- Toronto-Dominion Bank (The) (TD)
- BMO Equal Weight Utilities Index ETF (ZUT)
- BMO Mid-Term US IG Corporate Bond Index ETF (ZIC)
- iShares Core Canadian Universe Bond Index ETF (XBB)
- PIMCO Monthly Income Fund (Canada) Series A (PMO005)
Q: My husband and I are in our mid 60's and were hoping to retire in the next 2-3 yrs (however we may need to postpone depending on how 2020/2021 goes). At the moment our asset allocation is 67% equities and 33% fixed income and we feel we need to shift toward fixed income.
2 questions:
1. Undercurrent conditions, would you suggest a 60/40 split,a 50/50 split or do nothing for next 6 months?
2. If it make sense to make some adjustments now, which of the following fixed assets would you add to and which equities would you recommend trimming: current fixed positions are 10% each in XBB, PMO005, ZIC; equities over 5% are TD(6%), ZUT(8%) and XIC (7%).
2 questions:
1. Undercurrent conditions, would you suggest a 60/40 split,a 50/50 split or do nothing for next 6 months?
2. If it make sense to make some adjustments now, which of the following fixed assets would you add to and which equities would you recommend trimming: current fixed positions are 10% each in XBB, PMO005, ZIC; equities over 5% are TD(6%), ZUT(8%) and XIC (7%).