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  5. HCAL: For a new portfolio would you favour a Canadian bank ETF or investment in individual bank stocks [Hamilton Enhanced Canadian Bank ETF]
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Investment Q&A

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Q: For a new portfolio would you favour a Canadian bank ETF or investment in individual bank stocks
Asked by Denis on September 05, 2024
5i Research Answer:

For a starting position we will nearly always suggest an ETF, to provide for instant diversification within a sector at low cost. This will reduce overall single company risk. New individual stock positions can be added or substituted as the portfolio grows.