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BMO Aggregate Bond Index ETF (ZAG)
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iShares Interest Rate Hedged High Yield Bond ETF (HYGH)
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iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD)
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iShares 20+ Year Treasury Bond ETF (TLT)
Q: This is the bond portion of my portfolio. Would you recommend adding or swapping ETFs to enhance diversification and allocate funds to markets with optimal returns?
5i Research Answer:
We can't get personal, but the listed funds have a mix of rate-hedged bonds, corporate and government, Canadian and US. We would consider it a decent mix. We could suggest TLT for some US long bond exposure on the anticipation of lower interest rates over the next couple of years.