Index fund portfolio.
Hi All,
I'm building a relatively hands off index fund portfolio and had a couple questions regarding the global component.
First to answer the "why not go the ETF route" the portfolio is just too small now (under 20K). I do plan to convert at the end of the year i.e. transfer the majority of the funds into an ETF plan and continue this cycle.
As to not violate the 'no stock pick' rule I'm not listing the specific funds rather the category they fall under:
30% Canadian Index
25% US Index
20% Canadian Bond Index (medium term dex universe bond index).
05% Inflation-Linked Bond
20% International Index
Just a few notes:
- I personally prefer short term bonds but there's no 'cheep' index fund with a low initial contribution limit - so I was forced to go with the above (DEX universal index) which I consider medium term.
My issue is it seems there's no good emerging market index fund that's cheep (i.e. with a low MER) anyone have any good suggestions here?
I was also curious what your take is on currency hedging for the international funds (i.e. US / other)? I plan on getting the hedged versions but I've been flip flopping on this decision as of late.
Thanks!
I'm building a relatively hands off index fund portfolio and had a couple questions regarding the global component.
First to answer the "why not go the ETF route" the portfolio is just too small now (under 20K). I do plan to convert at the end of the year i.e. transfer the majority of the funds into an ETF plan and continue this cycle.
As to not violate the 'no stock pick' rule I'm not listing the specific funds rather the category they fall under:
30% Canadian Index
25% US Index
20% Canadian Bond Index (medium term dex universe bond index).
05% Inflation-Linked Bond
20% International Index
Just a few notes:
- I personally prefer short term bonds but there's no 'cheep' index fund with a low initial contribution limit - so I was forced to go with the above (DEX universal index) which I consider medium term.
My issue is it seems there's no good emerging market index fund that's cheep (i.e. with a low MER) anyone have any good suggestions here?
I was also curious what your take is on currency hedging for the international funds (i.e. US / other)? I plan on getting the hedged versions but I've been flip flopping on this decision as of late.
Thanks!