Q: Hi Peter. I am interested in the BMO US Index ETFs hedged to the Canadian Dollar. I am not clear on what this means. Are the holdings hedged at the time of fund investment or are they hedged on an ongoing, say daily basis. I am trying to learn whether my investment timing is key. Also, if the CDN dollar weakens against the US over time, would this effect my ROI. Finally, what is your view of these ETFs as a way to play in the US market with limited risk. Thanks. Sue
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hi Team 5I:
As a proponent of the "growing dividend" investment approach, I was thinking of ZDV (BMO CANADIAN DIVIDEND ETF) as a one stop, park it and forget it, purchase for all of my 18 year old child's newly created TFSA with $5,500 in it. Any concerns (other than the fee)? Any suggested alternatives, given the objectives?
Many thanks, Rick.
As a proponent of the "growing dividend" investment approach, I was thinking of ZDV (BMO CANADIAN DIVIDEND ETF) as a one stop, park it and forget it, purchase for all of my 18 year old child's newly created TFSA with $5,500 in it. Any concerns (other than the fee)? Any suggested alternatives, given the objectives?
Many thanks, Rick.
Q: Hi Peter, XEB (JP Morgan Emerging Bond Index)had a 17% return last TTM (indeed for a bond fund). What is your opinion going forward? Thanks
Q: Hi Gang, I live on the income generated from my investments and have about 16% invested in the Canadian Banks. I'm wondering about ZWB (banks covered-call ETF) as a double sided investment. The yield is nice, but given that the price appreciation trails that of the individual banks, would the position act as a partial hedge? And is a 10 to 15% position too high.
Thanks
Kyle
Thanks
Kyle