Pass on all three of these ‘balanced’ ETFs

In January 2018 Vanguard Canada introduced three new balanced ETFs with a mix of stocks and bonds. All three have low 0.22% MERs.
The Vanguard Conservative ETF Portfolio, $24.78, symbol VCNS on Toronto, holds roughly 40% of its assets in Vanguard stock ETFs and 60% in bond… 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