Q: Good Afternoon. As a retiree I am trying to simplify my portfolio. Should I sell my holdings of EMA and roll the proceeds into ZWU? Cheers.
5i Research Answer:
We can't give personalized direction, but ZWU is a diversified ETF in the utility sector and an ETF will be inherently less risky than a single stock. For an investor looking for less risk and a simple solution, we would be fine with such a move, though we do think EMA is fine overall.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZWU.