As part of my ongoing portfolio rationalization I need to sell Canadian Oil Sands (COS.TO) and iShares Core S&P 500 ETF (IVV). I also need to move my gold holdings to another account – I will sell it here and buy it again later (gold is falling).
This is the account that I plan to use for global equities, and I have selected two ETF: iShares MSCI Emerging Markets Index Fund (XEM.TO) and iShares MSCI EAFE Index Fund (CAD-Hedged) (XIN.TO).
XEM is a three-star rated ETF with high liquidity that holds emerging markets equities. The ETF holds over 800 stocks – the top five are Samsung, Taiwan Semiconductor, China Mobile, China Construction Bank, and Gazprom.
XIN is a three-star rated ETF with high liquidity that holds equities from Europe, Australasia and the Far East. The ETF holds over 900 stocks – the top five are Nestle, HSBC, Novartis, Roche and BP.
- Sell COS.TO @ $20.52
- Sell IVV @ $150.94
- Sell PHY-U.TO @ $13.26
- Buy XEM.TO @ $24.74
- Buy XIN.TO @ $18.73