Our guest on the Morning Mail today is Evans and Partners’ Investment Adviser Nick Gordon.
A new Exchange Traded Fund (ETF) has listed recently on the Australian Stock Exchange that tracks the US Dollar versus the Australian Dollar (ticker USD.AXW). Nick discusses the mechanics of this ETF and how he has been positioning it within clients’ portfolios.
Separately, Nick discusses a shorter term opportunity he has been considering for his active clients associated with Resmed Inc. There appears to be a disparity between the company earnings and the recent share price performance which we cover in more detail including recent changes at the management level for the company.
