20:40:58 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



iShares S&P/TSX 60 Index ETF
Symbol XIU
Shares Issued 340,000,000
Close 2023-06-09 C$ 30.19
Market Cap C$ 10,264,600,000
Recent Sedar Documents

Globe says iShares S&P/TSX 60 fits in with Chatsonic

2023-06-12 07:51 ET - In the News

Also In the News (C-XBB) iShares Core Canadian Universe Bond Index ETF

The Globe and Mail reports in its Saturday, June 10, edition that using AI chatbot Chatsonic to build an ETF portfolio was a qualified success. The Globe's Rob Carrick writes that in seconds, it popped out a built-to-order portfolio that mainly uses popular funds you can trust. AI does not replace human intelligence -- it is too minimalist in providing the background supporting its investing choices, and some of its picks are too flakey. Mr. Carrick asked Chatsonic to build a portfolio of ETFs for a Canadian investor, with a weighting of 70 per cent stocks and 30 per cent bonds, with percentage weighting for each. Here follows what Chatsonic produced in response to the request to build a 70-30 portfolio: iShares S&P/TSX 60 Index ETF -- 50 per cent; Vanguard Total Stock Market ETF -- 20 per cent; iShares MSCI EAFE ETF -- 10 per cent; iShares Canadian Universe Bond ETF -- 10 per cent; iShares Core U.S. Aggregate Bond ETF -- 10 per cent. Mr. Carrick says the obvious glitch here is that bonds account for 20 per cent of the portfolio, not the requested 30 per cent.

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