Here’s a global ETF with a U.S. focus we like

Article Excerpt

BMO MSCI ALL COUNTRY HIGH QUALITY ETF $53.98 (Toronto symbol ZGQ; TSINetwork ETF Rating: Aggressive; Market cap: $362.5 million) tracks the MSCI ACWI Quality Index. That index includes firms from both developed and emerging markets with high returns on equity, stable earnings growth, and low debt. The U.S. has the largest weighting in the portfolio (75%), followed by Taiwan (3%), the Netherlands (3%), Denmark (3%), Australia (2%), and Japan (2%). The main allocations are to Technology (35%), Health Care (19%), Industrials (11%), and Communication (9%). The ETF currently holds 515 stocks, with 34% of assets allocated to the top 10 holdings. Those top holdings include Nvidia (U.S.; 5.6%), Alphabet (U.S.; 5.2%), Visa (U.S.; 2.7%), Taiwan Semiconductor (Taiwan; 2.6%), and Broadcom (U.S.; 2.0%). The ETF started up in November 2014, and its MER is 0.50%. The fund has a mid-size asset base and provides limited secondary market liquidity. The p/e of the ETF is 19.3 times. The fund pays a quarterly dividend, which amounted to $0.73 for…