There are 664 ETFs available to Canadian investors (versus 600 during the Financial Forum in January 2008).
This is on target for over 1,000 by next year! |
Average dollar-weighted expense ratio for these ETFs is 0.36% versus Canadian Equity Mutual Fund 2.48%.
The MER for a Canadian Equity Balanced Fund is 2.55%. |
International funds are available at 0.15% (iShares CDN MSCI EAFE) that outperformed the median international equity mutual fund available to Canadian investors after fees
(Five years ending February 29, 2008: 10.5% versus median international mutual fund at 9.4% annualized).
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Commodity ETFs are a good way to diversify any portfolio.
The risk is similar to international but relatively uncorrelated to other markets.
Every portfolio should have some.
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