In 2021 I bought McKenzie Investments’ QTIPS ETF, which is based on US Treasury inflation-protected TIPS bonds. It is part of my retirement portfolio (the rest of which has done very well).
TIPS is CAD-hedged.
The purchase represented around 7% of my portfolio but is a fair amount of money.
QTIPS started falling in value shortly thereafter, and my holdings are down about 24%. Almost five years later it has shown no signs of recovery and in fact has declined more in recent days.
Would appreciate any thoughts people might have:
* Can QTIPS recover?
* Or is it time to acknowledge that I made a big mistake and sell?
The loss would be painful but I don’t how long it makes sense to hang on.