skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. DXG: If you owned Dynamic American 041 would you be inclined to replace it with the ETF equivalent… We understand that Mr Fingold manages an ETF but can’t find an exact proxy … What do you think of DXF ... [Dynamic Active Global Dividend ETF]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: If you owned Dynamic American 041 would you be inclined to replace it with the ETF equivalent… We understand that Mr Fingold manages an ETF but can’t find an exact proxy …
What do you think of DXF or
DXG

Asked by Thomas on October 04, 2021
5i Research Answer:

Nearly 50% of the fund is held in the top ten holdings, which means the fund performance can be replicated by holding the top holdings directly rather than paying a 2.39% MER. While not a proxy, we think QQQ would be a solid alternative. DXG is a suitable active global dividend ETF with an annual fee of 0.81%, which is on the higher side but expected for an active global strategy. DXF allows for exposure to the global financial industry with just ten holdings and charging an MER of 0.84%. Given the size of DXF and relatively short history, we would instead prefer IXG with a fee of 0.43%, and a more diversified approach. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in QQQ.