Q: Is this a good ETF for consumer discretionary if someone does not want to own stocks in this sector? Would a 5% weight be ok or would it be considered too low for a ETF ?
Thanks
Thanks
5i Research Answer:
For a Canadian listed ETF within the sector, we would consider it OK. There are not a lot of choices. 5-year return is 6.86%, indicated yield 1.26%. We cannot comment on personal position sizes, but the TSX consumer disc. sector is at 3.5% as a comparison.