Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 30, 2010
Inverse 10 Yr Gov Bond ETF. Basically going short on 10-year Canada. His view on a 10-year total return basis is low. Returns will be below 2%-3% over the next 1-2 years. Shorting bonds costs money because you have to pay the coupons. Not a buy and hold strategy.
Inverse 10 Yr Gov Bond ETF. Basically going short on 10-year Canada. His view on a 10-year total return basis is low. Returns will be below 2%-3% over the next 1-2 years. Shorting bonds costs money because you have to pay the coupons. Not a buy and hold strategy.
Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$19.250
Owned
No
DON'T BUY
DON'T BUY
September 30, 2010
2020/2021 4% bonds. Company is a very good solid single A credit. Comparing their yield to some other companies in the space, they are a little expensive.
Enbridge (ENB-T)
September 30, 2010
2020/2021 4% bonds. Company is a very good solid single A credit. Comparing their yield to some other companies in the space, they are a little expensive.
Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$53.890
Owned
Unknown
BUY
BUY
September 30, 2010
Cdn Corp Bond ETF. Probably provides best exposure to Canadian corporations. Probably yielding 3%-3.5%. Holds everything from 1 year to 30-year bonds. You could also look at some of the US ETF’s such as iShares Corporate Bond ETF (LQD-N) where you could do a little bit better.
Cdn Corp Bond ETF. Probably provides best exposure to Canadian corporations. Probably yielding 3%-3.5%. Holds everything from 1 year to 30-year bonds. You could also look at some of the US ETF’s such as iShares Corporate Bond ETF (LQD-N) where you could do a little bit better.
Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$20.930
Owned
Yes
HOLD
HOLD
September 30, 2010
Bonds callable February 16/11 and due 2016? Feels this will definitely be called in 2011.
Manulife Financial (MFC-T)
September 30, 2010
Bonds callable February 16/11 and due 2016? Feels this will definitely be called in 2011.
Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$12.980
Owned
Unknown
HOLD
HOLD
September 30, 2010
10% strip maturing 2024. These strip bonds always go up providing a company doesn't default. High yielding securities.
BCE Inc. (BCE-T)
September 30, 2010
10% strip maturing 2024. These strip bonds always go up providing a company doesn't default. High yielding securities.
Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$33.480
Owned
No
TOP PICK
TOP PICK
September 30, 2010
US High Yield Bond Index Fund. Thinks high yield, as an asset class, will outperform investment grade bonds over the next 12 months. Yields are in the area of 8% versus 3% or less in the overall bond market.
US High Yield Bond Index Fund. Thinks high yield, as an asset class, will outperform investment grade bonds over the next 12 months. Yields are in the area of 8% versus 3% or less in the overall bond market.
Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$20.410
Owned
Yes
TOP PICK
TOP PICK
September 30, 2010
4.079% bond due August 20/15. Trades relatively cheap compared to the banks. Getting 3.75%-3.85% yield giving you about 1% more than a GIC or bank senior deposit note.
Manulife Financial (MFC-T)
September 30, 2010
4.079% bond due August 20/15. Trades relatively cheap compared to the banks. Getting 3.75%-3.85% yield giving you about 1% more than a GIC or bank senior deposit note.
Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$12.980
Owned
Yes