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Top ETF picks for 2013. Steve Deschesnes, LL.L, CIM, DMS Portfolio Strategist. The Portfolio strategist. Steve Deschesnes, LL.L, CIM, DMS
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Top ETF picks for 2013 Steve Deschesnes, LL.L, CIM, DMS Portfolio Strategist
The Portfolio strategist Steve Deschesnes, LL.L, CIM, DMS Steve Deschesnes has been with Desjardins Securities since 2000. During this time, he has held a variety of positions, including Investment Advisor, Portfolio Advisor and Financial Analyst, with duties ranging from supervising the Desjardins Securities Canadian Equities model portfolio to writing financial articles for print, radio and television media. Steve holds a Bachelor of Law degree from the University of Ottawa, as well as Canadian Investment Manager (CIM) and Derivatives Market Specialist (DMS) designations awarded by the Canadian Securities Institute.
Description Wikipedia : An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks.
Investment fund Easy diversification low expense ratios tax efficient
Trade like a stock Limit order Short selling options
Since 1990 ETFs have proliferated, tailored to an increasingly specific array of regions, sectors, commodities, bonds, futures, and other asset classes. The sky is the limit !
Examples iSHARES CDN DEX UNIVERSE BOND INDEX FUND (XBB-C) ISHARES CDN S&P/TSX 60 INDEX FUND (XIU-C) CLAYMORE BRIC ETF (CBQ-C) HEALTH CARE SELECT SECTOR FUND (XLV-U) CENTRAL FUND OF CANADA LTD., CL.A, NV (CEF.A-C) BETAPRO 2x, 3x… BMO CANADIAN BANKS COVERED CALLS
Hidden shift Oil and Gold XIU XLF
3 Interesting ideas 2013 BMO covered call Canadian banks (ZWB-C) Technology select sector fund (XLK-U) IShares China index fund (XCH-C)