We view currency as yet another form of diversification, and typically prefer unhedged products. Currency predictions are always difficult, but right now with the US economic situation much much better than Canada's, unhedged seems to be an easier call. QQQT is too tiny right now ($7M in assets) to endorse but we have no concerns with its set up nor holdings. It owns the typical mega cap tech stocks in large weightings. Its top five holdings are 47% of the fund. The fee is acceptable for a Canadian-listed fund. Its one-month performance is 10.6%.
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