Bullish on infrastructure
This fund tracks Global infrastructure. 62% USA, 13% CANADA, 10% ASIA, 5% EUROPE, 10% ETC.
As Biden has launched his infrastructure bill it is expected that Infrastructure will perform well in the next 4 years. Infrastructure performed well before corona so there is no doubt that after Covid is finished Infrastructure will "pop-off".
From a technical analysis point of view, the ETF is in a bull run. I would classify the stock as a hold right now. However, once SMIO starts dipping I would sell.
I am very excited about the future of infrastructure and this ETF. If you want a well-diversified portfolio this ETF is a must.
As Biden has launched his infrastructure bill it is expected that Infrastructure will perform well in the next 4 years. Infrastructure performed well before corona so there is no doubt that after Covid is finished Infrastructure will "pop-off".
From a technical analysis point of view, the ETF is in a bull run. I would classify the stock as a hold right now. However, once SMIO starts dipping I would sell.
I am very excited about the future of infrastructure and this ETF. If you want a well-diversified portfolio this ETF is a must.
Penafian
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