BMO India Equity Hedged to CAD ETFZID.TOCOMMENTSep 24, 2015Stock price when the opinion was issued
As of Jul 22, 2026. Market Open.
India is one of those areas of the world where people talk of the long term story. They are relatively insulated from trade wars. He is caught on the long term India market. It is expensive. He owns SCIF-N.
Modi is now allowing Apple to do business there. India's had problems with bureaucracy, and if he makes it easier for foreign companies to come in and raise capital, it could be great. It depends on how the trade talks will go in terms of China. China has many geopolitical issues.
Likes emerging markets and this one covers India. Problem is there's social/political/economic upeaval in India as the country aspires to China's level. India is dominated by a few conglomerates, which also worries him. He'd rather buy an emerging markets ETF that will include India anyway, but without the risk.
There is a lot of hopefulness about what Mohdi is going to be able to do in India. He doesn’t know that this has translated as yet into good returns, or how long it is going to take. They have clearly had a problem of being the non-aligned country for a long time. Bureaucracy is a huge problem, and the country has all kinds of problems. On the other hand, as a growth story it could be terrific. This is a tough one to pick.