This is brand-new. Diversified. Ridiculously cheap. Costs 1 basis point more but lower tracking error and a more stable structure than with Horizon’s similar product. Industry leader.
Lower cost ETF. Broad Canadian Market. Thinks TSX will be range bound and we are closer to the upper end of that range. If you are replacing out of a mutual find, then two thumbs up.
(A Top Pick May 1/12. Up 6.29%.) Generally doesn’t encourage people to put more money into Canada, but this was cheaper. Also, feels Vanguard products are the most diversified.
He is not putting money into Canada even though it is cheap. He is more worried about tariff impacts, etc.