Q: Hi, looking to invest 70,000 in two etf’s one Canada one U.S in a rrsp. (or two U.S. etf’s as I have no U.S holding yet)
Two suggestions that are a conservative sleep at night, and longer term hold, with a 2+% dividend.
Also would like to have if possible a balanced sector allocation. I already have lots of financial and oil- gas stocks, which is heavy in Canada.
Hope this makes sense?
Thanks
Two suggestions that are a conservative sleep at night, and longer term hold, with a 2+% dividend.
Also would like to have if possible a balanced sector allocation. I already have lots of financial and oil- gas stocks, which is heavy in Canada.
Hope this makes sense?
Thanks
5i Research Answer:
For a balanced Canadian ETF, we like the VBAL ETF, which has an AUM of $2.6B, an MER of 0.24%, a yield of 2.4%, and targets a 60/40 equity/bond portfolio. For the US, we like the Schwab US Dividend ETF (SCHD). It has 104 holdings, an AUM of $53B, an MER of 0.06%, and a yield of 3.5%. SCHD has a good balance of exposure to different sectors, and VBAL provides some asset class diversification as well.