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iShares Russell 2000 Growth ETF (IWO $284.45)
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iShares Core S&P/TSX Capped Composite Index ETF (XIC $43.16)
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iShares S&P/TSX SmallCap Index ETF (XCS $23.50)
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SPDR S&P 500 ETF Trust (SPY $621.72)
Q: Good afternoon,
I am planning on rethinking the majority of my investment strategy (choosing my own stocks). I plan on switching to a more ETF focused approach where I have 20% in bonds/gic, 15% US ETF, 20% Canadian ETF, 20% Foreign ETF and the rest left to my whims. For the Foreign ETF I was think VXUS and SPY for the US but what would be your recommended ETFs for US, Canada and Foreign (and perhaps bonds)?
For reference I am in my early 20s so I have a bigger risk appetite and presumably longer time horizon.
Thank you very much,
Aidan
I am planning on rethinking the majority of my investment strategy (choosing my own stocks). I plan on switching to a more ETF focused approach where I have 20% in bonds/gic, 15% US ETF, 20% Canadian ETF, 20% Foreign ETF and the rest left to my whims. For the Foreign ETF I was think VXUS and SPY for the US but what would be your recommended ETFs for US, Canada and Foreign (and perhaps bonds)?
For reference I am in my early 20s so I have a bigger risk appetite and presumably longer time horizon.
Thank you very much,
Aidan
5i Research Answer:
We think a combination of SPY and IWO (large cap and small cap growth) would work well for the US. VXUS has international, and is fine, though VIU would also exclude Canada and be a bit more diverse if Canadian holdings are owned as well. XIC for a general Canadian ETF, and XCS for Canadian small caps. XBB, CBO and XHY for general bond exposure (government, corporate, high yield).
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in SPY.