Currency hedging comes at a cost with ETFs

Currency hedging comes at a cost with ETFs

Any currency volatility can send investors hunting for hedged ETFs. But the extra costs limit the appeal of currency hedging.
If you want to buy U.S. stocks and hedge against the U.S. dollar’s movements against the Canadian dollar, you could buy a hedged ETF like the… Read More

What are graphene stocks?

What are graphene stocks?

Graphene stocks could boom with many commercial, military, electric vehicle, and aerospace growth opportunities
Graphite is one of two naturally occurring crystalline forms of carbon (the other is diamond). Graphene stocks include companies that own graphite mines ( including Northern Graphite below, which we looked at… Read More

Spinoffs & Takeovers Hotline – Friday, March 1, 2024

MIDDLEBY CORP., $154.15, symbol MIDD on Nasdaq, designs, manufactures, markets, distributes and services a broad line of (i) foodservice equipment for all types of commercial restaurants and institutional kitchens, (ii) food preparation, cooking, baking, chilling and packaging equipment for food-processing operations, and (iii) premium kitchen… Read More

Q: Hi Pat; I am seeking your opinion/advice on an ETF that I am thinking about investing in, for exposure to the so called Magnificent Seven Companies. I usually do not do ETFs only individual stocks, mostly on your input. This may be my exception. What are your thoughts on the Roundhill Magnificent Seven ETF, symbol MAGS on Nasdaq? Thanks.

A: The Roundhill Magnificent Seven ETF, $37.90, symbol MAGS on Nasdaq Units outstanding: 3.9 million; Market cap: $147.8 million; www.roundhillinvestments.com), offers equal weight exposure to the so-called “Magnificent Seven” stocks—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla.

The fund’s MER is 0.29%.

Prior to November 9, 2023,… Read More