
TSE:XIU
This summary was created by AI, based on 3 opinions in the last 12 months.
The iShares S&P/TSX 60 Index ETF (XIU-T) is recognized as a strong long-term investment option, primarily due to its ability to defer taxable gains. Experts highlight that XIU represents a significant portion (approximately 80%) of the Canadian market index, which includes large-cap stocks in sectors such as energy, banking, and materials. In contrast to XIU, investors might consider the broader market represented by XIC for exposure to small- and mid-cap stocks, acknowledging the higher volatility and risk associated with these segments. Recent performance trends indicate that the Canadian market has been outperforming the U.S. market for over a year, suggesting a positive outlook for investors considering longer investment horizons. Investors are encouraged to reflect on their risk tolerance and return expectations while navigating the dynamic market landscape.
How to increase dividends. These are all the same thing. You get exposure to Canadian large caps. There is no diversification by being in all three. ZWU-T should replace one of them to get utilities including pipelines and telcos and less reliance on the banks. Still Canada so you need international. ZWE-T is the best international dividend payers yielding 7% with a covered call overlay. ZWS-T is the best in the US. These are the two to add to the three. These should be in a registered portfolios if you are retired because there is no divined tax credit.
A core holding in a young person’s portfolio? One of the grandaddy ETFs. Big cap stocks in Canada. Pretty good dividend, extremely liquid. Of his Canadian portfolio allocation, his primary holding is XIU. More convenient to buy one stock than it is to turn around to the market and buy the top 15-20 stocks. Cheap, effective, you might as well use it. 0.18% MER.