ZUE provides a single ETF to invest in the US market. My current target allocation is 20% for this ETF across my portfolio (TSFA, HSAC, RSP)
Portfolio Strategy
The BMO S&P 500 Hedged to CAD Index ETF has been designed to replicate, to the extent possible, the performance of the S&P 500 Hedged to Canadian Dollars Index (Index), net of expenses. The ETF invests in and holds the Constituent Securities of the Index in the same proportion as they are reflected in the Index. The U.S. dollar currency exposure is hedged back to the Canadian dollar.
The S&P 500 Hedged to Canadian Dollars Index (Index) is a world renowned float-adjusted market capitalization weighted Index that tracks the securities of the largest and most liquid public companies in the United States. Constituent securities must pass minimum float-adjusted and liquidity screens to qualify and maintain membership in the Index. Index weights are reviewed quarterly. The U.S. dollar currency exposure is hedged back to the Canadian dollar.
No comments:
Post a Comment