: This is a balanced ETF that invests globally in a portfolio that is roughly divided 60 per cent stocks, 40 per cent bonds. It’s a fund of funds, holding assets in eight basic iShares funds.
Income Investor
The fund has been performing well recently and posted a one-year gain of 17.5% to Oct. 31. That’s well above the five-year annual average of 7.7%. Results prior to 2016 should be ignored because the managers, BlackRock Canada, made some basic changes to the fund’s mandate and fees at that time. - Gordon Pape
Sorry!
Only current subscribers of The Income Investor may view the details of this recommendation.
Interactive Performance Chart
XBAL was first recommended here on November 29, 2020