5 Brexit strategies Canadian investors should know Jun 23rd

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This article was originally published on Canadian Business
Ahead of Britain’s historic vote over whether to leave the European Union on Thursday, June 23, there has been plenty of speculation about the potential fallout for the global economy, and Canadian investors are no exception. While the five financial experts we spoke with all agreed that on the eve of the referendum, the chances of a “Brexit” seem fairly narrow, they each had their own takes on what a “leave” vote could mean for Canadians, and what investors should keep in mind going into Thursday. Here are some investing tactics to consider as the vote looms:
What Brexit could mean for your portfolio »

Purchase protective puts
“One thing that investors could do in the lead up to the vote is to purchase protective puts [a risk-management strategy that limits downside risk]. In a situation like this, where investors may be concerned about the potential fallout, protective puts are something that we encourage investors to think of as a sort of insurance…

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