Q: Hello
Can you recommend fix income ETFs in international and USA markets for the following industries:
- Technology
- Industrials
- Healthcare
- Consumer cyclical
- Communication services
I have a large share of Magna Inc stock that had a very big devaluation in the last 2 years. What is the recommendation for this stocks? Hold, sell?
Thank you.
Can you recommend fix income ETFs in international and USA markets for the following industries:
- Technology
- Industrials
- Healthcare
- Consumer cyclical
- Communication services
I have a large share of Magna Inc stock that had a very big devaluation in the last 2 years. What is the recommendation for this stocks? Hold, sell?
Thank you.
5i Research Answer:
The universe of fixed income sector ETFs is fairly low. There are covered call funds but we would not consider these the same. XHYT is a media/tech fixed income ETF. We do not have an international suggestion for most of these. HIND is an industrial income ETF but equity-based. HHL is similar for healthcare. XHYC for cyclicals. We do not have a good suggestion for communications. We would consider MG a HOLD at 7X earnings now.