- Exchange Income Corporation (EIF)
- BMO Equal Weight Utilities Index ETF (ZUT)
- Harvest Tech Achievers Growth & Income ETF (HTA)
Q: hi 5i, if picking one (today) which one would you choose , for my RRSP.
thanks
thanks
5i Research Answer:
EIF is an operating company with different divisions, so it is quite difficult to compare to the others which are ETFs. A single company implies significant more risk by default. Utilities (ZUT) should do better as interest rates decline. It has struggled (3 year return is negative 3.7%) but is up 9.6% in the past three months, showing the leverage rates can have on the sector. HTA, being tech focused, is up 40% in the past year. We would be comfortable with any of these, but today would prefer HTA for income and growth potential.