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Please advise your opinion on EAAI.NE, EARK.NE and EAGB.NE? Is it better to buy ARK ETFs from US stock exchange or from NEO?

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Asked on January 25, 2021 9:49 pm
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Thanks Mat, appreciate your quick response.

Also, just wondering if you have any opinion on EAAI.NE, EARK.NE and EAGB.NE ETFs? I know it's not Canadian Stocks, just wondering if it's good time to look at these other sectors?

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Posted by Arpan Gandhi
Answered on January 26, 2021 10:46 am
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Thanks Mat, appreciate your quick response.

Also, just wondering if you have any opinion on EAAI.NE, EARK.NE and EAGB.NE ETFs? I know it's not Canadian Stocks, just wondering if it's good time to look at these other sectors?

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Posted by Arpan Gandhi
Answered on January 26, 2021 10:46 am
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Hi there,

There is really no difference where you buy them. If you buy them on the NEO exchange, you get to buy them in CAD and if you buy them on the US exchange, you are buying in USD. Since there is no yield associated with them, it really doesn't matter where you buy. Of note, there is the issue of currency conversion and the strength of the CAD vs USD as factors.

Mat

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Posted by Mathieu Litalien
Answered on January 26, 2021 5:10 am
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Hi there,

There is really no difference where you buy them. If you buy them on the NEO exchange, you get to buy them in CAD and if you buy them on the US exchange, you are buying in USD. Since there is no yield associated with them, it really doesn't matter where you buy. Of note, there is the issue of currency conversion and the strength of the CAD vs USD as factors.

Mat

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Posted by Mathieu Litalien
Answered on January 26, 2021 5:10 am