If you buy a cap - weighted Canadian equity index fund, you're investing 30 % of your money in the financial sector and just 3 % in consumer staples. (moneysense.ca)
A lot of investors have been using equity index funds for years. (blackrockblog.com)
In general, if you need your money in less than five years, none of it should be in stocks, and that includes equity index funds and ETFs. (moneysense.ca)