With the increasing popularity of Exchange-Traded Funds (ETF) in both Canada and the US, it’s critical you capture the benfits of the various offerings.
Today, all the financial firms compete for your dollars as they build their ETF offerings. Some have lower fees while others have $0 transaction fees if you are investing through their institution.
I have around 5% of my portfolio into ETFs. It’s a great option to get exposure to the US market in Canadian currency.
July 19, 2023