This ETF invests in the 75 securities that make up the High Dividend Index of the Toronto Stock Exchange. For the most part, these are sound blue-chip companies, including the major banks, Enbridge, TransCanada, BCE, Telus, etc.
Income Investor
Sorry, you do not have access to this content.Energy stocks make up 28.6% of the portfolio. Suncor Energy and Canadian Natural Resources are the top two holdings. With a drag like that, it’s no wonder this fund is in trouble. The low MER of 0.22% can’t save it - Gordon Pape
Current Advice
Sell
Consult your broker/advisor
Capital Gain/Loss
-17.9%