ETF investors have long clamoured for Currency unhedged funds traded on the TSX for reasons outlined here, here and here. While it is true that Canadian investors can get direct access to foreign stocks through a long list of ETFs that trade in the US exchanges, these funds have one drawback that cannot be overcome.
New Currency Unhedged ETFs from iShares is brought to you by Canadian Capitalist — Helping you to invest & prosper.
Advantaged ETFs refers to exchange-traded products that use derivatives such as forward agreements to transform one form of distributions (often interest income) into another (such as capital gains or return of capital) that is lightly, if at all, taxed.
Budget 2013 clamps down on Advantaged ETFs is brought to you by Canadian Capitalist — Helping you to invest & prosper.
In a wide-ranging interview with Charlie Rose on PBS, Jeremy Grantham says that the era of 3% economic growth is over. Jason Zweig says that automatic enrolment with opt-out can help alleviate the retirement savings crisis. Rob Carrick says that you can give your kids their inheritance early by starting early and contributing regularly.
This and That: Grantham Interview, RESPs and Another Giveaway is brought to you by Canadian Capitalist — Helping you to invest & prosper.
BMO launched its Covered Call Canadian Banks ETF (TSX: ZWB) in January 2011. The ETF immediately started attracting investor attraction. Investors were mesmerized by the initial annualized yield of 10% and piled money into the fund: among ETFs launched in 2011, ZWB ranked first by Assets under Management by a wide margin. Interestingly, the second [...]
A look at the Performance of the BMO Covered Call Canadian Banks ETF (ZWB) is brought to you by Canadian Capitalist — Helping you to invest & prosper.
In some of the long-running posts on this blog (for example, see Is a Group RESP Plan Right for You?), Group Registered Education Savings Plan — usually referred to as scholarship plans — cheerleaders (often sales people) continue to post comments on how Group RESP fees are a bargain compared to bank MERs. These cheer [...]
Group RESP Plans are Loaded with Fees is brought to you by Canadian Capitalist — Helping you to invest & prosper.
[Note: The following post was originally published on Jan 3, 2010. I've now updated it with the 2012 annual returns for XSP and IVV. The bottom line is that the performance of currency-hedged funds still lags that of the local currency fund by a significant margin.] Many investors would like to have exposure to US [...]
Performance of Currency-Neutral S&P 500 Index Funds is brought to you by Canadian Capitalist — Helping you to invest & prosper.
Despite the turbulence investors encountered throughout the year due to lingering problems in Europe and political wrangling in the US, asset class returns in 2012 turned out to be quite satisfactory. Bonds provided modest, low single-digit returns. Canadian stocks also provided modest, high single-digit returns. Foreign stocks had a banner year with returns from the [...]
Asset Class Returns for 2012 is brought to you by Canadian Capitalist — Helping you to invest & prosper.
Since my previous update, the Sleepy Mini Portfolio has gained 3.75 percent due to a rally in the stock markets over the fall months. It is now just over five years since the Sleepy Mini Portfolio was launched in August 2007 with an initial investment of $1,000 with a target allocation of 20% bonds, 20% [...]
Sleepy Mini Portfolio Q4-2012 Update is brought to you by Canadian Capitalist — Helping you to invest & prosper.
It is now more than one year since Vanguard came to Canada by launching its first set of Exchange-Traded Funds (ETFs). Last week, I had a chance to chat with Atul Tiwari Chief of Vanguard Canada. I asked him a few of my questions and those of Canadian Money Forum members (here) about Vanguard’s plans [...]
Q&A with Vanguard Canada is brought to you by Canadian Capitalist — Helping you to invest & prosper.
I recently ordered Tap Dancing to Work, a collection of articles on (and sometimes by) Warren Buffett that had appeared in Fortune magazine over the years. Unfortunately, I found the book somewhat disappointing because I had already read the better bits over the years (most of it is already available online) and the bits that [...]
A Compilation of Warren Buffett’s Online Articles is brought to you by Canadian Capitalist — Helping you to invest & prosper.
