Build a Conservative Retirement Portfolio to Ensure a Safer Future

Build a Conservative Retirement Portfolio to Ensure a Safer Future

Invest in high-quality stocks and diversify to develop a conservative retirement portfolio to rely on during your golden years
There are good reasons to stay out of the stock market, but approaching retirement isn’t one of them, especially if you have built a conservative retirement portfolio… Read More

Q: May I ask your opinion on ZWB (BMO Covered Call Canadian Banks) and HYGH (iShares Interest Rate Hedged High Yield Bond ETF)? In addition, does “covered call” offer any appreciable advantage over straight bank stocks or bank ETFs? And does the hedging of HYGH add risk or unpredictability versus the “straight” HYG? Thank you.

A: The BMO Covered Call Canadian Banks ETF, $18.62, symbol ZWB on Toronto (Units outstanding: 68.1 million; Market cap: $1.3 billion; www.bmo.com/gam), holds shares of Canada’s six largest banks (CIBC, TD Bank, Bank of Montreal, Bank of Nova Scotia, Royal Bank and National Bank) either… Read More