Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
September 17, 2020

Challenge with buying US ETFs that participate in MLPs is that they're not favourable to a Canadian investor. Withholding tax of 15-30%. Be very, very careful on the MLPs. If you want gas exposure, think about XEG or ZEO. Most bang for the buck would be the HED, with small cap exposure. Small caps have more operating leverage if you're confident gas prices will rise. HOG is a bit more conservative.

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Global X MLP ETF (MLPA-N)
September 17, 2020

Challenge with buying US ETFs that participate in MLPs is that they're not favourable to a Canadian investor. Withholding tax of 15-30%. Be very, very careful on the MLPs. If you want gas exposure, think about XEG or ZEO. Most bang for the buck would be the HED, with small cap exposure. Small caps have more operating leverage if you're confident gas prices will rise. HOG is a bit more conservative.

DON'T BUY
DON'T BUY
September 17, 2020

As good as VDY or ZDV. They all suffer from the same sector exposure, with large exposure to financials. With low interest rates, there's risk to owning financial services companies. Think twice about any overexposure to financials.

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As good as VDY or ZDV. They all suffer from the same sector exposure, with large exposure to financials. With low interest rates, there's risk to owning financial services companies. Think twice about any overexposure to financials.

BUY
BUY
September 17, 2020

The large gold companies in Canada. Contrast to ZGD, which is BMO's equal weight gold global producers. Gold exposure is important to buffer inflationary shocks. Most portfolios are underexposed to asset classes that can provide returns when inflation starts.

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The large gold companies in Canada. Contrast to ZGD, which is BMO's equal weight gold global producers. Gold exposure is important to buffer inflationary shocks. Most portfolios are underexposed to asset classes that can provide returns when inflation starts.

PARTIAL BUY
PARTIAL BUY
September 17, 2020
Long-term outlook for solar and increased efficacy in technology is inevitable. You also have the war against carbon. A long-term, secular bull market. Tough to say how this would play out in an election. It will have volatility, so you could buy the dips. The "explore" part of your portfolio, not the "core".
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Guggenheim Solar ETF (TAN-N)
September 17, 2020
Long-term outlook for solar and increased efficacy in technology is inevitable. You also have the war against carbon. A long-term, secular bull market. Tough to say how this would play out in an election. It will have volatility, so you could buy the dips. The "explore" part of your portfolio, not the "core".
WEAK BUY
WEAK BUY
September 17, 2020
Nice thing is they take a portion of the portfolio and write covered calls on it, so you get some income as you go along and it takes out some of the volatility. You underperform a bit, but you get the income. Not the best way if you're bullish on gold. With this ETF, you get the best of both worlds.
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Nice thing is they take a portion of the portfolio and write covered calls on it, so you get some income as you go along and it takes out some of the volatility. You underperform a bit, but you get the income. Not the best way if you're bullish on gold. With this ETF, you get the best of both worlds.
BUY
BUY
September 17, 2020

Get similar or better returns with less risk, beta, volatility. Well constructed product. Skews more to certain sectors like utilities and financial services, so you'll see underperformance. For 5-10-15-20 years, it's a thoughtful way to get returns from the market. Try XMV, which creates a portfolio of minimum volatility. You could use these 2 ETFs together.

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Get similar or better returns with less risk, beta, volatility. Well constructed product. Skews more to certain sectors like utilities and financial services, so you'll see underperformance. For 5-10-15-20 years, it's a thoughtful way to get returns from the market. Try XMV, which creates a portfolio of minimum volatility. You could use these 2 ETFs together.

BUY
BUY
September 17, 2020

With ZLB, you get similar or better returns with less risk, beta, volatility. Well constructed product. Skews more to certain sectors like utilities and financial services, so you'll see underperformance. For 5-10-15-20 years, it's a thoughtful way to get returns from the market. XMV creates a portfolio of minimum volatility. You could use these 2 ETFs together.

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With ZLB, you get similar or better returns with less risk, beta, volatility. Well constructed product. Skews more to certain sectors like utilities and financial services, so you'll see underperformance. For 5-10-15-20 years, it's a thoughtful way to get returns from the market. XMV creates a portfolio of minimum volatility. You could use these 2 ETFs together.