- iShares Russell 2000 Growth ETF (IWO)
- Vanguard U.S. Dividend Appreciation Index ETF (VGG)
- Vanguard Growth ETF Portfolio (VGRO)
- Brookfield Corporation Class A Limited Voting Shares (BN)
Q: I look after a RESP and have IWO, VGRO, VGG and BN. The weight is 16% for each. Would you be comfortable adding to the ETF'S to a 20% weight or should I buy a ETF like XIC? If you have any suggestions of what I could buy for this account I appreciate your input! It will be 12 years before needed.
Thanks
Thanks
5i Research Answer:
Weightings need to be personal but of the ETFs noted WE would be OK at 20%. That being said, with BN the only Canadian stock we see here we think adding XIC for diversification would be a better move. If adding stocks we would suggest: TRI, LMN, EQB, IFC, GSY for some 'growthy' options.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VGG.