Franklin Liberty Canadian Investment Grade Corporate E

(A Top Pick Jul 23/19, Down 0.1%) He's bullish emerging markets where there's an emerging middle class to grow the economy. An actively managed fund and costs only 35 basis points. Rate hikes have made bond products like this negative. FLCI has done fine and he still likes it. He predicts a tough 2020, so he's moving to a conservative portfolio starting in January.

(A Top Pick Jul 23/19, Down 2%) It holds bonds, which investors will flock to when markets seriously pullback--and he expects that within 12 months.

Also a past pick. He uses it for income. It's medium-risk, consisting of corporate bonds, actively managed and costs only 0.35% MER, cheap.

He doesn't follow this that much. The yield isn't great at 2.9%. However, you have look at the yield to maturity since the quoted yield is just an indicator.

A stock ETF to add more diversification to a portfolio It charges only 35 basis points and is actively managed. The average duration is 8-9 years. This holds only corporate bonds. Yes, he expects one rate cut this month, but we need it at all. This cut is a desperate move. Rates are way too low and we need to normalize rates so that we have some ammo when the economy hits the skids.

A bond ETF. It's earned under 3% in less than half a year return so far. It's actively managed at 35 basis points.

An actively managed bond ETF? It makes sense to have some of your bonds actively managed. He just spoke to the manager of this ETF and he's looking at the shape of the yield curve and managing expectations.