For Canadian investors looking for exposure to a well diversified index ETF with broad exposure to Canadian equities, the iShares S&P/TSX Capped Composite Index (TSX:XIC) is one of the lowest-cost options available currently.
With a rock bottom management fee of 0.05%, investors are able to put large sums of money to work in the Canadian stock market with a negligible cost, obtaining the diversification and growth objectives sought by equities within a broader portfolio.
While valuations remain elevated in most North American indices, having access to an ultra low cost ETF option is one way investors can keep as much money on the table to ride the long standing bull market toward bigger long-term gains.
This ETF holds exposure to a wider range of equities than other ETFs, offering investors exposure to certain securities which are not included in other ETFs designed to limit exposure to volatility, providing a more aggressive approach for equity investors interested in the risk/reward relationship.
Invest wisely, my friends.