Q: I will deploy cash soon from my kids RESP account, and I want to buy the companies in US. Since I can't hold US dollar cash in RESP account, I am thinking of buying below ETFs hedged in Canadian dollars.
10% -- ZUB (Financial Sector)
10% -- ZUH (Healthcare Sector)
20% -- ZQQ (Technology Sector)
5% -- ??? (Which ETF is equivalent to IWM?)
55% -- XSP (S&P 500)
Please comment on above combination and sector weighting. Thanks!
10% -- ZUB (Financial Sector)
10% -- ZUH (Healthcare Sector)
20% -- ZQQ (Technology Sector)
5% -- ??? (Which ETF is equivalent to IWM?)
55% -- XSP (S&P 500)
Please comment on above combination and sector weighting. Thanks!