Low-fee access to U.S., emerging markets

Article Excerpt

Pennsylvania-based Vanguard Group is one of the world’s largest investment management companies. In all, it administers almost $3 trillion U.S. across 175 mutual funds and ETFs. Generally speaking, Canadians can’t buy units of mutual funds that are registered in the U.S., because these investments aren’t registered with provincial securities commissions. Moreover, some Canadian funds are only available in a limited number of provinces. Canadians can, however, buy Vanguard exchange traded funds listed on stock exchanges. Here are two ETFs we see as low-fee buys. VANGUARD GROWTH ETF $106.09 (New York symbol VUG; buy or sell through brokers) aims to track the Center for Research in Security Prices (CRSP) U.S. Large Cap Growth Index. It’s a broadly diversified index that mainly consists of big U.S. companies. The $50.6 billion fund holds Apple, Alphabet, Facebook, Amazon.com, Coca-Cola, Home Depot, and Walt Disney. Other top holdings include Philip Morris International, Comcast, Visa, Gilead Sciences and Oracle Corp. Vanguard launched the ETF on January…