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  5. ZIU: This RTF is up over 50% in less than two years. [BMO S&P/TSX 60 Index ETF]
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Q: This RTF is up over 50% in less than two years. Do you think it still has room to run.

GUY
Asked by Guy R. on August 13, 2025
5i Research Answer:

Focusing on the TSX 60, this is essentially a Canadian market proxy. Markets are at record levels, bouyed by strong earnings and interest rate reductions in Canada. Confidence is improving and money is coming back to the market. There are always risks, but we think the market remains OK overall. This ETF is up nearly 14% this year already, and we might not expect that again for the balance of the year, but we think the overall trend will still be 'higher' over the next couple of years. 

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