Michael Herring
Member since: Apr '09
Managing Director & Fixed Income Strategist at
BMO Nesbitt Burns

Latest Top Picks

121 holdings in it. High Yield Bond ETF. Experienced low defaults so far but expect it them to go up. You are getting such a high yield that you can sustain a certain level of defaults. Yield around 15%. Risk is that economy is not recovering to the extent that we think.
US Corporate, investment grade, bonds. Low risk, 6.5% yield.
Would form a good core holding for an investor. Can be paired with other two top picks. Canadian bonds will not yield as high because the situation was not as severe in Canada as in the US