Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
June 12, 2019

Active managers don't beat bond indexes, net of fees. XBB is better, a straight bond universe and is cheaper; it'll perform just as well.

Active managers don't beat bond indexes, net of fees. XBB is better, a straight bond universe and is cheaper; it'll perform just as well.

Terry Shaunessy
President & portfolio manager, Shaunessy Investment Counsel
Price
$12.880
Owned
Unknown
BUY
BUY
June 12, 2019

HED-T Active managers don't beat bond indexes, net of fees. But he likes XBB which offers the a straight, simple Canadian bond universe and is cheap; it'll perform just as well as an actively managed bond index.

HED-T Active managers don't beat bond indexes, net of fees. But he likes XBB which offers the a straight, simple Canadian bond universe and is cheap; it'll perform just as well as an actively managed bond index.

Terry Shaunessy
President & portfolio manager, Shaunessy Investment Counsel
Price
$31.840
Owned
Unknown
BUY
BUY
June 12, 2019
Using cash to build a balanced portfolio in ETFs with a geographic spread. Make it 50/50, with half high-yield (which the caller already owns). He favours international stocks--which are not risky despite popular thinking. XEF is good for this international diversification. Remember that half the sales of S&P companies go aboard, including emerging markets. XEF holds big companies that have two-thirds of their sales in developing countries. So, you buy emerging companies indirectly and limit volatility.
Using cash to build a balanced portfolio in ETFs with a geographic spread. Make it 50/50, with half high-yield (which the caller already owns). He favours international stocks--which are not risky despite popular thinking. XEF is good for this international diversification. Remember that half the sales of S&P companies go aboard, including emerging markets. XEF holds big companies that have two-thirds of their sales in developing countries. So, you buy emerging companies indirectly and limit volatility.
Terry Shaunessy
President & portfolio manager, Shaunessy Investment Counsel
Price
$30.310
Owned
Unknown
HOLD
HOLD
June 12, 2019
The US banks are really cheap, but washed-out. He prefers the US regional banks, because they're not involved in the capital markets in a big way and are rather into housing. However, loan demand is a little weak (though not collapsing), because there aren't a lot of houses. This will get fixed in time. If you own this, hold it and be patient.
The US banks are really cheap, but washed-out. He prefers the US regional banks, because they're not involved in the capital markets in a big way and are rather into housing. However, loan demand is a little weak (though not collapsing), because there aren't a lot of houses. This will get fixed in time. If you own this, hold it and be patient.
Terry Shaunessy
President & portfolio manager, Shaunessy Investment Counsel
Price
$45.290
Owned
Unknown
BUY
BUY
June 12, 2019
Be patient. You're not buying this for yield. This is 80% stocks and 20% bonds. This will do very well over time. They just started with these growth ETFs, and VGRO is a good one. It's cheap at 20 basis points. VGRO re-balances regularly, too.
Be patient. You're not buying this for yield. This is 80% stocks and 20% bonds. This will do very well over time. They just started with these growth ETFs, and VGRO is a good one. It's cheap at 20 basis points. VGRO re-balances regularly, too.
Terry Shaunessy
President & portfolio manager, Shaunessy Investment Counsel
Price
$25.410
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
June 12, 2019

(A Top Pick Jul 13/18, Down 3%) Emerging markets used to be the Wild West, but they have morphed into mega-cap stocks like Alibaba and Tencent. Two-thirds of XEC are Chinese big-cap. It's much cheaper to buy this than a comparable American ETF that's Asia ex-Japan.

(A Top Pick Jul 13/18, Down 3%) Emerging markets used to be the Wild West, but they have morphed into mega-cap stocks like Alibaba and Tencent. Two-thirds of XEC are Chinese big-cap. It's much cheaper to buy this than a comparable American ETF that's Asia ex-Japan.

Terry Shaunessy
President & portfolio manager, Shaunessy Investment Counsel
Price
$25.830
Owned
Yes
PAST TOP PICK
PAST TOP PICK
June 12, 2019
(A Top Pick Jul 13/18, Down 13%) He loves base metals. There'll be high torque on this ETF. Copper plays significantly in this, because e-cars need a lot more copper than gas cars.
(A Top Pick Jul 13/18, Down 13%) He loves base metals. There'll be high torque on this ETF. Copper plays significantly in this, because e-cars need a lot more copper than gas cars.
Terry Shaunessy
President & portfolio manager, Shaunessy Investment Counsel
Price
$11.750
Owned
Yes