Not exact matches
However, Canadians already have significant holdings in local markets through index funds, ETFs, mutual funds or direct stock holdings and need
to calibrate their allocation
to Canadian
equities to account for the
additional exposure through VEU, which at present is 5.5 %.
Therefore,
to achieve the goal of removing energy sector
exposure while remaining fully invested, one option is
to buy an
additional $ 7.9 million in S&P 500 and sell $ 7.9 million in Energy Sector
exposure — a spread trade that can be done all with
equity index futures!
Since traditional measures of valuation are broadly overvalued, analysts who are recommending
additional equity exposure tend
to use P / E ratios based on future estimates for operating earnings.
The
additional exposure to real estate through the NWM Real Estate Fund offset losses from the
equity markets which were evident in the NWM US Tactical Income Fund.
Unfortunately, the BMO International
Equity ETF has
additional exposure to our stock market making it less attractive
to Canadian investors.
For
equity exposure - I have made
additional lumpsum allocation
to HDFC Balance (40 %) and HDFC mid (40 %), franklin smaller (20 %)
Given the
exposure which REITs offer foreign investors
to U.S. markets, the change is expected
to draw
additional global investments, especially from pension funds, sovereign wealth funds, and other institutional and
equity investors.