E-commerce will offer gains even after COVID

Article Excerpt

The year 2020 was a strong one for e-commerce as the pandemic forced consumers and businesses to increase their use of online transactions. However, this was an acceleration of a trend that has been developing for the past decade—and while growth may slow down as shoppers return to the malls, e-commerce will very likely continue to grow steadily. In the Supplement, we consider the drivers of online retail. Here are three ETFs that invest in companies with a strong online presence. BMO GLOBAL CONSUMER DISCRETIONARY HEDGED TO CAD INDEX ETF $35.95 (Toronto symbol DISC; TSINetwork ETF Rating: Aggressive; Market cap: $91.4 million) provides exposure to companies that use a strong online presence to deliver products and services to consumers. The foreign currency exposure is hedged to the Canadian dollar. The fund tracks the FTSE Developed ex Korea Consumer Discretionary Index. The index is comprised of large and mid-cap companies classified as consumer discretionary. Most of the assets are allocated to U.S. companies (66.1%),…