Investment Q&A

Q: Your thoughts on ZJAN BMO buffered ETF recommended by Larry Berman.

Thanks
Brian

Upvote 1

Read Answer Asked by Brian on June 09, 2025

• BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE $20.05)
  • $20.05 P/E (TTM): 49.04X Cap: $734M
  • View ZWE Profile
  • View Questions on ZWE

Q: What does this ETF hold and how does the covered call work? It is off the high of the year. Would now be a good time to purchase in TFSA for income and some growth as international exposure is low. If you prefer something else what would it be? Thank you!

Upvote 3

Read Answer Asked by Neil on June 09, 2025

• Purpose US Cash Fund (PSU.U $100.26)
  • $100.26 Cap: $757M
  • View PSU.U Profile
  • View Questions on PSU.U
• Global X USD High Interest Savings ETF (UCSH.U $50.06)
  • $50.06 P/E (TTM): 58.68X Cap: $409M
  • View UCSH.U Profile
  • View Questions on UCSH.U
• Vanguard Ultra-Short Bond ETF (VUSB $49.73)
  • $49.73 P/E (TTM): 14.76X Cap: $8.03B
  • View VUSB Profile
  • View Questions on VUSB

Q: Hi, I presently have $50000 U.S. in a non reg acct. I do not plan to purchase any stocks in the near future. Would appreciate your thoughts on what my options are to generate some income with it. Thank you.

Upvote 2

Read Answer Asked by Lorraine on June 09, 2025

• BMO Canadian Dividend ETF (ZDV $29.49)
  • $29.49 P/E (TTM): 0.72X Cap: $1.58B
  • View ZDV Profile
  • View Questions on ZDV

Q: I'm looking at an investment horizon of at least 5 years and would like to acquire ZDV etf. Given the current economic roller coaster that we are on with the US with it's ever-changing tariffs, what would be a reasonable price to buy ZDV?

Also, would you prefer to buy it in a registered account or a non-registered account? Please explain why.

Thank you for your assistance and have a wonderful weekend.

Upvote 3

Read Answer Asked by Cathy on June 09, 2025

• BMO Aggregate Bond Index ETF (ZAG $13.63)
  • $13.63 Cap: $12.13B
  • View ZAG Profile
  • View Questions on ZAG
• iShares Core Canadian Universe Bond Index ETF (XBB $27.83)
  • $27.83 P/E (TTM): 31.38X Cap: $9.87B
  • View XBB Profile
  • View Questions on XBB

Q: What will be the impact of the Bank of Canada's likely rate cut from 2.75% to 2% on the ZAG or XBB ETFs?
Is it better to simply buy bonds directly rather than ETFs?

Upvote 2

Read Answer Asked by Serge on June 09, 2025

• BMO Covered Call Canadian Banks ETF (ZWB $24.94)
  • $24.94 P/E (TTM): 15.51X
  • View ZWB Profile
  • View Questions on ZWB
• BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE $20.05)
  • $20.05 P/E (TTM): 49.04X Cap: $734M
  • View ZWE Profile
  • View Questions on ZWE
• BMO US Put Write ETF (ZPW $14.99)
  • $14.99 P/E (TTM): 28.16X Cap: $89M
  • View ZPW Profile
  • View Questions on ZPW
• BMO Covered Call US Banks ETF (ZWK $24.91)
  • $24.91 P/E (TTM): 13.16X Cap: $320M
  • View ZWK Profile
  • View Questions on ZWK
• Hamilton Enhanced Canadian Bank ETF (HCAL $36.26)
  • $36.26 P/E (TTM): 15.2X Cap: $786M
  • View HCAL Profile
  • View Questions on HCAL
• Hamilton Enhanced Canadian Covered Call ETF (HDIV $20.74)
  • $20.74 P/E (TTM): 20.4X Cap: $1.33B
  • View HDIV Profile
  • View Questions on HDIV
• Hamilton Enhanced U.S. Covered Call ETF (HYLD $13.49)
  • $13.49 P/E (TTM): 28.25X Cap: $967M
  • View HYLD Profile
  • View Questions on HYLD
• Harvest Diversified Monthly Income ETF (HDIF $8.46)
  • $8.46 P/E (TTM): 21.64X Cap: $464M
  • View HDIF Profile
  • View Questions on HDIF
• Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC $12.74)
  • $12.74 P/E (TTM): 6.67X Cap: $810M
  • View ENCC Profile
  • View Questions on ENCC
• Hamilton Utilities YIELD MAXIMIZER TM ETF (UMAX $13.56)
  • $13.56 P/E (TTM): 14.79X Cap: $1.20B
  • View UMAX Profile
  • View Questions on UMAX

Q: Hi. would like to know in what account (RRSP,TFSA,NON-REGISTERED) would be best suited for these ETFs and your best to less favored in order for each account type please. ZWB, HCAL, ZWK, ZWE, ZPW, UMAX, HYLD, HDIV, HDIF, ENCC. Thank you

Upvote 3

Read Answer Asked by Stan on June 09, 2025

• Vanguard Conservative ETF Portfolio (VCNS $31.04)
  • $31.04 P/E (TTM): 13.31X Cap: $808M
  • View VCNS Profile
  • View Questions on VCNS
• Vanguard Balanced ETF Portfolio (VBAL $36.46)
  • $36.46 P/E (TTM): 6.89X Cap: $4.79B
  • View VBAL Profile
  • View Questions on VBAL
• BMO Balanced ETF (ZBAL $14.68)
  • $14.68 P/E (TTM): 2.26X Cap: $499M
  • View ZBAL Profile
  • View Questions on ZBAL

Q: if a conservative investor wanted to invest in one ETF or stock in their TFSA today was would you suggest? Although the question was one, I would like a ranking of the top 3, Canadian only. please.

Upvote 6

Read Answer Asked by Brenda on June 09, 2025

• Sprott Physical Gold Trust (PHYS $45.62)
  • $45.62 P/E (TTM): 24.9X Cap: $18.39B
  • View PHYS Profile
  • View Questions on PHYS

Q: My question is about the Norbert Gambit.

If an ETF trades in both Canada and the US, does that automatically mean that you can transfer the ETF between your Canadian and US accounts (eg. PHYS)? Is there a way to tell which ETFs trade on both a US and Cdn exchange, and which ones can be transferred from a US to Cdn account, or vice versa?

Thank you for this excellent service.

Upvote 5

Read Answer Asked by Dale on June 09, 2025

• Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $43.36)
  • $43.36 P/E (TTM): 1.18X Cap: $8.88B
  • View VIU Profile
  • View Questions on VIU

Q: Hi! Thoughts on best international stock ETFs for TFSA using Canadian dollars. They are at all-time highs. Do they still represent value or should one wait for a dip? Thank you!

Upvote 3

Read Answer Asked by Neil on June 09, 2025

• Sprott Physical Platinum and Palladium Trust (SPPP $20.11)
  • $20.11 Cap: $194M
  • View SPPP Profile
  • View Questions on SPPP

Q: What is your view on platinum and palladium (bullion not equities) over the next 2-5 years.

Thank you for your excellent advice.

Upvote 1

Read Answer Asked by Dale on June 09, 2025

• Coinbase Global Inc (COIN $188.15)
  • $188.15 P/E (TTM): 44.38X Cap: $52.97B
  • View COIN Profile
  • View Questions on COIN
• Robinhood Markets Inc. (HOOD $69.38)
  • $69.38 P/E (TTM): 34.75X Cap: $65.26B
  • View HOOD Profile
  • View Questions on HOOD
• ISHARES BITCOIN TR (IBIT $39.60)
  • $39.60 Cap: $55.47B
  • View IBIT Profile
  • View Questions on IBIT
• iShares Ethereum Trust ETF (ETHA $16.07)
  • $16.07 Cap: $6.85B
  • View ETHA Profile
  • View Questions on ETHA

Q: seeing that you own some crypto I'm thinking I may get my toes wet, so to speak. At current prices, which one ETF would you favor of the above?
Also, I have more Canadian money available than US, is there disadvantage to IBIT.CA?
Should these be purchased in a Cash account, self directed RSP or TFSA?
Deduct as many questions as you need. I'll never get through these credits!

Upvote 8

Read Answer Asked by Brenda on June 06, 2025

• BMO Ultra Short-Term Bond ETF (ZST $49.08)
  • $49.08 Cap: $3.72B
  • View ZST Profile
  • View Questions on ZST
• Global X Cash Maximizer Corporate Class ETF (HSAV $118.17)
  • $118.17 Cap: $1.93B
  • View HSAV Profile
  • View Questions on HSAV
• Global X High Interest Savings ETF (CASH $50.03)
  • $50.03 P/E (TTM): 13.15X Cap: $6.85B
  • View CASH Profile
  • View Questions on CASH

Q: I asked this question on June 1, 2025 but did not get an answer so I am asking again.

What is the difference in underlining risks between ZST and high interest saving ETFs like CASH and HSAV?
What is the difference in yield between them?
I have about $100k in cash to park for 1 year ish so I am looking for a bit of yield during this time.

Upvote 2

Read Answer Asked by Anh on June 06, 2025

• BMO Europe High Dividend Covered Call Hedged to CAD ETF (ZWE $20.05)
  • $20.05 P/E (TTM): 49.04X Cap: $734M
  • View ZWE Profile
  • View Questions on ZWE
• Vanguard FTSE Developed Markets ETF (VEA $63.02)
  • $63.02 P/E (TTM): 18.15X Cap: $227.50B
  • View VEA Profile
  • View Questions on VEA

Q: Are there any restrictions on international equities within a TFSA? How do the dividends work? Thank you!

Upvote 4

Read Answer Asked by Neil on June 06, 2025

• BMO Covered Call Utilities ETF (ZWU $12.15)
  • $12.15 P/E (TTM): 16.11X Cap: $2.11B
  • View ZWU Profile
  • View Questions on ZWU
• BMO Canadian High Dividend Covered Call ETF (ZWC $21.20)
  • $21.20 P/E (TTM): 0.55X Cap: $2.08B
  • View ZWC Profile
  • View Questions on ZWC

Q: I normally keep individual stocks to a limit of 5% of my portfolio in a registered account. However, with ZWC being an ETF, how high do you think I could go, given that it is diversified in many stocks?

What would be an attractive price to buy into ZWC?

If ZWU is also held in the same account, how high could you go for that ETF (as a percentage of the account)? And would that affect the amount of ZWC held in the same account?

Thank you.

Upvote 2

Read Answer Asked by Cathy on June 06, 2025

• Harvest Strategy Inc. High Income Shares ETF (MSTY $3.61)
  • $3.61 P/E (TTM): 11.69X Cap: $56M
  • View MSTY Profile
  • View Questions on MSTY

Q: It seems you don't have it in your companies list, the question is, if one will buy it today will they receive the dividend? What do you think about the strategy in general?

Upvote 2

Read Answer Asked by Marios on June 05, 2025

• BMO Covered Call Utilities ETF (ZWU $12.15)
  • $12.15 P/E (TTM): 16.11X Cap: $2.11B
  • View ZWU Profile
  • View Questions on ZWU

Q: Do you have any insight into whether ZWU might increase or decrease its dividend going forward please? What factors might influence this, and if able to gauge or guess at it, what timeline might we see for a decision to update it? Thanks!

Upvote 3

Read Answer Asked by Andrew on June 05, 2025

• BMO Ultra Short-Term Bond ETF (ZST $49.08)
  • $49.08 Cap: $3.72B
  • View ZST Profile
  • View Questions on ZST
• Global X Cash Maximizer Corporate Class ETF (HSAV $118.17)
  • $118.17 Cap: $1.93B
  • View HSAV Profile
  • View Questions on HSAV
• Global X High Interest Savings ETF (CASH $50.03)
  • $50.03 P/E (TTM): 13.15X Cap: $6.85B
  • View CASH Profile
  • View Questions on CASH

Q: I’m thinking of switching my cash from CASH and HSAV to ZST. The reason is ZST now has a higher yield than CASH and HSAV (3%+ versus 2.6-2.7%)The intended duration is about 1 year.
What are the risks associated with ZST? Is ZST riskier than CASH and HSAV?

Upvote 3

Read Answer Asked by Anh on June 05, 2025

• BMO MSCI EAFE High Quality Index ETF (ZIQ $31.75)
  • $31.75 P/E (TTM): 24.33X Cap: $81M
  • View ZIQ Profile
  • View Questions on ZIQ

Q: Hello, what is your opinion of the MSCI world ex-USA sector neutral quality index in general? There is a new ETF that follows something similar, but it is probably to early to invest in. Thanks

Upvote 6

Read Answer Asked by Martin on June 05, 2025

• iShares Russell 2000 Growth ETF (IWO $313.43)
  • $313.43 P/E (TTM): 22.36X Cap: $12.42B
  • View IWO Profile
  • View Questions on IWO
• Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $43.36)
  • $43.36 P/E (TTM): 1.18X Cap: $8.88B
  • View VIU Profile
  • View Questions on VIU
• Vanguard U.S. Dividend Appreciation Index ETF (VGG $100.17)
  • $100.17 Cap: $2.23B
  • View VGG Profile
  • View Questions on VGG
• Hamilton Enhanced Canadian Covered Call ETF (HDIV $20.74)
  • $20.74 P/E (TTM): 20.4X Cap: $1.33B
  • View HDIV Profile
  • View Questions on HDIV

Q: Could you suggest for a RSP portfolio, starting from a cash balance of 150K, an array of 5 ETFs, covering Canadian and US/International sectors.
Would VGG selling in CAD qualify for the exemption of US taxes, or does it need to be a US traded ETF to qualify.
Take as many questions credit as needed.
Thank you.

Upvote 11

Read Answer Asked by francois on June 05, 2025

• GLOBAL X FDS (BOTZ $33.81)
  • $33.81 P/E (TTM): 57.87X Cap: $3.11B
  • View BOTZ Profile
  • View Questions on BOTZ
• GLOBAL X FDS (AIQ $47.47)
  • $47.47 P/E (TTM): 24.73X Cap: $7.54B
  • View AIQ Profile
  • View Questions on AIQ

Q: I am looking to add either AIQ or BOTZ to my portfolio for a long term hold. Both are ETF's. AIQ seems more focused on artificial intelligence while BOTZ is more focused on robotics. What would your preference be at this time?

Thanks

Upvote 2

Read Answer Asked by philip on June 05, 2025