It's the largest by far in this space and cheap at 0.13% MER. Carries the biggies in healthcare with J&J, Pfizer as the top two holdings. It's highly liquid. He wants US dollars now, which is another plus. Also likes ZUB-T, but he prefers U.S. dollars.
It charges a high 62 basis points, which is nuts. But it does access the Canadian banks. This should be 15 basis points tops. He still likes it though.
He got out of emerging markets early this year at a modest loss. The currency issue has knocked down China ETFs. China doesn't play by the rules, either. Some may call it corruption. Cut your losses and sell.
Run for the hills. Don't touch it. It's a leveraged one. You can still be on the right side of the trade, but you can still lose money--these are one-week holds. Don't hold them any longer.
U.S.2-year treasury bonds: The index bond ETFs aren't doing well because of rising rates, nor are the actively managed ones. So, he decided to buy this instead and play the short yield at 2.5% (now 2.8%). You get all your money, all U.S dollars, plus there are no fees.
