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

These ETFs aim to spot value investments

As their name implies, value stocks trade lower than their fundamentals would suggest. Investors perceive them as undervalued with the potential to rise. Even so, it’s best for you to zero in on the shares of quality companies with a consistent history of sales and… 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