John HoodiShares CNX Nifty IndiaXID.TOCOMMENTApr 02, 2019

India surpassing China as most populous country. 
English speaking with Western influence.
Rebellion against China - will see investment from West.
Good for international exposure. 

VEE vs. XID VEE covers EM. XID: India has a young working population who speak English. India fits well into global commerce. If they build their infrastructure, India will do well. Problem is, everyone knows India's long-term story and already have high expectations. India has been underperforming the past year, so he wants to see India cheaper and offer better performance before stepping in. Wait. Look at SCIF for India small-caps For EM, focus on Asian EMs, so go with GMF-N instead of VEE.

XID vs VEE (India vs. EM) VEE is Asia-ex Japan. It contains some major India stocks, plus Korea and China. With XID, you're making a country call. Do you know something about India that the world does not? He is not a country allocator. Take a look at Forstrong ETFs (https://www.forstrong.com/) who actively manage and you need that if you're so country-specific.

XID-T vs. ZID-T. A Difference in Tax Treatment? With a Canadian based ETF holding US ETFs subject to US withholding tax you can get double withholdings. He suggests asking the ETF provider what the tax consequences are for holding their funds in your Canadian account.

(A Top Pick May 2/16. Up 38%.) A great way to get access to the growing middle class in India.

(A Top Pick May 2/16. Up 29%.) He is a fan of emerging markets. India has good fundamentals. In the next 10-11 years, it will pass China in population, and has a well educated workforce. This would still be a Buy.

He loves it. A couple of weeks back he wrote about it on his blog. About 40 years on average their currency has lost 5% per year. He thinks it will level out now. There are very good pro-business policy there despite all the corruption in Indian politics.

He is a proponent of emerging markets in general. If he were to use only one country to invest in, it would be India. This is a good product and one he uses personally. He wouldn’t go more than 7%-8% of your portfolio.

India? There is this one as well as one from the Bank of Montréal. This is the one that he would use as a long term play.

Although he believes in “emerging markets” as a broad play, for those people who want an individual country, he would recommend India. This is a part of the world that is growing at a really, really breakneck pace, compared to what we are used to in the West.

India has tried to monetize some of their gold, even some held in temples in India. They just lost their finance minister. The problem is the layers of bureaucracy. He expects great things over the long term. You have to be very patient.

iShares CNX Nifty India (XID-T) or Vanguard MSCI Emerging Market (VEE-T)? He likes both. The question is, how do you want to get exposure to emerging markets. BMO has a very good one as well BMO India Equity Hedged to CAD (ZID-T), which is also a bit cheaper than this one. (See Top Picks.)