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- BMO Equal Weight Oil & Gas Index ETF (ZEO)
- Global X S&P/TSX Capped Energy Index Corporate Class ETF (HXE)
- iShares S&P/TSX Capped Energy Index ETF (XEG)
Q: Wanting to add Cdn. oil & gas producers to my portfolio. I would like to add 2 ETFs, one to go into my TFSA and the other into the taxable (cash) account. What I would like some thoughts/suggestions on, are possible alternatives. Obviously, one of my major concerns is tax efficiency. Thanks to other subscribers for their questions and, of course, to the 5i Team. Bill
- Chevron Corporation (CVX)
- Phillips 66 (PSX)
- Exxon Mobil Corporation (XOM)
- BMO Equal Weight Oil & Gas Index ETF (ZEO)
- Global X S&P/TSX Capped Energy Index Corporate Class ETF (HXE)
- iShares S&P/TSX Capped Energy Index ETF (XEG)
Q: Hi,
In your answer to Jerry today (11-01-24) you had mentioned that you prefer ETFs like XEG and ZEO for the O&G sector play. Thank you.
If I want to avoid MERs and willing to put together a group of large/mid cap oil companies (not Gas) what companies would you recommend? About 5 to 8 names would be fine.
Also, why doesn't HXE as an ETF get the "love and respect" not only from you but from others in the financial media? Is there something inherently wrong with HXE?
Appreciate your response.
Mano
In your answer to Jerry today (11-01-24) you had mentioned that you prefer ETFs like XEG and ZEO for the O&G sector play. Thank you.
If I want to avoid MERs and willing to put together a group of large/mid cap oil companies (not Gas) what companies would you recommend? About 5 to 8 names would be fine.
Also, why doesn't HXE as an ETF get the "love and respect" not only from you but from others in the financial media? Is there something inherently wrong with HXE?
Appreciate your response.
Mano
Q: Hello Peter et al:
I was talking to one of my friends who is a retired Financial industry veteran. We were talking about Energy sector and ETFs. He said the risk for smaller ETFs like HXE is that they can be wound down and it can create a lot of headaches with paper work. Especially in a non registered a/c.
I read in today's Globe and Mail that 29 ETFs have been shuttered in January alone! (Rob Carrick's article)
What ETFs you think are at risk of being wound down? (Based on their AUM?) Specifically is HXE at risk?
Many thanks.
Mano
I was talking to one of my friends who is a retired Financial industry veteran. We were talking about Energy sector and ETFs. He said the risk for smaller ETFs like HXE is that they can be wound down and it can create a lot of headaches with paper work. Especially in a non registered a/c.
I read in today's Globe and Mail that 29 ETFs have been shuttered in January alone! (Rob Carrick's article)
What ETFs you think are at risk of being wound down? (Based on their AUM?) Specifically is HXE at risk?
Many thanks.
Mano
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