Adrian, I really appreciate how you are able to secure interviews with the very people who run and/or manage the ETFs we invest in. It’s always great to get information right from the ‘horse’s mouth’ so to speak. Thank you so much!
With the advent of the one stop blended portfolios offered by Vanguard, Blackrock etc, I would be curious if any of the managers you talk to ever considered a truly diversified one stop etf including equities, covered calls, various fixed income, gold, and even private equity
around 50 minutes, Raj makes a VERY interesting point about the business of closed-end funds. I would suggest Adrian that you get to the bottom of what he was really saying about these types of investments. Sounds scary to me. God knows you do owns much Closed end funds and I do too. What Raj Lala knows about them is far greater than any of us little investors really know... Thanks ! Also, I was kind of surprised to be honest as this interview was really very informative. Never heard of evolve before but yes, seems legit indeed.
Great interview! Main issue with evolve is liquidity. The bid-ask prices differential is greater than the competition which is not good. Hopefully as they get bigger this problem is mitigated
I gathered from what Raj says….his ETF’s MER are lower because his company charges less so investors can earn more. I assume then that his fund managers are taking home less remuneration than their peers at other companies. How then is he able to attract top talents? Adrian, if you have a chance can you ask him this? I am not trying to be cynical or anything like that. It’s just a thought I have as I am aware that fund managers typically earn millions and in this world of big money, talents get poached often with bigger and bigger form of remuneration.
his response: A couple of thoughts here - yes our fees may be lower but its about getting our funds to scale. We have less overhead costs versus some of the other ETF firms. Many members of our team also have equity in our company.
@@PassiveIncomeInvesting thanks for reaching out to Raj with my question. It’s very reassuring to know that many of his team members have ‘skin in the game’? Thanks again Adrian!
Great video and also some unique etfs. Did any of the etfs interests you. I was looking at Base and Call. Call has a lower MER than ZWK but distribution also has a little bit of a difference.
thanks for the interview very interesting gold is not a inflation hedge it is a hedge against the dollar the US dollar is very strong now thus gold is weak if the dollar weakens gold will come back
I don't have real life experience with these dividend payers during a bear market but I have lots of experience with individual dividend paying stocks and the standard stock market rule is DON'T SELL. It's not a real loss until you sell. Remember why you bought them. Income right? Good vibes to you
it will stop when you stop looking at it. its a fantasy unless you sell. the stock market does not just keep going up in a straight line think long term, not short term or short minded
yeah, I wouldn't sell now... don't invest any more money into it, if you want to... but do not sell... selling will realize your losses... holding on forever is loss on paper... if it helps I am down many tens of thousands.... and will hold forever...
What nobody explains is the following.. What happens when the call option is exercised? Sell at below market strike price and immediately replace the now "missing" stocks at now-higher spot market prices? Because fund's mandate is to have those same stocks as before the exercise. NAV goes down, right? Negative return on that particular stocks, not just giving up upside, right? Nobody ever talks about these capital losses for covered calls funds.
@@PassiveIncomeInvesting I also wondered this. If the price of the stock drops substantially from your original purchase price, the "out of the money" from your purchase price would be so far out of the money you wouldn't get any premium from them.
@@PassiveIncomeInvesting I am talking about a scenario when the written calls become in-the-money, obviously. What's then? Capital loss, right? Not just giving up upside. NAV erosion, right?
Gold and fixed income is doing poorly due to managers being over leveraged and the need for liquidity. Gold and fixed income are easier easier to liquidate into cash. Hence why Bitcoin, gold and fixed income is suppressed in this environment. That Raj didn't say this is confusing or he actually withheld that information.
I just sold out ZWC and bought BANK, and a little BASE, and have increased my monthly income by over $23 per month. Thank You for posting this video.
Fantastic!
Adrian, I really appreciate how you are able to secure interviews with the very people who run and/or manage the ETFs we invest in. It’s always great to get information right from the ‘horse’s mouth’ so to speak. Thank you so much!
My pleasure!, more to come!
With the advent of the one stop blended portfolios offered by Vanguard, Blackrock etc, I would be curious if any of the managers you talk to ever considered a truly diversified one stop etf including equities, covered calls, various fixed income, gold, and even private equity
I’d been watching Bank and Base for some time. After this great video I bought some of both. Great company philosophy. I’m in!
Great to hear!
Hi Adrian, is there a video for the Evolve Global Healthcare ETF? thanks
around 50 minutes, Raj makes a VERY interesting point about the business of closed-end funds. I would suggest Adrian that you get to the bottom of what he was really saying about these types of investments. Sounds scary to me. God knows you do owns much Closed end funds and I do too. What Raj Lala knows about them is far greater than any of us little investors really know... Thanks ! Also, I was kind of surprised to be honest as this interview was really very informative. Never heard of evolve before but yes, seems legit indeed.
they have higher fees than ETFs
Is it possible that the yields quoted are different now? On WS I looked up the yields and they differ from what you have said or shown.
Never trust the rates on WS. I go with the numbers on the ETFs websites
dont look at Yields on WS
Great interview! Main issue with evolve is liquidity. The bid-ask prices differential is greater than the competition which is not good. Hopefully as they get bigger this problem is mitigated
Would like to compliment Evolve ETFs website, just Incredible and very user friendly.
agreed!
thank you Raj & Adrian! I would love to invest into a covered call fund that holds 50 % global water index & 50 % global agriculture index!
interesting idea...
I gathered from what Raj says….his ETF’s MER are lower because his company charges less so investors can earn more. I assume then that his fund managers are taking home less remuneration than their peers at other companies. How then is he able to attract top talents? Adrian, if you have a chance can you ask him this? I am not trying to be cynical or anything like that. It’s just a thought I have as I am aware that fund managers typically earn millions and in this world of big money, talents get poached often with bigger and bigger form of remuneration.
sure!
his response: A couple of thoughts here - yes our fees may be lower but its about getting our funds to scale. We have less overhead costs versus some of the other ETF firms. Many members of our team also have equity in our company.
@@PassiveIncomeInvesting thanks for reaching out to Raj with my question. It’s very reassuring to know that many of his team members have ‘skin in the game’? Thanks again Adrian!
Hi Adrian please do an interview on ESPX with Evolve please, thank you ❤
do not think one is required, its a very simple fund and strategy :)
Great video and also some unique etfs. Did any of the etfs interests you. I was looking at Base and Call. Call has a lower MER than ZWK but distribution also has a little bit of a difference.
def. some unique ones. i prefer stuff with leverage however, but quite a few are attractive
thanks for the interview very interesting gold is not a inflation hedge it is a hedge against the dollar the US dollar is very strong now thus gold is weak if the dollar weakens gold will come back
thanks for your input!
Yes, thanks for the reminder. It’s easy to forget that as we often think of gold as a safe haven.
Another excellent video, great guest tonight
Agreed, great coverage of TSX listed funds from Evolve!
Thanks for watching!
Great interview
Great interview Adrian.
Thanks Frank
It took me awhile but I now have BANK and CALL.
Hopefully Evolve creates an all in one etf comprised of all their covered call single ETFs 🤞
yup!
Great stuff ! I'm a retail investor and think every middle class person should learn about your investment profile.
High Adrian, great, great video again! Nice company with good ideas.😀
Merci Adrian, nice work as usual. Thank you Raj, very nice website and bilingual too, nice touch. Interesting interview, well done.
Thanks 🙏
Thank you Gentlemen. l Love to learn
Is this sponsored? Should disclose this..
No
Perfect. Thanks Adrian love your videos.
Awesome, thank you!
My wife is ready to pull the pin on all our dividend payers Adriano.
we are down 220,000 in the last year.
when will the bleeding stop?
I don't have real life experience with these dividend payers during a bear market but I have lots of experience with individual dividend paying stocks and the standard stock market rule is DON'T SELL. It's not a real loss until you sell. Remember why you bought them. Income right? Good vibes to you
it will stop when you stop looking at it. its a fantasy unless you sell. the stock market does not just keep going up in a straight line think long term, not short term or short minded
yeah, I wouldn't sell now... don't invest any more money into it, if you want to... but do not sell... selling will realize your losses... holding on forever is loss on paper... if it helps I am down many tens of thousands.... and will hold forever...
An excellent interview / thank you Adrian 😎
What nobody explains is the following.. What happens when the call option is exercised? Sell at below market strike price and immediately replace the now "missing" stocks at now-higher spot market prices? Because fund's mandate is to have those same stocks as before the exercise. NAV goes down, right? Negative return on that particular stocks, not just giving up upside, right? Nobody ever talks about these capital losses for covered calls funds.
I don't know about this specific fund but some of them are able to settle for cash and keep the shares.
The calls are out of the money , so there’s is never a loss . It’s impossible . Just reduced upside
@@PassiveIncomeInvesting I also wondered this. If the price of the stock drops substantially from your original purchase price, the "out of the money" from your purchase price would be so far out of the money you wouldn't get any premium from them.
@@PassiveIncomeInvesting I am talking about a scenario when the written calls become in-the-money, obviously. What's then? Capital loss, right? Not just giving up upside. NAV erosion, right?
@@crazywaffleking the net effect is the same, capital loss, no?
these guys seem like they really have their finger on the pulse of what's going on I'm curious why you have not invested anything with them
Gold and fixed income is doing poorly due to managers being over leveraged and the need for liquidity. Gold and fixed income are easier easier to liquidate into cash. Hence why Bitcoin, gold and fixed income is suppressed in this environment. That Raj didn't say this is confusing or he actually withheld that information.
This Raj guy🤔
What's the problem with Raj?