BMO EQL WGT US BANK HDGD TO CAD IDX ETF (ZUB.TO)

Likes the US financials right now because this particular ETF tends to hold some of the larger big bank financials in the US. Feels they have a lot of potential going forward for them.

Has had 5% of his portfolios in this since last summer. He likes equally weighted indexes. Still thinks it is doing reasonably well.

Likes the US banking space a lot. The only downside to this is that it is hedged to the Cdn$ and the US$ has moved up. You could also look at SPDR Financial ETF (XLF-N) which is US based and is not equal weighted. The advantage is that it is not hedged to the Cdn$.

US banks were cheap coming out of 2008-2009 but are now fairly priced.

He likes the US banks. In most cases they are somewhat cheaper than our banks. As the environment gets better in the US, it will help their banks.

Hedged so currency is not an issue. He generally does not worry about hedging. He has a 10-20 year time horizon. A hedge adds to your cost.

A pull back is a possiblity, but if you are looking 12 months out, you will be ok. Financials in the US are the #2 performing sector this year. With ZUB you are getting an equal weighted basket of banks. Another way to play it is XIF which is a "spide in the US" which is more market weighted.

He likes and owns both. Thinks they are undervalued to where they were 5 years ago.

Equal weight banks. Likes sector but has been holding off, concerned about litigation. A good sector with the recovering housing sector.

She just owns City Group. Hedged with Canadian dollars. She doesn’t factor currency into her decision making to any great extent.

Likes this very much. US banks should do extremely well. Have had a really good showing so wait for a better entry point. Retesting support at its 50 day moving average at about $15.49. The 20 day moving average is about $14 and change. Those of the numbers he would use.

HBP S&P 500 Bull (HSU-T) or BMO Equal Weight US Banks Hedged To CDN$ (ZUB-T)? These are 2 completely different things. A lot of people are negative on Bull+ and Bear+ ETFs but he thinks there is a place for these things but he doesn’t think it is here. Thinks it is going to be slow going for the banks right now so you don’t want to buy the Bull+ right now. He much prefers the US banks over Canadian banks.

Equal weight US banks. Feels US banks are more stable than they have been. Even though they had a good year last year, he doesn’t think there is anything bad on the horizon. As a reasonable portion of your portfolio, 5%-10%, you should be fine.

Equally weighted US banks. We are right at the highs. This is not a great time to put new money in unless for a couple of weeks trading. KBE-N is also an equally weighted bank ETF, but regional banks.

Equal weight US banks in Cdn$ and is also hedged. You are likely going to see more upside from US banks than Canadian banks due to the recovery in the housing market.

(A top pick Sept 5/12. Up 12.65%.) Tracks the US banks.