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  5. ZAG: I am thinking of taking a capital loss on 3 securities [BMO Aggregate Bond Index ETF]
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Investment Q&A

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Q: I am thinking of taking a capital loss on 3 securities:
ZAG, TIXT, TCL.A-C
What securities could I replace them with while waiting for the 30-day period before a possible repurchase of these securities?
Second question:
What is your opinion of TCL.A?
Asked by Serge on September 14, 2023
5i Research Answer:

Proxy for ZAG could be XBB, though with the CRA one needs to be careful they are not too similar. XSB might be a better choice, focusing on a different subset of bonds. TIXT is fairly unique, but GIB.A could work. DCM could be a sub for TCL.A if one is careful about less liquidity. We have given TCL.A plenty of time to do something, but it continues to be weak, with slow growth and high debt. We would not see it as needing to be re-bought after a tax loss sale.