| TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Water Sector: A lot of dollars needs to be spent on infrastructure as well as on specifically water. Only 1/3 of the world has fresh water available to them. You won’t see prices move as aggressively as in energy or agriculture. | 2008-06-30 | |
| TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Global Agricultural: Agricultural soft commodities have had a big run and there might be some softness in prices over the next short while. In 5 years prices will be even higher than today. New technologies will be changing the world. | 2008-06-30 | |
| TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Cdn Preferred Shares: This has been a very negative market in the last 12 months. They present a great way to get exposure to a tax efficient income in today’s low interest rate environment. Gives you good exposure to good companies. You can get 5% to 6% return in banks and life insurance. Be in P1’s and P2’s, the higher quality credit side. | 2008-06-30 | |
| PAST TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | (A Top Pick Feb 13/08.) Canadian Banks & Life Insurance: Banks have a fantastic cash flow producing asset in retail banking, which can make up for any mistakes they make. Fantastic opportunities long term. Good entry points for long-term investors. | 2008-06-30 | |
| PAST TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | (A Top Pick Feb 13/08.) Natural Gas: He is bullish on natural gas. Over 70% increase in price this year. Good for the next 12 months. | 2008-06-30 | |
| PAST TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | (A Top Pick Feb 13/08.) Global Mining: Still very bullish on the hard commodities. You need to have exposure to the “global” mining area. (A lot of Canadian companies have been taken over.) Expecting this will be a long-term secular trend. | 2008-06-30 | |
| BUY | | iUnits Short Bond Index E.T.F. | XSB-T | 28.130 | Based on the DEX short-term bond index. Good ETF to get exposure to a lower term maturity bond. Pretty broad exposure with a low duration, so it shouldn’t have too much interest rate sensitivity to it. About 70% would be government bonds, which is a little high. About 4% yield. | 2008-06-30 | |
| BUY | | Claymore BRIC E.T.F. | CBQ-T | 39.000 | (BRIC = Brazil, Russia, India and China)Very bullish on Brazil, which is moving more from an emerging to a developed economy. India and China have had a difficult year. Russia is a reourced base exposure. (This is his company’s ETF.)This wuld be a long-term hold. Everyone should have exposure to BRIC's. | 2008-06-30 | |
| BUY | | iShares MSCI Brazil E.T.F. | EWZ-N | 89.290 | Brazil is moving from an emerging market to a developed economy. This ETF is more of a pure play on Brazil and he is very bullish on Brazil. | 2008-06-30 | |
| BUY | | Claymore Canadian Financial Monthly Income E.T.F. | FIE-T | 8.000 | Balanced portfolio of financials. Has equities, preferred shares and bonds of mainly banks and life insurers. Good ETF for broad balanced exposure. For a more targeted approach to banks he would suggest Claym Eq. Banc & Lifeco E.T.F. (CEW-T), which gives you exposure to the 6 large banks and the 4 lifecos on an equal weighted basis. (His company issues both ETF’s.) | 2008-06-30 | |
| BUY | | Claymore Equal Weight Bank & Lifeco E.T.F. | CEW-T | 7.050 | Gives exposure to the 6 large banks and the 4 lifecos on an equal weighted basis. (His company issues this ETF.) | 2008-06-30 | |
| DON'T BUY | | HBP Nymex Oil Bear + ETF | HOD-T | 7.020 | A leveraged inverse ETF. 2 times the negative of what oil is doing. If oil goes up, this will go down 2X’s. Chart shows a big decline because oil has been going up. His long-term view is that oil will be at or higher than current prices. | 2008-06-30 | |
| Comment | | ProShares UltraShort Consumer Goods E.T.F. | SZK-A | 82.090 | Short ETF that gives 2X exposure. If the market goes up this will go down 2X and vice versa. Specifically on the sub sector of US consumer goods. He feels there will be declines in US consumer spending but the companies are going to start to see improvement. | 2008-06-30 | |
| BUY | | iShares S&P Latin America 40 E.T.F. | ILF-N | 275.000 | Good ETF. If you like Brazil you’ll like this one. It’s about 65% Brazil. Also has Argentina and Chile. There are other ways to get the Brazil exposure. | 2008-06-30 | |
| BUY | | iUnits Real Return Bond E.T.F. | XRB-T | 20.610 | Inflation Protected Bonds are priced based on whatever core inflation rate there is. The company will issue them at a rate above the core inflation rate. This will give you inflation plus a percent above. Really good if you think inflation is going up as the yields will always go up during inflation. | 2008-06-30 | |
| BUY | | Claymore Global Agriculture E.T.F. | COW-T | 25.800 | He is quite bullish on agricultural commodities in general. Invests in companies that are effectively creating technologies and the underlying commodities. | 2008-06-30 | |
| BUY | | streetTracks Gold E.T.F. | GLD-N | 91.400 | Gold plays a great hedge against inflation and against the US$. Thinks you could see some appreciation in gold prices in the short term. | 2008-06-30 | |
| Comment | | streetTracks Gold E.T.F. | GLD-N | 84.580 | This is his favourite ETF for gold investing. This one is a physical gold product and holds actual gold in a vault. Low cost at 0.4% MER. A great gold product if you like gold. | 2008-05-02 | |
| Comment | | Claymore S&P/TSX Preferred E.T.F. | CPD-T | 17.790 | With credit markets going away, corporate bonds and fixed income type products like preferreds, their price goes in the opposite direction because of credit worries. The swing has gone too far and he actually likes preferreds now. You can now get very good tax efficient yields. He expects the spreads to tighten in the next short while and preferreds will benefit from this. | 2008-05-02 | |
| Comment | | iUnits S&P/TSE Energy E.T.F. | XEG-T | 100.020 | There are several different ways to play the oil industry. In Canada there is the iUnits S7P/TSE Energy E.T.F. (XEG-T) and Claymore Oil Sands E.T.F. (CLO-T). The XEG will be much more gassy and CLO is more oil. There is also the U.S. Oil Fund E.T.F. (USO-A) for crude oil. | 2008-05-02 | |
| Comment | | Claymore Oil Sands Sector E.T.F. | CLO-T | 26.560 | There are several different ways to play the oil industry. In Canada there is the iUnits S7P/TSE Energy E.T.F. (XEG-T) and Claymore Oil Sands E.T.F. (CLO-T). The XEG will be much more gassy and CLO is more oil. There is also the U.S. Oil Fund E.T.F. (USO-A) for crude oil. | 2008-05-02 | |
| Comment | | U.S. Oil Fund E.T.F. | USO-A | 93.400 | There are several different ways to play the oil industry. In Canada there is the iUnits S7P/TSE Energy E.T.F. (XEG-T) and Claymore Oil Sands E.T.F. (CLO-T). The XEG will be much more gassy and CLO is more oil. There is also the U.S. Oil Fund E.T.F. (USO-A) for crude oil. | 2008-05-02 | |
| Comment | | iUnits S&P Financial | XFN-T | 50.450 | Based on the Canadian S&P/TSX Financial sub index, which is a quarterly rebalance and market cap weighted. If you believe in the financial market place in Canada, this is a good place to be. | 2008-05-02 | |
| Comment | | Claymore Global Advantage Dividend E.T.F. | CYH-T | 21.260 | A Canadian global dividend E.T.F. that is hedged. This pays out a monthly income with about a 5% yield. | 2008-05-02 | |
| TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Canadian Natural Gas: - This market has seen a great run in the last couple of months with prices now close to $11. Still thinks it's under priced relative to European’s Liquefied Natural Gas (LNG). A great area right now for investors to look at. Storage levels and inventories are still low. | 2008-05-02 | |
| TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Water Sector: - A fantastic area for long-term investors to be looking at for their portfolios. This is a significant area of need. Not water filter or bottling companies, but companies that are creating the water infrastructure and providing fresh water sources to the global population. This will be important for over the next 10 to 15 years. | 2008-05-02 | |
| TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Canadian Preferred Shares: - The key that you always want to look at with preferreds is higher quality. The risk is always going to be around. Not at the top level of a bond but if you go with companies that are not going bankrupt, you get paid very well. | 2008-05-02 | |
| BUY | | Market Vectors Agribusinesses E.T.F. | MOO-A | 59.770 | There is a strong demand for commodities right now and a long-term secular movement into commodities. The run that we have seen is not anywhere close to what the prices over the next 5 years will be. | 2008-05-02 | |
| BUY | | Claymore Global Agriculture E.T.F. | COW-T | 24.280 | There is a strong demand for commodities right now and a long-term secular movement into commodities. The run that we have seen is not anywhere close to what the prices over the next 5 years will be. | 2008-05-02 | |
| BUY | | Claymore Global Agriculture E.T.F. | COW-T | 22.270 | To play the agricultural sector, there are 2 ETF's he would highlight. Claymore Global Agriculture (COW-T) and PowerShare DB Agriculture (DBA-A). This is an equity-based ETF and focuses on equities, the companies that play in the agricultural businesses. | 2008-04-01 | |
| Comment | | PowerShare DB Agriculture E.T.F. | DBA-A | 36.700 | To play the agricultural sector, there are 2 ETF's he would highlight. Claymore Global Agriculture (COW-T) and PowerShare DB Agriculture (DBA-A). This one focuses on the commodities themselves and their prices. | 2008-04-01 | |
| Comment | | Claymore Global Balanced Growth E.T.F. | CBN-T | 17.670 | This is a balanced ETF wrapped program that has more of a growth profile with about 80% equity exposure and 20% fixed income exposure. Designed to give you an underlined program of ETF’s all in one trade. For investors who don't know exactly how to build their own portfolios, this is one that is all in one trade. | 2008-04-01 | |
| Comment | | Claymore Canadian Financial Monthly Income E.T.F. | FIE-T | 8.350 | A balanced portfolio focused on fixed income and equities across the balance sheets of the financial services companies, the banks, looking at their equities, their preferred shares, their bonds, etc. The key issue is to pick a monthly income off it. Not looking to increase distributions. | 2008-04-01 | |
| Comment | | Claymore S&P Global Water E.T.F. | CWW-T | 18.600 | Focuses on water infrastructure and utility players as well as material providers. This is for the segment of the market that is looking to provide water resources to the infrastructure for the global population. This is a long-term theme. There has been market depreciation in the last 3 or 4 months. Currency on this one is not hedged as over the long term, currency fluctuations offset one another on a global basis. | 2008-04-01 | |
| BUY | | iShares Silver E.T.F. | SLV-A | 166.000 | Silver ETF. This one actually holds physical silver, not a futures or derivative-based exposure. Low MER. | 2008-04-01 | |
| BUY | | PowerShare's DB Commodity E.T.F. | DBC-A | 35.570 | A broad commodity portfolio based on the Deutsche Bank commodity index. This is a smart index and Deutsche Bank has optimized the rolled (?) feature of futures in order to outperform the broad Dow Jones commodity index. | 2008-04-01 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Bond ETFs are probably one of the best areas to look at exchange traded funds. You get the benefit of institutional pricing and very low cost MER’s. There has been a big run-up in treasury securities because of a flight to safety, so yields today are very low. He would look at high-quality government bond ETF and then add to that 30%-40% of with I-shares corporate bond portfolio. | 2008-04-01 | |
| TOP PICK | | Claymore BRIC E.T.F. | CBQ-T | 37.190 | He is very strong on the BRIC countries (Brazil, Russia, India and China). If you have a long-term horizon, you should have some of these in your portfolio. | 2008-04-01 | |
| BUY | | Claymore China Real Estate E.T.F. | TAO-N | 20.500 | Focuses on real estate in the Chinese marketplace. He likes this sector. | 2008-04-01 | |
| TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Global Mining: - Canadians investing in the mining sector over the last couple of years have probably lost their stocks. Still thinks the commodity markets are a great place to be. Industry has gone global. Focus on base metals as well as precious metals, aluminums and fuels such as uranium. | 2008-02-13 | |
| TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Canadian Banks & Life Insurance: - If you are looking at income investing, banks have been a great place from a yield perspective. These are great companies. Financials and life insurance have great balance sheets. Yields represent very attractive income relative to the bonds. Don't just hold 1 bank or life insurance, but diversify. | 2008-02-13 | |
| TOP PICK | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Natural Gas: - Last year was a great run in oil prices but there was a strong dichotomy between the price of oil and natural gas. Very cheap commodity right now. LNG is now trading higher than Canadian/US natural gas. | 2008-02-13 | |
| BUY | | Claymore S&P Global Water E.T.F. | CWW-T | 17.290 | He is a strong bull in the infrastructure sector of the water. This is a theme that will continue to play out in the next 5 to 10 years. This is an ETF of companies that provide water utilities and resources globally as well as equipment providers. Only 1/3 of the world's population has access to fresh water and is expected to grow to 2/3 in the next 10 to 20 years. | 2008-02-13 | |
| BUY | | streetTracks Gold E.T.F. | GLD-N | 89.440 | A great product. Physical gold. He would appoint people to physical gold rather than the derivative contracts. | 2008-02-13 | |
| BUY | | Claymore Global Agriculture E.T.F. | COW-T | 21.240 | A new agricultural ETF. Very bullish on this theme. There are some fundamentals that are occurring right now and the dynamics are quite interesting. Population is growing and needs to be fed, both in developed and developing nations. There is lots of arable land through climate changes as well as a new form of demand through biofuels. | 2008-02-13 | |
| BUY | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Quite bullish on the alternative energy clean tech space. There are some very good products out there such as PowerShares Bio&Genomeme (PBE-A) and PowerSh Clean Enrgy E.T.F. (PBW-A). He prefers looking at sustainable energy as opposed to just alternative. | 2008-02-13 | |
| DON'T BUY | | Barclays MSCI India Total Return | INP-N | 79.080 | This is an exchange traded note product. iPath is a different series than iShares. iPath is a note issued by Barclays, i.e. a debt instrument. It has just been announced that this is going to be shut down because of regulatory issues from an investment perspective in India. | 2008-02-13 | |
| BUY | | BetaPro S&P/TSX 60 Bear E.T.F. | HXD-T | 21.560 | BetaPro S&P/TSX 60 Bear E.T.F (HXD-T) and BetaPro S&P/TSX 60 Bull E.T.F. (HXU-T) are great for short-term trading. This is a leveraged short ETF. When the markets go down, it tries to do the inverse. It uses futures contracts underlying it. Would be little more cautious for long-term trading. For more sophisticated investors. | 2008-02-13 | |
| BUY | | BetaPro S&P/TSX 60 Bull E.T.F. | HXU-T | 27.220 | BetaPro S&P/TSX 60 Bear E.T.F (HXD-T) and BetaPro S&P/TSX 60 Bull E.T.F. (HXU-T) are great for short-term trading. Would be little more cautious for long-term trading. For more sophisticated investors. | 2008-02-13 | |
| BUY | | iUnits S&P TSE 60 E.T.F. | XIU-T | 78.120 | (Caller - Suggesting shorting so that he does not get 2X the leverage and 2X the risk.) Depends on how long a short position you want to hold. If you are looking at a short term short he would suggest BetaPro S&P/TSX 60 Bear E.T.F. (HXD-T) which would be an alternative to this one. This one is a great product, lowest cost equity fund out there. Hard to beat if you want to get short-term exposure or long-term exposure to the equity market. | 2008-02-13 | |
| BUY | | PowerShare DB Agriculture E.T.F. | DBA-A | 37.830 | Probably one of the better agricultural ones for grains and commodities. Based on a Deutsche Bank commodity index. If you think commodity prices have more room to grow from here, it is a great way to play. | 2008-02-13 | |
| Comment | | HBP Financials Bull+ E.T.F. | HFU-T | 15.580 | MER is 1.15% plus there’s a forward transaction underlying it for a total of about 1.5%. You will get the dividends, but there will also be a cost on the leverage. They don't actually buy the stocks, but buy the futures market for exposure. Great product for trading but is not a product he would invest in for a long term. From a long-term perspective you are going to have difficulties seeing returns give you 2X but you are always going to have 2X market risk. You are probably better off margining a bank ETF or at a bank type of index to get the same kind of leverage. | 2008-02-13 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Withholding Tax: - Just like any other product, you are going to be subject to withholding tax on ETF's. It is claimed at the level before it even reaches your account. Also, dividend tax credit on foreign investments is lost because it is treated as foreign income. | 2008-02-13 | |
| DON'T BUY | | SPDR Financial E.T.F. | XLF-A | 27.150 | A US S&P 500 Financials ETF on the broad US financials space. Very good product to get exposure to US financials. Still some questions around financials and whether they subprime mess is cleaned up. Isn't worth rushing into it yet. You are going to start to see some audited financials come out giving more disclosure in the next 2 weeks. | 2008-02-13 | |
| Comment | | iShares S&P Glb Financl E.T.F. | IXG-N | 71.290 | This is a good product for global financials and banks when they time is ripe. | 2008-02-13 | |
| Comment | | A Comment -- General Comments From an Expert | A Commentary | 0.020 | Security Value versus ETF; - The way an ETF is priced is one of the biggest misconceptions out there. An ETF represents the exact weighted average of the price of all the underlying stocks. The big benefit is the contractual agreement he has with a designated broker/partner who actually trades the ETF all day long, trying to keep the market price and the net asset value as tight as possible within a bid/ask spread. | 2008-02-13 | |
| Comment | | iShares FTSE/China 25 | FXI-N | 146.990 | This is a great iShare if you like China. Be careful as it does trade with premiums from here and there but is a good ETF to look at. | 2008-02-13 | |
| Comment | | Vangrd Pacific E.T.F. | VPL-A | 61.600 | This gives you the broad Asian marketplace including Japan. A lot of people like to separate Japan because it is more developed than developing. | 2008-02-13 | |
| Comment | | PowerShare Asia Pac ex-Jap E.T.F. | PAF-N | 51.630 | This one gives you the more developing nations of Asia. | 2008-02-13 | |
| BUY | | Brick Group Income Fund | BRK.UN-T | 8.250 | (This is his own fund.) This was the #1 performing fund in Canada last year. Likes the segment of the Brazil, Russia, India and China. The economies of these countries are great places for long-term investors. | 2008-02-13 | |
| BUY | | Claymore Cdn Div & Income E.T.F. | CDZ-T | 20.140 | (His Company.) Focused on companies that consistently grow their dividends every single year. A company has to grow its dividends 5 years straight or it is ineligible. Also has income trusts. | 2008-02-13 | |
| Comment | | iUnits Dividend E.T.F. | XDV-T | 20.660 | Focuses on just high yield paying companies. | 2008-02-13 | |
| BUY | | Claymore BRIC E.T.F. | CBQ-T | 31.250 | This is his fund. Paying out a quarterly yield less expense. Designed as an index to cover Brazil, Russia, India and China. Designed for long-term investment. This is an emerging market, so there will be volatility. | 2007-06-18 | |
| BUY | | IsHARES MSCI Sweden ETF | EWD-N | 36.160 | Sweden is a strong market right now so this has had a good run. A good product, but doesn't see it being any stronger than any other European market. Low-cost and efficient. | 2007-06-18 | |
| BUY | | BetaPro S&P/TSX 60 Bull E.T.F. | HXU-T | 30.940 | Likes for leveraging on short-term exposures. Great product for trading. Not the best product for investing long-term. They are re-leveraged and rebalanced on a daily basis. | 2007-06-18 | |
| Comment | | iUnits S&P Financial | XFN-T | 55.210 | Real estate and financials, Canadian exposure only. | 2007-06-18 | |
| BUY | | Claymore/Sabre. Insider E.T.F. | NFO-A | 30.880 | US based product investing in US companies only. Not North American or Global exposure. Great investment managers. Buying or selling stocks by employees/management is the key metric. | 2007-06-18 | |
| BUY | | Claymore S&P/TSX Preferred E.T.F. | CPD-T | 19.230 | Based on about 60 Canadian preferreds. MER of .045%. 50% to 60% are in perpetual preferred shares. Great long-term hold. | 2007-06-18 | |
| TOP PICK | | Claymore Oil Sands Sector E.T.F. | CLO-T | 24.140 | Pure play on the sustainable wealth of Canadian oil sands. Sees oil at $40/$50 long term. Weighted on 3 key factors, current production, 2015 production and percentage of overall production. | 2007-06-18 | |
| HOLD | | iShares FTSE/China 25 | FXI-N | 125.560 | Great product for long-term exposure to China. He is bullish on China. Good long term play. | 2007-06-18 | |
| BUY | | China Mobile Hong Kong | CHL-N | 50.970 | Good company fundamentally for the long term. | 2007-06-18 | |
| BUY | | Barclays MSCI India Total Return | INP-N | 58.770 | Uses an exchange-traded note issued by Barkley’s which helps give a guarantee in the exposure to India. | 2007-06-18 | |
| TOP PICK | | Claymore International Fundamental E.T.F. | CIE-T | 20.350 | International exposure ex USA. Broadly large caps in the developed market. Great exposure to Japan, UK and other European markets as well as Australia and the far east. Based on companies’ revenues, cash flow, book value and dividends. | 2007-06-18 | |
| TOP PICK | | Claymore S&P/TSX Global Mining E.T.F. | CMW-T | 21.180 | Pure play on global mining. Great exposure to the broad market without the risk of losing your stock after because of acquisition. Gives exposure to gold, platinum, silver, nickel and uranium. | 2007-06-18 | |
