US$ over the longer run is likely to weaken again against the currency of resource producing countries such as Canada and the emerging world currencies.

Canadian Fundamental ETF. This is an ETF that follows a particular indexing methodology based on research on the drivers of security returns.

Views gold as a hedge against a dramatic downside and uncertainty rather than an asset. Makes it difficult to valuate gold companies and is best played by gold company experts who can evaluate them against each other. This company is a premier producer but is difficult to look at it on a valuation basis.

Has just had a sell off which was based on rumors of potash prices. Because of this he could see it bouncing.

On a fundamental basis he sees RIM (RIM-T) and Apple (AAPL-Q) as good companies. Smart phones are an area of growth globally. Of the 2 he feels this is more fairly valued.

On a fundamental basis he sees RIM (RIM-T) and Apple (AAPL-Q) as good companies. Smart phones are an area of growth globally. Of the 2 he feels RIM is more fairly valued.

Materials ETF. He has only bought this for registered accounts in order to avoid any capital gains distributions.

Globally, a leader in retailing. Berkshire Hathaway (BRK.B-N) has been buying recently, which makes it interesting. Hard to see how competition could gain meaningful share against them. Not a growth stock but should grow its BV over time.

Using ETFs you can build a diversified portfolio. Within the bond allocation, he would consider a broad bond one such as iUnits Cnd Bond Market (XBB-T) and to complement this 1-5year Ladder Corporate Bd (CBO-T). On equities he would use S&P/TSX Comp (XIC-T), S&P 500 $ Cdn (XSP-T) and MSCI EAFE $Cdn (XIN-T).

Likes energy. This is a very solid company. Acquisition of PetroCan makes them a leader across Canada. Reasonably valued and has solid management with potential to increase production and cash flows.

North American leader in pipelines and are diversifying to add energy projects in Ontario including nuclear, wind and natural gas generation. Reasonable valuation. Fair amount of debt but they can manage this. Good yield.

Transformed from a trust and cut its distribution but maintained a 5% dividend, which is very sustainable. Generates a ton of cash. Trades at roughly 10% free cash flow yield. Just completed a large acquisition. Interesting growth profile going forward.