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John Hood.
John Hood.

BNN Market Call

3 top picks from J.C. Hood Investment’s John Hood Add to ...

John Hood is president and portfolio manager of J.C. Hood Investment Counsel. His focus is on options and ETFs.

Top picks:

Vanguard S&P 500 Index ETF (CAD hedged)
I have been continually bullish on the U.S. markets with an asset mix of 20- to 25-per-cent U.S. stocks.

Vanguard MSCI Emerging Markets Index ETF
I also like Vanguard’s VEE Emerging Markets because of Vanguard’s lower costs but I only allocate 5 to 10 per cent to sectors/emerging markets.

More Related to this Story

BMO Covered Call Canadian Banks ETF
ZWB offers strong after-tax yields because it adds to the dividend of Canadian banks. Returns, however, are hitched to these banks.

Past picks: Dec. 15, 2012

iShares S&P 500 Index Fund (CAD hedged)
Then: $14.31
Now: $16.16
Total return: +16.06 per cent

iShares S&P/TSX 60 Index Fund
Then: $16.78
Now: $17.94
Total return: +10.55 per cent

BMO S&P/TSX Equal Weight Global Metals (CAD hedged)
Then: $15.29
Now: $13.38
Total return: –10.88 per cent

Total return average: +5.27 per cent

Market outlook:

I have been continually bullish on the U.S. markets with about a 20- to 25-per-cent asset allocation. It’s important to remember that we are buying U.S. businesses through ETFs, not the U.S. economy, and that U.S. business is well capitalized and profitable. The S&P 500 was up 15 per cent last year.

 
  • VSP-T
  • VEE-T
  • ZWB-T
  • XSP-T
  • XIU-T
  • ZMT-T
Live Discussion of VSP on StockTwits
More Discussion on VSP-T
Live Discussion of VEE on StockTwits
More Discussion on VEE-T
Live Discussion of ZWB on StockTwits
More Discussion on ZWB-T
Live Discussion of XSP on StockTwits
More Discussion on XSP-T
Live Discussion of XIU on StockTwits
More Discussion on XIU-T
Live Discussion of ZMT on StockTwits
More Discussion on ZMT-T

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