Q: I read an article about company spinoffs in cdn moneysaver. Do you know of any ticker symbols for ETFs on CDN or US markets that cover these new companies? thank you. mike
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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.
Q: Hello 5i,
What do you think about CSD lately? I couldn't help but the notice the large amount of redemptions with their last report.
Thanks in advance.
What do you think about CSD lately? I couldn't help but the notice the large amount of redemptions with their last report.
Thanks in advance.
Q: In this month's MoneySaver magazine, there is an article by Rita Silvan titled "Spin-offs, Ticker Symbols and Other Investment Anomalies". In this article, she states that in the last 15 years, from 2002 to 2017, the Bloomberg US Spun-Off Index returned nearly 1,000% compared to the S&P 500 Index which returned 203.9%.
Are you aware of any ETFs which track this index? What is your view about ETFs which track spin-offs? Is this a strategy which you would recommend? I could only find the Invesco S&P Spin-Off ETF (CSD) and its returns appear to be 2.15% annually over the last 5 years, and is a significant underperformer compared to the S&P500.
Thank you again for your invaluable advice. This service is truly excellent!
Are you aware of any ETFs which track this index? What is your view about ETFs which track spin-offs? Is this a strategy which you would recommend? I could only find the Invesco S&P Spin-Off ETF (CSD) and its returns appear to be 2.15% annually over the last 5 years, and is a significant underperformer compared to the S&P500.
Thank you again for your invaluable advice. This service is truly excellent!