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Market Call

3 top ETF picks from Burgeonvest's John DeGoey Add to ...

John DeGoey is vice-president and associate portfolio manager for Burgeonvest Bick Securities.

Top Picks:

Claymore Agricultural Commodity ETF

This iShares ETF offers exposure to agricultural commodities from around the world. Population continues to boom and farm land is being absorbed rapidly. That combination of supply and demand has to show up in increased prices at some point.

BMO Low Volatility Canadian Equity ETF

This is designed to offer low volatility. While markets have been reasonably stable for the past 60 days or so, this is a diversified position that is designed to deliver market-like returns for well below market levels of volatility.

iShares S&P/TSX Capped Energy Index Fund

This iShares ETF offers exposure to Canada’s major oil producers. The price of oil has dipped in recent weeks, while demand is likely to grow as global economies regain their footings.

Past Picks: March 23, 2011

iShares Materials ETF

Then: $24.04

Now: $19.38

Total return: -19.38%

BMO Junior Oil ETF

Then: $23.13

Now: $20.92

Total return: -9.45%

Claymore Agricultural Commodity ETF

Then: $22.81

Now: $21.98

Total return: -3.25%

Total Return Average: -10.69%


I have no forecast regarding what the market might do in the future. Owing to my belief in a high degree of market efficiency, I continue to hold that no one can reliably forecast market moves or time the changes in market sentiment. My view is that people who purport to be able to do so are severely overstating their analytical abilities. News will reach the public domain and markets will fluctuate in accordance with that news. Since news is, by definition, unknown until it happens, market moves are unknown in advance.

See the full BNN video here

Compiled by Franklin Cameron, BNN Market Call Tonight


Also see:

3 top stock picks from Sentry's Mason Granger

3 top stock picks from portfolio manager Michael Sprung

3 top stock picks from portfolio manager Jeff Parent

3 top stock picks from Avenue Investment's Paul Harris

3 top stock picks from portfolio manager Norman Levine

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