Q: Thanks for your answer on ZUB - one basis point for hedging is neither here nor there. However, you refer to the "true" cost of hedging i.e. the efficiency of the mechanism, and I wonder if there is a gradual slippage over time such as you get with the (leveraged?) inverse ETF's where you never get back to your start point. In those cases I believe the slippage is significant over time - enough in theory to make it worth shorting the inverse product. Point is I expect to hold ZUB for some time - years potentially - and would like to hedge but think I have to avoid the cost of extended incremental slippage.
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Investment Q&A
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Q: I assume hedging is a two way street - you get protection back to Can$ if the US $ falls but lose the gain associated with a US$ rise, and there is a cost to provide this?? So if the US$ looks strong going forward relative to the Looney is this the best strategy and are there other US banking sector ETF choices. What do you think?
Q: Aside from zub,are there any canadian listed etfs that are comprised of not only the big 5 American banks but some midsize regional banks and insurance companies. Thanx. Best wishes for the holidays.
- Johnson & Johnson (JNJ)
- Richards Packaging Income Fund (RPI.UN)
- A&W Revenue Royalties Income Fund (AW.UN)
- BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB)
Q: I am currently up 30 to 60% on these companies, all are held in an RSP or RIF account. Would you add, take profits, or sell full position in any of these funds. I have about $20,000 to invest currently in my RRSP and am wondering if it is to late to start a new US position. I am considering facebook or google? Thanks for your input!
Q: Could you recommend a U>S> bank stock ETF, preferably one that trades on the TSX?
Raymond
Raymond
Q: With the huge rise in US banks these past couple of weeks, would this be a good ETF to buy to catch any future gains? Is there a different one you'd recommend with upside exposure to US banks? Thanks.
Q: two US Bank ETF's - 1 headged to CDN $. Would it better to buy the unheadged ETF if we expect the US $ to go up?
Thank You
Thank You
- BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB)
- BMO Equal Weight US Health Care Hedged to CAD Index ETF (ZUH)
Q: american banking and healthcare are taking off due to the Trump win, would you suggest taking a position via ZUB and ZUH
any other sectors/suggestions?
Thanks Peter
any other sectors/suggestions?
Thanks Peter
- BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (ZWA)
- BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB)
- BMO Low Volatility US Equity ETF (ZLU)
- iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO)
- iShares 1-5 Year Laddered Government Bond Index ETF (CLF)
Q: Given today's market and the expectation of a US rate hike, could you identify 5 ETF's that you would be comfortable with to provide safety of principal and income. Thanks.
Q: I have Zub to play the U.S banking,mainly for diversification, up a small amount,is this the best way or would just stick to Canadian banks.
Not interested in currency or tax issues.
Thanks,great work,Brad
Not interested in currency or tax issues.
Thanks,great work,Brad