Q: Hi folks,
I hold VI but I know you prefer the unhedged version, VIU. For me to make that change, would I just sell my VI and buy VIU on the same day as I'm sure they won't move much intraday. It's in my RRSP so no tax issues.
Thanks
Robert
I hold VI but I know you prefer the unhedged version, VIU. For me to make that change, would I just sell my VI and buy VIU on the same day as I'm sure they won't move much intraday. It's in my RRSP so no tax issues.
Thanks
Robert
5i Research Answer:
Without giving any personal instructions, we would agree if one is to switch then doing more or less simulataneously makes the most sense to avoid any market gyrations.