Diversification with a canadian ETF
Hi everybody,
Today i want to show you a investing opportunity that can help you deversify your portfolio and lower your risk, because we all know that the most important thing when you are investing is to find a way to minimise the risks so diversify is one of the solution. The ETF that i want to talk about today is BMO covered call utilities. This ETF hold 53.97% utilities, 27.7% in communication and 18.76% in energy for a total of 71 holdings. This fund is managed by professional investors to keep the risk at low to medium and the fee for that is about 0.65% annualy.
As you can see the chart show us a nice clean consolidation followed by a break out above the resistance. The volume went from 178.40K to 355.7K during the breakout. I expect to see the price going higher in the futur and you what do you think about it ?
*Note that this is not an indvesting advice and that i am sharing it for information only, you should make your own investigation before investing in this asset.
Have a good night
Greg
Today i want to show you a investing opportunity that can help you deversify your portfolio and lower your risk, because we all know that the most important thing when you are investing is to find a way to minimise the risks so diversify is one of the solution. The ETF that i want to talk about today is BMO covered call utilities. This ETF hold 53.97% utilities, 27.7% in communication and 18.76% in energy for a total of 71 holdings. This fund is managed by professional investors to keep the risk at low to medium and the fee for that is about 0.65% annualy.
As you can see the chart show us a nice clean consolidation followed by a break out above the resistance. The volume went from 178.40K to 355.7K during the breakout. I expect to see the price going higher in the futur and you what do you think about it ?
*Note that this is not an indvesting advice and that i am sharing it for information only, you should make your own investigation before investing in this asset.
Have a good night
Greg