Q: Hi, looking at the financial sector. I have TD and IFC and looking to add another. The options I am looking at is another Canadian bank that benefits from US exposure (RY), a US bank (JPM) or ETF of banks (ZBK), or diversifying away from North America to a major UK (LYG) or European (ING) bank. My objective is downside safety paired with dividend income and some growth. I realize global stocks aren't your focus, but would appreciate any thoughts you might have on relative merits of these stocks.

Q: I'm looking for an ETF that trades in Cdn $, that would have similar holdings as FMAX, but without a covered call overlay.

Q: I own these two ETF’s with a reasonable profit on each. Would you continue to hold them? Or would you be inclined to sell them either now or perhaps around mid year? Could you provide some rationale for your recommendations. Thanks.