Q: On Nov 10, "Dave from Montreal" asked if you knew of a Canadian based ETF that focused on Canadian growth companies. You said you couldn't help, but I think you mistook his question as asking for a Canadian small cap ETF. There is the iShares Canadian Growth Index, XCG, which is for Canadian Growth stocks. The MER is a bit high at 0.55%. The 5 year total return is 8.78% annualized. Top holdings include SHOP, CNR, CP, BN, ATD, CSU, WCN, NTR, T, AEM, which seems a bit of a mixed bag, frankly, for growth. The ETF is based on the Dow Jones Canada Select Growth Index.
5i Research Answer:
Thank you; yes, we had only our 'smal cap hat' on here and neglected to mention this ETF as an option. We appreciate the back up. It is fairly small at $72M in assets, but is up 9.7% this year.