Five ETFs for five sectors (continued…)

Article Excerpt

This section is the second part of our discussion on ETFs that represent each of the five main economic sectors. Here we cover ETFs in the Consumer, Manufacturing and Finance sectors. Please see the supplement section starting on page 49 for more information on our five-sectors approach. BMO GLOBAL CONSUMER STAPLES HEDGED TO CAD INDEX ETF $22.97 (Toronto symbol STPL; TSINetwork ETF Rating: Conservative; Market cap: $36.6 million) tracks the FTSE Developed Consumer Staples Capped Index and invests globally. Individual stock weights are capped at 10% of the portfolio assets. The ETF’s main country exposures are to the U.S. (18%), the U.K. (12%), Japan (8%), France (2.5%), and the Netherlands (2%). The main industry exposures of the fund are Food and Staples (32%), Beverages (26%), Personal Products (18%), Agricultural Machinery (11%), and Pharmaceuticals (6%). The fund currently offers a portfolio of 149 stocks, with the top 10 making up a high 50% of the portfolio; these holdings include Procter & Gamble. (U.S., personal products; 10.7%), Nestle…