Q: Question about INSR- BMO Global Insurance ETF.
Surprised no one has asked out this one, I do not hold any Canadian Insurers directly but good exposure to Canadian and US banks.
This ETF has 10% exposure to Berkshire/ Buffett who has proven the long term benefits of owning insurance companies. What do you think about owning a product like this for long term growth is it worth it or better to put capital elsewhere-add to ZUB?
My main concerns with the space are: interest rates- how long/ high will they go, geography of the fund is it really better to have exposure to some of these countries, over complicating things in the portfolio- too many ETFs overlapping exposures, over exposure to 'financials' already etc...
Thank you!
Surprised no one has asked out this one, I do not hold any Canadian Insurers directly but good exposure to Canadian and US banks.
This ETF has 10% exposure to Berkshire/ Buffett who has proven the long term benefits of owning insurance companies. What do you think about owning a product like this for long term growth is it worth it or better to put capital elsewhere-add to ZUB?
My main concerns with the space are: interest rates- how long/ high will they go, geography of the fund is it really better to have exposure to some of these countries, over complicating things in the portfolio- too many ETFs overlapping exposures, over exposure to 'financials' already etc...
Thank you!