Q: Is the above ETF (XID) the best way to get exposure to India for Canadian Investors or would you recommend an alternative?
5i Research Answer:
We think XID is a good option if an investor wants a Canadian-listed fund. Fees are fairly high at 1.03%, with five year annualized performance of 9.57%. We would prefer INDA, which is much larger at $11B, has lower fees (0.65%) and better performance even without currency adjustments (11.33%).