Bullboard - Stock Discussion Forum iShares S&P/TSX Composite High Div Idx ETF T.XEI

Alternate Symbol(s): IXEDF

The investment objective of the Fund is to provide long term capital growth by replicating, to the extent possible, the performance of the S&P TSX Composite High Dividend Index the Index, net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly... see more

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iShares S&P/TSX Composite High Div Idx ETF > XEI - a core holding

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Post by Shadow1973 on Feb 12, 2021 9:49pm

XEI - a core holding

XEI is my number one core ETF holding for Cdn dividend stocks. Just take a look at the holdings to see how it has a great strategic setup for the reflation trade and ecomonic recovery: Oil, Banks, Utilities (including AQN and NPI for the renewable play), and a nice handful of REITs which have been hammered but can eventually recover. XEI also holds a sliver of Inter Pipeline, so I was happy to see a little boost in the ETF this week after the Brookfield takeover bid.

They are good managers - for instance, I suddenly saw Suncor appear in the holdings this fall just weeks before it popped from the sub $20 range, so they bought in really low to play the energy trade.

Been adding to my holdings ever since it was in the $16 range and has really improved over the last 6 months. Still ~$3 below 52 week high.

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