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  5. VEQT: Hi, My 17 year old will be opening a TFSA and has $2400 to invest for her future. [Vanguard All-Equity ETF Portfolio]
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Q: Hi,
My 17 year old will be opening a TFSA and has $2400 to invest for her future. There will be no new funds added for some time as she starts University this week. I was thinking either VEQT or a combo of XIC and ZSP. What do you think is the best choice or do you have a better suggestion?
Thanks,
Kerri
Asked by KERRI on September 04, 2025
5i Research Answer:

First, note that one needs to be 18 to open a TFSA. We would be fine with either option, but since VEQT owns some emerging market exposure it will be more diversified overall than the combo of ZSP/XIC, so we would side with VEQT. We would be very comfortable with it for a general all-equity fund.

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