These ETFs give you top-quality stocks

Article Excerpt

The six ETFs we update for you below mainly hold high-quality stocks that are widely traded on Canadian and U.S. exchanges. Each fund tracks the performance of a major stock market index for its investors. Note that this is different from riskier ETFs focused on narrower indexes or trends such as cryptocurrencies or cannabis. Of course, you pay brokerage commissions to buy and sell these ETFs. But low management fees give them a cost advantage over most mutual funds. That, combined with top stock holdings, offers considerable investor appeal. We recommend five of these six funds for your new ETF buying. ISHARES S&P/TSX 60 INDEX ETF, $25.56, is a buy. The ETF (Toronto symbol XIU; buy or sell through brokers; is a good low-fee way for you to buy the top companies listed on the TSX. Specifically, the fund’s holdings represent the S&P/TSX 60 Index. It focuses on the 60 largest, most heavily traded stocks on the exchange. The ETF began trading on September 28, 1999. Investors…

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