Tyler MordyHarvest Equal Weight Global Utilities Income ETF HUTL.TOCOMMENTNov 03, 2020
A decent ETF. HUTL is globally diversified, fine, but his one concern is that utilities. He predicts global growth to be higher in 2021 than the consensus. Look also at Wisdom Tree ... Look at Asia. EUFN-Q offers a good dividend yield.
(A Top Pick May 17/22, Down 2.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with HMUTL has triggered its stop $17.75. To remain disciplined, we recommend covering the position at this time. When combined with the previous buy recommendation, this will result in net investment loss of 6%.
Stockchase Research Editor: Michael O'Reilly With overriding concerns growing about the state of markets, we again reiterate this defensive global utility ETF priced in Canadian dollars as a TOP PICK. Utilities are better able to manage inflationary pressures and rising interest rates than most companies as these costs are able to be passed directly along to the consumer. We like the global diversification and its yield. We recommend sliding the stop loss down to $17.75 to account for current market volatility. Yield 7.4%
Stockchase Research Editor: Michael O’Reilly We again reiterate HUTL as a TOP PICK for those looking for global diversification, invested in utilities, with an enhanced yield. We like that about one-third of the portfolio is in US equities, Canada is just over 10%, with Europe representing the rest. It uses a covered-call writing strategy to boost the dividend yield from a portfolio average of 4.0% up over 7.0%. The MER is only 0.5%. In a market that is priced efficiently, this is a good diversification strategy. We would recommend trailing up the stop (from $17.00) to $18.50. Yield 7.08%
Stockchase Research Editor: Michael O'Reilly We reiterated HUTL as a TOP PICK for those looking for global diversification, invested in utilities, with an enhanced yield. We like that about one-third of the portfolio is in US equities, Canada is just over 10%, with Europe representing the rest. It uses a covered-call writing strategy to boost the dividend yield from a portfolio average of 4.0% up over 7.49%. The MER is only 0.5%. In a market that is priced efficiently, this is a good diversification strategy. We would recommend placing a stop loss at $17.00. Yield 7.73%
Global utilities are a good source of dividends and yields. When you own global utilities, it is treated as income. ZWU, the Canadian version, should go in the taxable account and HUTL in a registered account.
Stockchase Research Editor: Michael O'Reilly Those looking for global diversification, invested in utilities, with an enhanced yield will like HUTL. We like that about one-third of the portfolio is in US equities, Canada is just over 10%, with Europe representing the rest. It uses a covered-call writing strategy to boost the dividend yield from a portfolio average of 4.0% up over 7.5%. The MER is only 0.5%. In a market that is priced efficiently, this is a good diversification strategy. Yield 7.73%
(A Top Pick Nov 20/19, Down 15%) He still likes it. It's for income investors. He has an underweight in all the underlying securities in this ETF. He's waiting to see what volatility will be like before buying them. HUTL holds 30% precious metals, which is driving its growth. This ETF has been down because utilities have declined due to volatility.
Likes it--it derives income outside Canada, though a few of the companies held here are Canadian like Enbridge. It's a well-managed ETF. The covered call increases the dividend
A decent ETF. HUTL is globally diversified, fine, but his one concern is that utilities. He predicts global growth to be higher in 2021 than the consensus. Look also at Wisdom Tree ... Look at Asia. EUFN-Q offers a good dividend yield.