- iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO)
- iShares Core Canadian Universe Bond Index ETF (XBB)
- iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
- Vanguard Intermediate-Term Corporate Bond ETF (VCIT)
Q: In many of the investment articles I have been reading Bonds are being touted as a good investment in 2024. Do you agree? If yes, what Bond ETF's would you recommend?
5i Research Answer:
Yes; bonds are inversely correlated to rates, and if rates fall bonds should do better. That being said, bonds have moved quite a lot already in anticipation of this. The yield curve has shifted. Still, we are comfortable buying bonds today but we would buy for income primarily and take any gains as a bonus. We would suggest: VCIT, CBO, XBB, XHY.