Q: Hi 5i,
Most of the etfs that I have looked at for the Canadian market are 60-65% in financials and resources which I think is a very large weighting. I understand that the Canadian market is tilted towards these sectors but is there any etf that is more diverse and balanced?
Alternately, is there an etf which would resemble your balanced portfolio (wishful thinking?). I am looking at moving all my stocks to etfs as I don't have the time to manage them.
If there are no etfs that match the above, maybe you could suggest a mix of etfs for different sectors and weighting? Looking for growth, no need for any yield.
Thanks as always. Please deduct as many credits as you see fit.
Most of the etfs that I have looked at for the Canadian market are 60-65% in financials and resources which I think is a very large weighting. I understand that the Canadian market is tilted towards these sectors but is there any etf that is more diverse and balanced?
Alternately, is there an etf which would resemble your balanced portfolio (wishful thinking?). I am looking at moving all my stocks to etfs as I don't have the time to manage them.
If there are no etfs that match the above, maybe you could suggest a mix of etfs for different sectors and weighting? Looking for growth, no need for any yield.
Thanks as always. Please deduct as many credits as you see fit.