All-In-One Canadian Investment Hub
The formula for successful do-it-yourself investing is simple: diversify broadly, keep costs low, and stick with your plan over the long haul. And while there are many ways to achieve that, one of the simplest and most effective is using all-in-one ETF portfolios. These are a “fund of funds” that combine multiple stocks and bonds into a single ETF that automatically rebalances on your behalf, giving you the best of both worlds (a sophisticated, low cost index strategy with minimal management fees). The biggest ETF providers in Canada – Vanguard, BlackRock (iShares), and BMO – each offer a family of all-in-one ETFs that range from conservative to aggressive. And while there are slight differences between the suites from these three companies, they’re all excellent choices.
All-In-One Canadian Investment Hub: Stocks, Crypto & More
All-In-One Canadian Investment Hub is slightly different than those from the other two major players, in that they offer more aggressive allocations of equities and fixed income in their One-Click portfolios. But this is only a minor difference, and the overall MERs are still much lower than those of traditional mutual fund products.
The low fees of all-in-one ETFs are a big selling point for new investors, especially when compared to the typical mutual fund fees in Canada. Trying to pick stocks yourself seldom works, so the simplicity of these all-in-one ETFs can be a great solution for young Canadian investors who want to start investing but may not have the time or expertise to manage their own portfolios.