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  5. ZMI: Hi, I have these two stocks in my rrif account. [BMO Monthly Income ETF]
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Investment Q&A

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Q: Hi, I have these two stocks in my rrif account. Thinking of selling my two losers DIR and TELUS, and putting it in ZMI.
DIR and TELUS don’t seem to be doing much, while ZMI has US holdings, is steadily increasing in price with a good dividend.
This would be for a 5+ year period.. your thoughts please.
Asked by Brad on January 09, 2025
5i Research Answer:

It is not really fair to compare single companies to a diversified ETF, but we would have no objections to swapping these two for ZMI, for a 4.81% yield, more safety and diversification.