companies within the communication services sector, as classified under the GICS. An index made up of stocks of large, mid-size and small U.S. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Communication Services 25/50. It seeks to track the performance of the MSCI US Investable Market Index (IMI)/Communication Services 25/50. Vanguard Communication Services ETF (VOX NYSEARCA) Also it writes covered call options on up to 33 per cent of the portfolio securities in order to mitigate downside risk and create yield to the portfolio. The level of covered call option writing may vary based on market volatility and other factors. This provides exposure to the largest global healthcare companies classified under the FactSet Sector Health Technology on an equally weighted basis.
It seeks to replicate the performance of the Solactive Global Healthcare 20 Index. This combined with the lack of performance and the low level of investor exposure combine to make this sector potentially attractive.Įvolve Global Healthcare Enhanced Yield ETF (LIFE.B TSX) The proponents of "marijuana prohibition" continue to modernize their views due to public support for recreational pot legalization being strong and widespread. The North American Marijuana Index is designed to provide exposure to the performance of a basket of North American publicly equal-weighted with significant business activities in the marijuana industry. It seeks to replicate, to the extent possible, the performance of the North American Marijuana Index, net of expenses. Horizons Marijuana Life Sciences ETF (HMMJ TSX) Mike Philbrick, CEO of ReSolve Asset Management, discusses his top picks: Horizons Marijuana Life Sciences ETF, Evolve Global Healthcare Enhanced Yield ETF, and Vanguard Communication Services ETF. Listen to the Market Call podcast on iHeart, or wherever you get your podcasts.Sign up for the Market Call Top Picks newsletter at bnnbloomberg.ca/subscribe.
Diversification aims to balance investments so that when some “zig” and underperform, others “zag” and offset potential losses, leading to more consistent returns and reduced portfolio volatility – in other words, a smoother ride. It’s important for investors to remember that enhancing portfolio diversification reduces portfolio risk. This characteristic was especially evident in 2022 when stocks and bonds moved in tandem due to inflationary pressures and many managed futures strategies contributed to improved portfolio diversification. In doing so, managed futures historically have exhibited a low correlation with traditional assets. Coupled with their trend-following nature, they may capture sustained market movements, regardless of their direction. This unique “long and short” flexibility enables them to potentially profit from both upswings and downswings in various markets. For example, managed futures strategies, with their ability to invest long or short across diverse futures contracts in commodities, currencies, bonds, interest rates and equity indices have the potential to capitalize on rising prices or falling asset prices. In these turbulent waters, certain alternative strategies can emerge as a beacon of hope for investors. Such moves could influence portfolio diversification and returns, and after accounting for inflation, real returns for investors can vary substantially. Inflationary pressures can prompt central banks to modify interest rates, impacting both bond and equity markets. However, as evident in 2022, these correlations might adjust. In periods when equities faced challenges, bonds sometimes provided diversification, and vice versa. Traditionally, these assets of conventional portfolios have shown a low to negative correlation. While this erosion is palpable for consumers, the implications for investors can be multifaceted.Ī notable aspect during inflationary periods is the changing correlation between stocks and bonds. As the general price level rises, the real purchasing power of money diminishes.
Inflation, often termed “the silent thief,” poses a subtle but profound threat to traditional stock-bond portfolios. Mike Philbrick, chief executive officer, ReSolve Asset Management
0 kommentar(er)
