Q: Tough question for you guys. Can you give some stocks on either Canadian and/or US exchanges that are reasonable TotalReturn proxies for XIU over a 1, 3, 5, 10 and 15 years or more time horizon.
5i Research Answer:
While it is tough for a single stock to closely mirror the TSX 60's performance over different timeframes, given its makeup between the energy and financial sectors. Given the large weighting towards energy and financials, we believe that a combination of TD and ENB can be a decent proxy for the XIU, while this analysis ignores personal decisions such as diversification factors and weightings.