RE:RE:RE:RE:RE:RE:RE:Disappointed Hey Shadow
ETFs sure are interesitng in that there are now so many of them with such different strategies.
ZEB is certainly one of the more straightforward just holding the big 6 banks so it's pretty "clean" in terms of holdings. It's also pretty "clean" in a steadily increasing distribution. As you say, people will complain about the MER nad prefer to hold the indivdual banks themselves. One advnatgae though is for adding to the holding as you only have to do one buy compared to a buy for each bank.
Having said all that, my wife & I just hold 4 of the 6 - BMO,BNS,RY, and TD.
Some of the other ETFs I've seen have more holdings that I wouldn't want. I've also noticed that some of distributions that actually go up and down. Others have compoenets of the distribution that are Return of Capitial and Income as compared to a pure dividend.
As I said, I strongly prefer individual stocks but there is a place for ETFs like emerging markets, US index, low invesitng amounts, etc.
Anyway take her easy and great discussion
Sarge
Shadow1973 wrote: Good points, Sarge, and yes, if you only have enough for, say, 100 units of ZUT, then the ETF is the way to go. I also kind of moan when you have ETFs that carry only a handful of stocks and charge a half percent or more MER for it. For instance, people really complain about the bank ETF (ZEB) for that. .65% for just six equal weight holdings. :)