These three ETFs rely on asset allocation

Fund providers in Canada and the U.S. continue to actively introduce new ETFs. This month we highlight three recent additions.
Bank of Montreal (BMO) recently launched three asset allocation ETFs that invest in other BMO ETFs.
Each of the three ETFs acts as “fund of funds,” with its… Read More

Robo-advisors aim to put investors in suitable ETFs

Generally, robo-advisors offer a set number of investment portfolios largely composed of ETFs. They then use a client’s investment profile—factoring in their needs and risk tolerance—to determine which of those portfolios is best suited to the individual investor.
Robo-advisors claim that their exclusive algorithms take the… Read More

Q: Hello, Pat. I always look forward to your reports. Thanks. What is your take on the new Vanguard Asset Allocation ETFs—VCNS, VBAL, VGRO? Each is a collection of several different ETFs, some of those ETFs holding stocks and some holding bonds. Are the fees more? Thank you.

A: The Vanguard Conservative ETF Portfolio, $24.70, symbol VCNS on Toronto, holds roughly 40% of its assets in Vanguard stock ETFs and 60% in bond ETFs. This $27 million ETF started up on January 25, 2018, and has a 0.22% MER.

The Vanguard Balanced ETF Portfolio,… Read More