: 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.
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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
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