When you buy an ETF from a BMO or Blackrock, it will be well-capitalized. Don't worry about bid/ask spreads or liquidity. ZCN is the Canadian benchmark. Don't worry about capitalization. ZCN is a plain vanilla product. He prefers an inverse ETF (see top picks).
When to use Norbert's Gambit when buying long-term ETFs? On the bond side he uses a global bond product that's currency-hedged, but won't use a hedge on the equity side. Likely, the Canadian dollar will be high around 80 cents and will revert to the mean at 70--those are the goal posts.
When to use Norbert's Gambit when buying long-term ETFs? On the bond side he uses a global bond product that's currency-hedged, but won't use a hedge on the equity side. Likely, the Canadian dollar will be high around 80 cents and will revert to the mean at 70--those are the goal posts.
vs. ZWC ZWC covers the general Canadian market vs. ZWB which covers Canadian banks. If you think banks will do well, ZWB may lag the market, but if the market tumbles, this will fall less.