Q: Hi Peter et al,
You folks are very knowledgeable about Long Short Options and other hedging techniques. With that in mind, may I ask for your opinion about Simplify ETFs for income. I was impressed by Michael Greene's interview on Danny Moses' podcast.
(On the tape with Danny Moses).
Looked at his website and he seems to offer a lot of income generating ETFs based on solid instruments. (Bonds, Treasuries and Solid stocks). HIGH, BUCK, CRDT, AGGH etc.,
The MER seems reasonable. But only available in USD.
Worth dipping in? Which one would you as their best offering?
If you think there are better alternatives here in Canada or even in the US, please feel free to share your suggestions.
Many thanks.
You folks are very knowledgeable about Long Short Options and other hedging techniques. With that in mind, may I ask for your opinion about Simplify ETFs for income. I was impressed by Michael Greene's interview on Danny Moses' podcast.
(On the tape with Danny Moses).
Looked at his website and he seems to offer a lot of income generating ETFs based on solid instruments. (Bonds, Treasuries and Solid stocks). HIGH, BUCK, CRDT, AGGH etc.,
The MER seems reasonable. But only available in USD.
Worth dipping in? Which one would you as their best offering?
If you think there are better alternatives here in Canada or even in the US, please feel free to share your suggestions.
Many thanks.
5i Research Answer:
We would be comfortable with these, and they compare well with peers. Fees do vary, so we would be cautious overall. We would see CRDT and HIGH as the best options here, as they provide high yields with relatively secure security positions. Both are also up on the year while most securities are down. We would be fine with either. There are lots of Canadian options, though many use leverage and some are not directly comparable. HBND may of interest, with a focus on US treasuries and a yield of 11.24%, while also being up on the year (2.91%).