Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Would MM ever consider purchasing an EFT of BBOZ or BBUS to offset the current negatively in the Stockmarkets. Many times you have stated that it is your belief that we could find a lower bottom, therefore it makes sense to have some insurance against your portfolio. Regards John
Hi John,
Most definitely is the simple answer here but not today as we are looking to buy the current weakness across global equities:
We can see ourselves using one or both of products at some stage in 2023, however our view for now is about buying stocks into this current weakness on the expectation that the market will rally into the back end of the year. We suspect BBUS or BBOZ will be more a 2023 story for MM.
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