Q: Hi there,
I saw TD has recently introduced an all equity ETF similar to *EQT but with slight variances to exposures, and slightly less MER (i think?). Liquidity and AUM aside, how would you rank this compared to the other *EQT ETFs? And if you were to try and guestimate it's long term rate of return versus the competitors, what do you think that might look like?
Thanks!
I saw TD has recently introduced an all equity ETF similar to *EQT but with slight variances to exposures, and slightly less MER (i think?). Liquidity and AUM aside, how would you rank this compared to the other *EQT ETFs? And if you were to try and guestimate it's long term rate of return versus the competitors, what do you think that might look like?
Thanks!
5i Research Answer:
The fund of course is tiny right now having just started, and we would wait until there was at least $50M in assets. Its benchmarks are: 25% Solactive Canada Broad Market Index (CA NTR), 55% Solactive US Large Cap CAD Index (CA NTR), 20% Solactive GBS Developed Markets ex North America Large & Mid-Cap CAD Index (CA NTR). Thus, it will still be skwed to the basic large cap US stocks. Fees are 0.15%. We do not have access to current holdings. Versus others, we would really not expect much difference. It is a fairly standard, passive, 100% equities portfolio.