-
iShares Diversified Monthly Income ETF (XTR $11.38)
-
iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $37.92)
-
Mawer Balanced Fund Series A (MAW104 $38.69)
-
Dynamic Equity Income Fund Series A (DYN629 $27.73)
-
Mawer Global Balanced Fund Series A (MAW130 $20.34)
Q: I have about 150k in an RESP account for my 2 kids ( grade 9 and 12) so next year kid 1 will start withdrawing funds and kid 2 in 4 years. I've maxed out the match up grants so no new contributions. I hold mostly global growth mutual funds and am thinking I should shift to a more conservative dividend aristocrat type of holding. This would maintain equity and start generating some income vs more global growth focus I have used to get to this point. Do you have a suggestion for 1-3 low cost mutual funds or ETFs to generate some income and be good holdings for the drawdown period over the next 8 years.