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iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ)
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Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY)
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Vanguard Dividend Appreciation FTF (VIG)
Q: My grandchild is turning 20 in the fall and entering the work force, has no knowledge on investing. We are going to get him to start a Tax Free Savings Account with $2,00.00 original investment then encourage him to add $50.00- $100.00/ month there after. Untill he becomes more interested in learning more about investing we are thinking of starting with a dividend paying ETF or fund, any suggestions on a few ETF's or funds
5i Research Answer:
For dividend-focused ETFs, we like CDZ, VIG, and VDY.
CDZ has a distribution yield of...
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VIG.