Skip to main content

The Globe and Mail

Three top ETF picks from BBSL’s John DeGoey

John DeGoey is vice-president and associate portfolio manager at BBSL. His focus is on personal finance and ETFs.

Top Picks:

BMO Global Infrastructure Index ETF (ZGI TSX)

Story continues below advertisement

Global Infrastructure is a relatively safe way to participate in equity markets, since everyone everywhere seems to renew their bridges, roads and sewers

iShares S&P/TSX Capped Materials Index Fund (XMA TSX)

Materials have been severely beaten up lately, so this might be a chance to 'buy on the dip'. About half of this product is gold and silver

iShares S&P/TSX Capped REIT Index Fund (XRE TSX)

Canadian Real Estate has been dropping a fair bit lately. Depending on your view about future rate movements, this might be a temporary buying opportunity

Past Picks: July 12, 2012

Vanguard FTSE Emerging Markets Index ETF (VEE TSX)

Story continues below advertisement

Then: $23.65; Now: $24.05; Total return: +4.34%

Vanguard FTSE Developed ex North America Index ETF (CAD-hedged) (VEF TSX)

Then: $24.89; Now: $30.50; Total return: +27.43%

Vanguard U.S. Total Market Index ETF (CAD-hedged) (VUS TSX)

Then: $26.45; Now: $33.04; Total return: +26.74%

Total return average: +19.50%

Story continues below advertisement

Market outlook:

I have no forecast regarding what the market might do in the future. Owing to my belief in market equilibrium, I continue to hold that no one can reliably 'outperform' by picking stocks, forecasting market moves or timing changes in market sentiment. People who purport to be able to do so reliably are severely overstating their abilities.

Report an error

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨

Combined Shape Created with Sketch.

Combined Shape Created with Sketch.

Thank you!

You are now subscribed to the newsletter at

You can unsubscribe from this newsletter or Globe promotions at any time by clicking the link at the bottom of the newsletter, or by emailing us at