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iShares Core S&P/TSX Capped Composite Index ETFXIC.TOTOP PICKMay 26, 2016Stock price when the opinion was issued
As of Jun 19, 2026. Market Open.
Benchmark index for Canada. You should have some core allocation to Canada. Question is do you trim or add based on market conditions? Rates and economic signals are leading his strategists to pull back from Canada and EMs in favour of US and international. Diversified, ultra-cheap at 5-6 bps. A great anchor in your portfolio.
Another dip-buying candidate in this ETF which tracks the TSX. If for whatever reason the entire market slides in a day or so, then use this to buy that dip. XIC‘s biggest holding is Royal Bank at 6%, followed by TD, CP, Enbridge, CNR, Shopify, CNQ and the other big banks. Read 3 All Canadian for our full analysis.
Basically the TSX composite index, 240 some companies listed in Canada, the entire Canadian market. He has been legging slightly back into the Canadian market in his model portfolios, and this is his core exposure.