Income trust ETF. A lot of income trusts have already converted to corporations and the rest must do so by 2011. This will result in your distribution going down that would be taxed as a dividend as opposed to income. You should get a higher yield return on this kind of a product even after 2011 when you compare it to preferred shares. On the flip side, you have a basket of smaller companies. Don't expect a lot of growth.
Most dividend oriented ETF’s for Canada are basically anchored by the banks. Doesn’t see interest rates in Canada rising, so if you are in desperate need for yield, this is not a bad place to go. Be careful of fluctuations that will occur.
Balanced funds are hugely popular in Canada. 70% bond exposure. It would be better to get an ETF like it, but with a different allocation, or build it yourself with other ETFs.
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