iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO)

XIC-T is not tracking the index, TSX –T or TSX-60. The problem is the system. It does not look at dividends correctly. He finds that it tracks the TSX correctly. The TSX is identical to the XIC-T but tools online do not necessarily track the over all returns accurately.

Broader exposure to Canada.

(A Top Pick June 30/17 - Down 0.5%) Sold half holdings last week. Good index and good ETF. It is an exit from here.

(A Top Pick March 3/17 - Up 0.03%.) Not very exciting. The markets haven’t been too excited. Not unhappy with it. A way for an individual to have a safe and diversified way to access the market. An easy way to get diversification. He still likes financials particularly the banks.

(A Top Pick June 30/17. Up 8%.) That’s a core holdings in all of his portfolio. It’s a little bit more diversified than the XIU-T. He likes both because they both have a liquid options market. From time to time he will buy a Put or sometime he will sell a Call which is quite rare, so he likes the fact that its liquid. These indexes don’t get away from the typical 65-70% of banks, energy, base metals and gold. He would recommend ZIN-T from BMO because it’s industrials rather than being financials and it’s a good complement to the big ones.

In the past, he’s tended to focus more on the BMO Low Volatility Cdn Eqty (ZLB-T) on the Canadian side, but it lacks exposure to commodities. If you want exposure to the commodity side, this is one way to do it.