Q: For some diversity on the US side of my portfolio, I added both ZLU and ZVU. It has now been roughly three years since I bought them and ZLU has averaged 12% including distributions while ZVU has averaged 1.5%. What do you think selling ZVU and adding to ZLU, or buying ZDY? The goal is to offset some of the volatility from my growthier US stocks which include many of the top names in the S&P 500 Index. Thank you.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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BMO Low Volatility US Equity ETF (ZLU)
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BMO US High Dividend Covered Call ETF (ZWH)
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Vanguard S&P 500 Index ETF (VFV)
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Vanguard Balanced ETF Portfolio (VBAL)
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Invesco S&P 500 Equal Weight Index ETF (EQL)
Q: Good Morning
I would like to increase my US position in my RRSP. I currently cover this US exposure through VBAL(core position) VFV approx 4.5%, Legacy positions of ZLU and ZWH approx, 3%, totaling approx. 31% US. My thoughts were to replace ZLU/ZWH and increase VFV and add EQL to gain broader exposure to US market. Would this give me a good exposure without over duplication? I am retired and 65 and would like a balanced plus approach. Your thoughts or other ideas would be appreciated.
Thank you,
Mike
I would like to increase my US position in my RRSP. I currently cover this US exposure through VBAL(core position) VFV approx 4.5%, Legacy positions of ZLU and ZWH approx, 3%, totaling approx. 31% US. My thoughts were to replace ZLU/ZWH and increase VFV and add EQL to gain broader exposure to US market. Would this give me a good exposure without over duplication? I am retired and 65 and would like a balanced plus approach. Your thoughts or other ideas would be appreciated.
Thank you,
Mike
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BMO Equal Weight Utilities Index ETF (ZUT)
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BMO Low Volatility Canadian Equity ETF (ZLB)
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BMO Low Volatility US Equity ETF (ZLU)
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Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV)
Q: I am a senior citizen now with a lower tolerance for risk and accepting of a lower rate of return on my investments for that. When interest rates increased, I invested in MM funds; now with rates going south, I am looking to get back into some more conservative stocks/ETF/Mutual funds with growth prospects.
Can you provide 5 stocks/ETF's you believe would fill this request. I am looking at Canadian but if there isa US one that makes sense, I would look at it.
As always, thanks for your advise.
Regards
Jim
Can you provide 5 stocks/ETF's you believe would fill this request. I am looking at Canadian but if there isa US one that makes sense, I would look at it.
As always, thanks for your advise.
Regards
Jim
Q: Can I have your thoughts about this ETF for a 3-year hold please?
Thanks
Thanks
Q: I'm looking for some options for a low volatility etf. Would you recommend ZLB or is there something else that might be a better choice.
Thank you.
Thank you.
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BMO Low Volatility Canadian Equity ETF (ZLB)
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BMO Low Volatility US Equity ETF (ZLU)
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iShares MSCI USA Min Vol Factor ETF (USMV)
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THOR FINANCIAL TEC (THLV)
Q: Please suggest some US equivalents to ZLB and your preferred account to hold them in.
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iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
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BMO Covered Call Utilities ETF (ZWU)
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BMO Low Volatility US Equity ETF (ZLU)
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iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO)
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iShares Core Canadian Universe Bond Index ETF (XBB)
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iShares Core S&P/TSX Capped Composite Index ETF (XIC)
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iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
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Vanguard FTSE Developed All Cap ex North America Index ETF (VIU)
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Vanguard Balanced ETF Portfolio (VBAL)
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Global X S&P/TSX Capped Composite Index Corporate Class ETF (HXCN)
Q: Can you suggest 10 best (sleep at night) low risk, monthly/quarterly income, tax efficient, Canadian etfs. Monthly preferred but not essential. Held in non registered account.
Q: Hi Peter,
Is there any US withholding tax if this ETF is held under a TFSA or FHSA?
Thanks,
Is there any US withholding tax if this ETF is held under a TFSA or FHSA?
Thanks,
Q: Will ZLU have any tax implications if held in a LIRA account?
Q: Which growth US$ ETF's would you recommend that have low dividends, low volatility, and good past performance.
John
John
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BMO Low Volatility US Equity ETF (ZLU)
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BMO Low Volatility US Equity ETF (ZLU.U)
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iShares Core S&P/TSX Capped Composite Index ETF (XIC)
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Vanguard S&P 500 Index ETF (VFV)
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Vanguard Growth ETF Portfolio (VGRO)
Q: In my open (unregistered) account, I currently own VGRO and am looking to invest some funds in ETFs . What is the difference between ZLU and ZLU.U? How would your rate the above ETFs for growth over the next 5 years? Do these ETFs hold similar investments (stocks, bonds, etc)? If I invested in 2 ETFs, which ETFs would be complimentary? Can you suggest similar ETFs with better growth potential in the next 5 years? Thank you
Q: I have been unable to find a comparison between these 2 BMO US ETFs. Would you suggest one over the other for a senior well into retirement? Fixed income taken care of.
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Fairfax India Holdings Corporation Subordinate Voting Shares (FIH.U)
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BMO Low Volatility US Equity ETF (ZLU)
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Vanguard Dividend Appreciation FTF (VIG)
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SPDR S&P 500 ETF Trust (SPY)
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iShares MSCI India Small-Cap ETF (SMIN)
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iShares MSCI India ETF (INDA)
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iShares MSCI China ETF (MCHI)
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iShares S&P India Nifty 50 Index Fund (INDY)
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KraneShares CSI China Internet ETF (KWEB)
Q: Emerging markets are getting some attention lately for reasonable valuations.
India is being mentioned as a strong growth country. Many experts suggest US large corps as a better way to invest rather than the corps of the emerging markets .
What are your thoughts and ideas for investment to take advantage of emerging markets as far as actual emerging market etf or etf of large cap US based major exporters/worldwide etf. ?
India is being mentioned as a strong growth country. Many experts suggest US large corps as a better way to invest rather than the corps of the emerging markets .
What are your thoughts and ideas for investment to take advantage of emerging markets as far as actual emerging market etf or etf of large cap US based major exporters/worldwide etf. ?
Q: Hi Peter, Ryan, and Team.
Would you endorse a switch from ZLU to VFV? When I look at the sector breakdown of ZLU, I notice that ZLU is heavy in sectors that probably should currently be under-represented, and very light in sectors that should have higher concentration. And of course, the MER of 0.08% for VFV is better than ZLUs of 0.30%.
ZLU is held in our Margin account, and VFV is already held in our RRIFs.
Thanks as always for the timely advice.
Would you endorse a switch from ZLU to VFV? When I look at the sector breakdown of ZLU, I notice that ZLU is heavy in sectors that probably should currently be under-represented, and very light in sectors that should have higher concentration. And of course, the MER of 0.08% for VFV is better than ZLUs of 0.30%.
ZLU is held in our Margin account, and VFV is already held in our RRIFs.
Thanks as always for the timely advice.
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Constellation Software Inc. (CSU)
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WSP Global Inc. (WSP)
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TFI International Inc. (TFII)
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Alimentation Couche-Tard Inc. (ATD)
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BMO Low Volatility US Equity ETF (ZLU)
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Vanguard FTSE Europe ETF (VGK)
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Financial Select Sector SPDR (XLF)
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Vanguard FTSE Emerging Markets ETF (VWO)
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Aritzia Inc. Subordinate Voting Shares (ATZ)
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Vanguard Dividend Appreciation FTF (VIG)
Q: I am looking at investing 2023 contributions (2 x $6500) in stocks and/or ETFs. Please provide 5 stocks and 5 ETFs for long term hold. Rank the stocks and ETFs and comment on why they are being recommended,
Current stock holdings include: BYND, BAM, BN, REGN, TSLA
Current ETFs: QQQ, VGRO, ZEM, SKYY, IHI, XIT and SPY
Thank you
Current stock holdings include: BYND, BAM, BN, REGN, TSLA
Current ETFs: QQQ, VGRO, ZEM, SKYY, IHI, XIT and SPY
Thank you
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Alphabet Inc. (GOOG)
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Microsoft Corporation (MSFT)
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BMO Low Volatility US Equity ETF (ZLU)
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INVESCO QQQ Trust (QQQ)
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Vanguard Small Cap ETF (VB)
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Vanguard Total Stock Market ETF (VTI)
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Berkshire Hathaway Inc. (BRK.B)
Q: I have US exposure through a company pension that tracks the S&P. It represents about 20% of my overall holdings. I have recently come into enough US cash to add two or three new individual holdings, or perhaps buy an ETF or two that would complement the S&P tracking pension. I would welcome your thoughts and suggestions for individual stocks or ETFs that would be suitable additions.
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BMO Low Volatility US Equity ETF (ZLU)
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INVESCO QQQ Trust (QQQ)
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Vanguard Total Stock Market ETF (VTI)
Q: Hi Peter,
I want to move my investments to a portfolio of ETF's, Please suggest a group of ETF's with strong growth potential for Long term ( 10-15 years).
I want to move my investments to a portfolio of ETF's, Please suggest a group of ETF's with strong growth potential for Long term ( 10-15 years).
Q: zlu follow up question, thanks for pointing out that zlu trades in USD as zlu.u
When i compare performance of those 2 ETFs using yahoo finance or questrade edge or the bmo website zlu significantly outperforms zlu.u over any time frame
If the performance was similar i would invest in zlu.u as it is in my rrsp account but in this case given the outperformance i think i will opt for zlu.
I do not understand the performance differential, assume fx must be related but it seems like too much.
When i compare performance of those 2 ETFs using yahoo finance or questrade edge or the bmo website zlu significantly outperforms zlu.u over any time frame
If the performance was similar i would invest in zlu.u as it is in my rrsp account but in this case given the outperformance i think i will opt for zlu.
I do not understand the performance differential, assume fx must be related but it seems like too much.
Q: Is there an equivalent to ZLU in US Dollars? I would like to invest in ZLU but since it will be in my RRSP i think i should invest in US Dollars if possible. There are many funds that follow the S&P 500 Value Index but ZLU has outperformed those over the last few years.
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BMO Low Volatility Canadian Equity ETF (ZLB)
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BMO Low Volatility US Equity ETF (ZLU)
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iShares Core S&P 500 Index ETF (CAD-Hedged) (XSP)
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iShares S&P/TSX 60 Index ETF (XIU)
Q: I am thinking of setting up my portfolio with 25% positions in XIU, ZLB, XSP, ZLU. I am trying to avoid bonds and International stocks as they always seem to be a drag on the portfolio. With this arrangement I feel I have a better chance for returns closer to the market. With the low volatility ETF’s, I am hoping my positions would cause less volatility and would smooth out returns as the holdings in each are well correlated. Would you consider this plan to be too risky or would you have any other commentary or suggestions?