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  5. ZBAL: I am interested in 3 growth ETFs. [BMO Balanced ETF]
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Q: I am interested in 3 growth ETFs....70 to 80% equities. A second question..what do think about investing some allocation in the military sector. If yes could you suggest 3 top stock picks and 2 etfs ( if available) Thank you




Asked by Dick on July 15, 2025
5i Research Answer:

Here are a list of (ranked) stocks for suggestions in the military sector. The sector has surged with plans of NATO and others to increase spending, but we think the rally will likely continue for some time still. ETFs suggested: EUAD, ITA.

For growth ETFs, VGRO, ZGRO. ZBAL

Note the latter is only 61% equities currently.