The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices
Corporate class funds defer the hit by the tax man, though ETFs and ordinary shares may offer better returns.
Corporate class funds defer the hit by the tax man, though ETFs and ordinary shares may offer better returns.
(Photos.com)

Don't buy this floating rate bond ETF if you want big returns

It’s been a while since I dipped into the Q&A inbox so let’s remedy that now. Here are some of the questions that have come in over the past month.

Floating rate ETF
Q – I would like to know your thoughts on the iShares Floating Rate Index ETF (XFR). Is it a good pick for the bond portion of my RRSP? It was mentioned by Pat Bolland in the April issue of MoneySense Magazine. – John K.