Q: Good Morning;
I am looking for two ETF (preferred) recommendations that as a stand along investment product would include first, holdings representing a well rounded Growth portfolio (for a TFSA) and second, holdings reflecting a well structured Balanced portfolio for an FHSA. My preference for these products is because there is not enough money in either to create that portfolio of stocks and bonds, and I do not want to be trying to pick a solitary stock "winner". The holders of these portfolios do not have the time to learn investing at present, so this approach seems "easiest".
Thanks very much
I am looking for two ETF (preferred) recommendations that as a stand along investment product would include first, holdings representing a well rounded Growth portfolio (for a TFSA) and second, holdings reflecting a well structured Balanced portfolio for an FHSA. My preference for these products is because there is not enough money in either to create that portfolio of stocks and bonds, and I do not want to be trying to pick a solitary stock "winner". The holders of these portfolios do not have the time to learn investing at present, so this approach seems "easiest".
Thanks very much
5i Research Answer:
We think IWF, representing large-cap growth, would be a solid choice for the growth category....