- iShares S&P/TSX Composite High Dividend Index ETF (XEI)
- iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV)
Q: I have a sizeable position in one and would like to exchange it for the other (this is a margin acct).
Any suggestions on how to go about doing this?
Any suggestions on how to go about doing this?
5i Research Answer:
They are separate legal entities, so the only way to do so is through a BUY/SELL where ownership changes hands. Both are liquid so we would not expect issues, and most brokers would have very low commissions on such trades.