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BMO Long Corporate Bond Index ETF (ZLC $15.08)
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iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY $16.72)
Q: How do these corporate bonds compare. I was considering a 2% position.
Do you prefer one over the other, or a 1-1.5% position in both.
Thank you
Do you prefer one over the other, or a 1-1.5% position in both.
Thank you
5i Research Answer:
XHY invests in US high yield bonds; ZLC is 99.5% Canada. Thus, we think the diversification here...
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in XHY.