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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: AMF who wrote (5667)	8/31/1999 7:01:00 PM
From: Jean M. Gauthier	Read Replies (2) of 54805

Hi fellow Canadian... Option 1: Buy LEAPS for the 20% foreign content, that maximizes the foreign content about 3 for 1. Cost of LEAP is about 1/3 that of the common. Option 2: Same as #1 but buy a shitty Labor sponsored fund, and that can increase your foreign content to 40%, and buy the LEAPS then. Option 3: Option 1 + 2 + this one = Do 1 and 2 and then buy CIBC US RSP Index for the other 60%-80% that has to stay canadian owned. The advantage of the US RSP Index is that 1- it is the only one with a currency component, as the shitty canadian dollar goes down, this fund goes up 2- It is a S&P 500 index fund with .9% MER, better than most canadian funds. That will give you a 100% Foreign content RSP, without penalties. If you live in Ottawa, I want a coffee for my advice (admittedly amateur <smile>).. Take care Jean

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