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Mackenzie Maximum Diversification Canada Index ETF (MKC)
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CI MSCI Canada Quality Index Class ETF (FQC)
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First Trust Canadian Capital Strength ETF (FST)
Q: I see CI MSCI Canada Quality Index Class ETF (FQC.TO) is no longer available. This was an ETF that seemed to following 5i's investments strategy. It's replacement CI Canada Quality Dividend Growth Index ETF (DGRC.TO) is very different, with a much different sector allocation.
Is there another Canadian ETF that you would recommend as a replacement for FQC, that is similar to the 5i strategy?
Thank you,
CR
Is there another Canadian ETF that you would recommend as a replacement for FQC, that is similar to the 5i strategy?
Thank you,
CR
5i Research Answer:
We feel that the Mackenzie Maximum Diversification Canada ETF (MKC) has similar holdings to some of our model portfolios and has performed fairly well over the years.
The First Trust Canadian Capital Strength ETF (FST) also has similar high-quality holdings to our model portfolios and has performed similarly to MKC.