Q: Hi Folks,
I have come across ZQQ and XQQ. What do you think of me adding one of these to my RRSP account. I would like some exposure to Tech and this seems like a simple way to do it OR would it be better to buy the individual companies themselves?
Thanks
I have come across ZQQ and XQQ. What do you think of me adding one of these to my RRSP account. I would like some exposure to Tech and this seems like a simple way to do it OR would it be better to buy the individual companies themselves?
Thanks
5i Research Answer:
We can personalize responses but for tech exposure we would be entirely comfortable with either. ETFs provide instant diversification at a cost of a small fee. These provide exposure to 100 stocks, which would be difficult to duplicate on one's own. We think some tech exposure certainly makes sense today.