Q: Many travel, leisure, and entertainment stocks, as well as exchange-traded funds (ETFs), have rallied from a year ago on bets of a post-pandemic recovery now that a coronavirus vaccine roll-out has begun. The new Canadian-listed Harvest Travel & Leisure ETF (TRVL-T) has increased in price by 26.3 per cent in February alone, while collecting $66-million in inflows. What investment approach (individual stocks or ETF's) would you suggest in order to play in this post-pandemic recovery? And might you have any insights on TRVL-T? Cheers.
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Investment Q&A
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Q: Do you think this ETF would be a good investment for the recovery of travel. Are the fees reasonable? Is there another ETF you would recommend?
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Q: TRVL WHAT IS YOUR OPINION ON THIS RECENTLY NEW ISSUE ETFS?