Cockfield
Managing Director, Northland Wealth Management
Price
$20.180
Owned
Yes
TOP PICK
TOP PICK
May 18, 2017

The situation in Europe has definitely improved with the French election. Merkel is up 85%. Things seem to be settling down.

The situation in Europe has definitely improved with the French election. Merkel is up 85%. Things seem to be settling down.

David Cockfield
Managing Director, Northland Wealth Management
Price
$20.180
Owned
Yes
COMMENT
COMMENT
April 17, 2017

BMO Europe High Dividend Covered Call hedged to CAD (ZWE-T) or BMO MSCI Europe High Quality (ZEQ-T)? ZWE is basically a value screen, or alternatively you can for a quality that is similar, but not exactly the same through this one. Either way, you are looking at factor investing. He doesn’t find a lot to choose between the 2. Either would do well for you.

BMO Europe High Dividend Covered Call hedged to CAD (ZWE-T) or BMO MSCI Europe High Quality (ZEQ-T)? ZWE is basically a value screen, or alternatively you can for a quality that is similar, but not exactly the same through this one. Either way, you are looking at factor investing. He doesn’t find a lot to choose between the 2. Either would do well for you.

John DeGoey
Portfolio Manager, Wellington-Altus Private Wealth Inc.
Price
$19.640
Owned
Unknown
WEAK BUY
WEAK BUY
December 8, 2016

The UK is in there as well. It screens for defensive companies. He is not crazy about the Canadian dollar hedge. He prefers to go into individual countries.

The UK is in there as well. It screens for defensive companies. He is not crazy about the Canadian dollar hedge. He prefers to go into individual countries.

Tyler Mordy
President & CIO, Forstrong Global Asset Management
Price
$17.280
Owned
No
PAST TOP PICK
PAST TOP PICK
December 2, 2016

(A Top Pick Oct 23/15. Down 1.64%.) This is supposed to be the European Index, but really looking at the individual securities, it is very much England, Switzerland and Germany. The BREXIT thing came along and that threw a real curve. He is letting this sit for the moment as he thinks there is still some potential.

(A Top Pick Oct 23/15. Down 1.64%.) This is supposed to be the European Index, but really looking at the individual securities, it is very much England, Switzerland and Germany. The BREXIT thing came along and that threw a real curve. He is letting this sit for the moment as he thinks there is still some potential.

David Cockfield
Managing Director, Northland Wealth Management
Price
$17.280
Owned
Yes
TOP PICK
TOP PICK
August 12, 2016

The majority of the securities are in Great Britain, Switzerland and Germany, and there are no problems with those economies. BREXIT is potentially a problem for the UK side, but the drop in the pound has really helped a number of the UK companies. The companies are multinationals, so you don’t have to worry about them in terms of BREXIT.

The majority of the securities are in Great Britain, Switzerland and Germany, and there are no problems with those economies. BREXIT is potentially a problem for the UK side, but the drop in the pound has really helped a number of the UK companies. The companies are multinationals, so you don’t have to worry about them in terms of BREXIT.

David Cockfield
Managing Director, Northland Wealth Management
Price
$18.420
Owned
Yes
COMMENT
COMMENT
July 22, 2016

We are currently in a post financial crisis period, and a lot of investors are afraid of another financial crisis. This ETF gives you good exposure and is a reasonable holding.

We are currently in a post financial crisis period, and a lot of investors are afraid of another financial crisis. This ETF gives you good exposure and is a reasonable holding.

Tyler Mordy
President & CIO, Forstrong Global Asset Management
Price
$18.100
Owned
Unknown
TOP PICK
TOP PICK
April 14, 2016

He decided he wanted to get a toe hold in the European market. The big caveat on this is that there is talk of Britain exiting the EU, with the decision being made in June. Wait to see what happens there, because this could sell off at that time, giving you a better price.

He decided he wanted to get a toe hold in the European market. The big caveat on this is that there is talk of Britain exiting the EU, with the decision being made in June. Wait to see what happens there, because this could sell off at that time, giving you a better price.

David Cockfield
Managing Director, Northland Wealth Management
Price
$17.330
Owned
Yes
TOP PICK
TOP PICK
October 23, 2015

This is 40% UK, 23% Switzerland and 9.5% Germany. They are in consumer staples, healthcare, consumer discretionary and industrial. It is in the kind of sectors that he likes in the countries that he likes.

This is 40% UK, 23% Switzerland and 9.5% Germany. They are in consumer staples, healthcare, consumer discretionary and industrial. It is in the kind of sectors that he likes in the countries that he likes.

David Cockfield
Managing Director, Northland Wealth Management
Price
$17.650
Owned
Yes
COMMENT
COMMENT
April 13, 2015

The problem he has with this is that it is about 45% UK. He prefers something more European and less UK. Europe is a place to be. Quantitative easing will be different than ours, because they don’t have the same housing markets. There is always the issue of Mr. Putin, and he is a real wildcard in here. (See Top Picks.)

The problem he has with this is that it is about 45% UK. He prefers something more European and less UK. Europe is a place to be. Quantitative easing will be different than ours, because they don’t have the same housing markets. There is always the issue of Mr. Putin, and he is a real wildcard in here. (See Top Picks.)

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$18.480
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
March 16, 2015

Analysts’ earnings growth estimates are down so this does not make sense now. This is a currency edged way to play Euro stocks. He bought it and sold too early. This is a great way to play it and he would step right in again when it got cheap again.

Analysts’ earnings growth estimates are down so this does not make sense now. This is a currency edged way to play Euro stocks. He bought it and sold too early. This is a great way to play it and he would step right in again when it got cheap again.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$18.145
Owned
Yes
Showing 1 to 18 of 18 entries
  • «
  • 1
  • »