Q: I'm looking for a fund of fund for an RRSP that will provide geographical and sector diversification but I don't want the fund to hold bonds.
Read Answer-
iShares Core Canadian Short Term Bond Index ETF (XSB)
-
iShares S&P/TSX Capped Information Technology Index ETF (XIT)
-
Vanguard All-Equity ETF Portfolio (VEQT)
Q: What do you think of this for an RESP for two kids aged 3 and 5:
30% XSB
10% XIT
60% VEQT
Anything I should consider with this mix? Is it to late to get into XIT where its is already up so much?
Q: I opened an RESP account for my newborn son this year, my goal is to have ~10% annual return and not have to actively manage and rebalance the portfolio. So I plan to just buy and hold VEQT with available funds for the next 10-15 years, then slowly transition to a more balanced VBAL as it gets closer to withdrawal. What are your thoughts on this strategy, and would you recommend another ETF/stocks as a better alternative for the purpose? Thanks!
Read Answer