Q: I'm looking at an investment horizon of at least 5 years and would like to acquire ZDV etf. Given the current economic roller coaster that we are on with the US with it's ever-changing tariffs, what would be a reasonable price to buy ZDV?
Also, would you prefer to buy it in a registered account or a non-registered account? Please explain why.
Thank you for your assistance and have a wonderful weekend.
Also, would you prefer to buy it in a registered account or a non-registered account? Please explain why.
Thank you for your assistance and have a wonderful weekend.
5i Research Answer:
ZDV is a large, liquid, solid dividend fund with a 3.58% yield and 5-year annualized return of 14.01%. We would be fine buying at $23 or better but with a diversified fund we would not get too stressed about pricing over a 5-year term. With the fund owning 95% Canadian stocks, for most investor a non-reg account would be best, so as to get the benefit of the dividend tax credit.