Couch Potato Portfolio - Switching from eFunds to ETF
I've been contributing to my couch potato portfolio for 3 years, have accumulated a significant amoung and am now I would like to convert the index funds to ETF in order to benefit from lower MER.
However, the MER of ETFs doesnt seem much lower than eFunds, when I look at the model portfolios from the canadian couch potato,. 0.37% vs 0.42% -- 50$ a year on 100 000$
Am I missing something?
Also, is 10$/ trade at TD Waterhouse reasonnable? This requires 50k$ household assets.
Finally, are better/cheaper ETFs in the pipelines that would justify waiting?