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  5. XGRO: Assisting a family member looking to start new RRSP with a 20 year time frame. [iShares Core Growth ETF Portfolio]
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Investment Q&A

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Q: Assisting a family member looking to start new RRSP with a 20 year time frame. They are looking for lower risk growth ideas. Can you provide 2 or 3 ETF's that could be suitable options? I was considering VGRO as an option. Also, with no commission fess (WealthSimple) would you support dollar cost average purchases (ie monthly)?
Thank you

Asked by Terry on May 11, 2021
5i Research Answer:

We like dollar cost averaging on a systematic regular plan (as opposed to averaging down specifically on declines). We would see VGRO and/or XGRO as a good option for lower risk but growth oriented options.