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One of the goals of the TSE-60, I believe, is to improve the profitability of index-related products. I assume that means they want more people to sell indexes based on it, and/or they want to make a TIPS product based on the TSE-60 and sell that as well.
Is anyone concerned that perhaps the 60 were selected just so the historical performance would look good?
After all, by picking from companies that performed well over the last 10-15 years, you would have a good looking 10-year chart for the next 5-7 years, and in that time period you could sell a lot of TSE-60 products to Wise chart watchers.
But we all know that past performance is not a great indication of future performance, right?
Putting that concern aside, does anyone know if there really are plans to sell a TSE-60 TIPS product?
I do like to keep half of my money in indexes (split between the TSE, the S&P, and I am considering adding some asian/european indexes as well). The TIPS are a major deal compared to the rate most index funds charge.
BTW, the reason I keep so much in indexes is that this way I can take fun and exciting risks with the other 50-60%, and still sleep soundly at night :-)
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