Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
August 4, 2016

It is cheap. You have to be careful of bank and energy exposure and may want to look at a different dividend ETF if you already have a lot of exposure to these sectors. As a product there is nothing wrong with it.

It is cheap. You have to be careful of bank and energy exposure and may want to look at a different dividend ETF if you already have a lot of exposure to these sectors. As a product there is nothing wrong with it.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$29.570
Owned
Unknown
TOP PICK
TOP PICK
August 4, 2016

Broad US market, S&P 500 index. It has $200 Billion in assets. It is the largest ETF of them all. A lot of people have domestic and foreign ETFs, but no US ETFs. This represents the whole US market. Long term he is very bullish on the US. It trades in US$.

Broad US market, S&P 500 index. It has $200 Billion in assets. It is the largest ETF of them all. A lot of people have domestic and foreign ETFs, but no US ETFs. This represents the whole US market. Long term he is very bullish on the US. It trades in US$.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$216.410
Owned
No
TOP PICK
TOP PICK
August 4, 2016

Hedged US bank ETF. You had to wait to get into this sector until the litigation feast was over. The US banks have lagged the industry.

Hedged US bank ETF. You had to wait to get into this sector until the litigation feast was over. The US banks have lagged the industry.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$18.610
Owned
No
TOP PICK
TOP PICK
August 4, 2016

He likes the equal weight approach. He is looking for a trade here. You could see a bit of a lift on this one.

He likes the equal weight approach. He is looking for a trade here. You could see a bit of a lift on this one.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$11.540
Owned
Yes
SPECULATIVE BUY
SPECULATIVE BUY
August 4, 2016

It would be his favourite Japan ETF because as it is hedged, but he would not buy Japan right now. The currency is all over the place. He is not keen on Japan’s prospects. He prefers the US.

It would be his favourite Japan ETF because as it is hedged, but he would not buy Japan right now. The currency is all over the place. He is not keen on Japan’s prospects. He prefers the US.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$11.380
Owned
No
DON'T BUY
DON'T BUY
August 4, 2016

Low volatility S&P 500. There has not been a huge gain since last year. There may be another low volatility ETF that has done better, such as ZMV-T. Watch these things because sometimes the price has been driven up. He may have one of them for a few clients.

Low volatility S&P 500. There has not been a huge gain since last year. There may be another low volatility ETF that has done better, such as ZMV-T. Watch these things because sometimes the price has been driven up. He may have one of them for a few clients.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$33.220
Owned
Unknown
DON'T BUY
DON'T BUY
August 4, 2016

3 to 10 Year Hold? Lifecos have long tails. It’s not like car insurance where every year rates are redone. Life insurance policies are for 5-10-20 years, so repricing is very difficult for them. They used to invest in bonds to cover liabilities, but can’t do that as easily anymore because rates are so low, which is pushing them into riskier parts of the investment curve. They missed their numbers by about 13%, although Asia did well for them. Not expensive, but doesn’t see how they make a lot of money going forward. He would rather own a bank for that time horizon.

3 to 10 Year Hold? Lifecos have long tails. It’s not like car insurance where every year rates are redone. Life insurance policies are for 5-10-20 years, so repricing is very difficult for them. They used to invest in bonds to cover liabilities, but can’t do that as easily anymore because rates are so low, which is pushing them into riskier parts of the investment curve. They missed their numbers by about 13%, although Asia did well for them. Not expensive, but doesn’t see how they make a lot of money going forward. He would rather own a bank for that time horizon.

Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$16.950
Owned
Unknown