-
Bank of Nova Scotia (The) (BNS $93.54)
-
Alimentation Couche-Tard Inc. (ATD $70.40)
-
Shopify Inc. Class A Subordinate Voting Shares (SHOP $222.71)
Q: While I could buy a number of international or emerging market ETFs, are there any large cap Canadian stocks that would provide some degree of exposure?
5i Research Answer:
SHOP, ATD, and BNS are some names with more of a global exposure but we are not sure we would own them for the purpose of international diversification. Often times, just because a company has international revenues does not mean that the shares move in a proportionate manner to that other geogrpahies markets or economy.