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BMO Canadian Dividend ETF (ZDV)
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iShares S&P/TSX Composite High Dividend Index ETF (XEI)
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Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY)
Q: I want to keep a portion of my money in safer/ income producing assets. I have a sum of money in a high interest cash account > 4.25%. What is the difference between the 2? Would it not make sense to keep all the money in the cash acct? Or what would the pros and cons of this be?
5i Research Answer:
We are comfortable with ZDV but as a dividend/equity fund we would in no way consider it...