Tuesday, October 29, 2019

Money Show 2019 – Kevin Prins

Steve Hawkins spoke in the opening remarks. His talk was called “Building Simply Portfolios Using Low-Cost ETFs”. He is the Managing Director, Head of Distribution, ETFs, and Managed Accounts at BMO Global Asset Management. His company’s site is here.

You can buy Market Cap ETFs which contain the larges companies and the larges weights. There are Fixed Income (Bond) ETFs and Sector ETFs (e.g. Utilities EFTs and new Communication ETFs). When you are buying ETFs, you are buying a basket of stocks. The Utilities ETF has a basket of utilities stock. There are innovated ETS such as Smart Beta ETFs with lower risk and Factor focused ETFs with Quality stocks or Growth stocks. You can tilt your portfolio of Value with EFTs.

With EFTs you have liquidity and diversification. This comes with buying a basket of stocks. ETFs are efficient, cost effective and you have portfolio transparency. When buying ETFs look not only at cost, but at exposure. You should know what you are buying and know the index/method of the ETF.

You can go to their site above for ETF tools. You can compare ETFs and Mutual Funds. It shows all ETFs in Canada. There is also an Excel output feature.

On my other blog I wrote yesterday about Molson Coors Canada (TSX-TPX.B, NYSE-TAP) ... learn more. Next, I will write about Brookfield Asset Management Inc. (TSX-BAM.A, NYSE-BAM) ... learn more on Wednesday, October 30, 2019 around 5 pm

This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.

No comments:

Post a Comment