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COMMENT

Fixed income ETFs. Protect against capital losses in rising rate environment? If looking for some sort of FI vehicle, and don’t want any capital loss at all, your only option is to buy GICs. A fixed income ETF will still have price movement. When rates are rising, you want short-term, low duration (2 years or less) ETFs. XSB and ZST are good examples. ETF is much less sensitive to rising rates, and when rates start to rise you can go over to cash.

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COMMENT

Rate-reset preferreds. Preferred share market in Canada has become complicated with all these resets. He uses HPR, which is actively managed. Would work pretty well in rising rate environment.

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COMMENT

Preferred share market in Canada has become complicated with all these resets. HPR is actively managed. Would work pretty well in rising rate environment.

E.T.F.'s
COMMENT

For a small cap ETF, IWM or OUSM or IJR? Granddaddy is IWM, which has already had a pretty good year. For small cap in the US, go with this because it has liquidity. You can use the options market if you want something fancier. Be careful, as this are subject to US estate taxes. In Canada, use an active manager in this space. Canadian small-cap needs an active manager, rather than an ETF.

Unknown
COMMENT

IWM or OUSM or IJR? Granddaddy is IWM, which has already had a pretty good year. For small cap in the US, go with this because it has liquidity. You can use the options market if you want something fancier. Be careful, as this are subject to US estate taxes. In Canada, use an active manager in this space. Canadian small-cap needs an active manager, rather than an ETF.

investment companies / funds
DON'T BUY

Use it for all of a TFSA? Never put all of any portfolio in any one name. Diversify. ZWU takes utilities stocks and sells options against it. You give up performance for income, so you don’t get where you want to go. He’d dissuade someone from using this one. Use a global ETF. Or even make it simple with 50% in XBB and 50% in something like XWD, and on your birthday, just rebalance.

E.T.F.'s
PAST TOP PICK

(A Top Pick June 1 / 2017 , Up 1%) Gain has gone out of it in last 6 weeks, but they’ll add to their position. Stocks influenced by Euro directly, so Germany and France are #1 and 2. Doesn’t think tax will be put on. Will bounce once trade war rhetoric blows over.

E.T.F.'s