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  5. XEQT: Could I please have your opinion on Mawer global . [iShares Core Equity ETF Portfolio]
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Q: Could I please have your opinion on Mawer global .cf. in a tfsa. Thanks
Asked by Joseph on May 01, 2024
5i Research Answer:

The mutual fund has a good level of liquidity ($13.1B AUM), and has a strong performance profile, although, it does have a high expense ratio of 1.3%. The iShares Core Equity ETF (XEQT) has a fairly similar holdings and geographic profile, but a much smaller MER of 0.2%. Since its inception in 2019, XEQT has slightly outperformed MAW120 on a total return basis. 

We would be comfortable with either, but the expense ratio of MAW120 is fairly high.