Bond ETF's - Stocktrades Canada

Hello:

Now that interest rates are creeping down would you consider in lieu of GIC’s etc, gaining some exposure to some Bond ETF’s such as ZFL, pays a 3.25% dividend and can only assume the ETF will gain value as interest rates drop. Riskier I suppose that GIC’s, but should outperform over the next couple years?

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Asked on September 16, 2024 12:02 pm

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I agree with your thoughts entirely.

Not risk free, but I do believe bond ETFs, especially ones with longer duration, should be set up to earn some nice capital gains over the next bit here.

If that is a risk you're willing to take on, of course. GIC's are always nice in terms of capital preservation if you're risk-averse with the money you're buying them with.

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Posted by Dan Kent

Answered on September 18, 2024 7:48 am

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Thanks Dan, any other Canadian listed bond funds you would consider. ZFL seems pretty stable and based on long term quality bonds etc.

(bpl521@outlook.com at September 18, 2024 12:44 pm)

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