These ETFs let you invest outside Canada

Article Excerpt

Generally speaking, Canadians are blocked from buying mutual funds that are registered in the U.S. unless those funds are also registered with provincial securities commissions. (Moreover, some Canadian mutual funds are only available in a limited number of provinces.) Investors in this country can, however, buy exchange-traded funds, or ETFs, listed on U.S. stock exchanges. That’s a plus given the generally lower fees of ETFs. If you’re looking for an ETF with quality holdings and exceptionally low fees, then Pennsylvania-based Vanguard Group offers you strong options. Vanguard is one of the world’s largest investment management companies. In all, it administers over $8.4 trillion U.S., spread across 410 mutual funds and ETFs, for investors. Here are two of those ETFs we see as buys for you right now. VANGUARD GROWTH ETF, $233.04, is a buy. The ETF (New York symbol VUG; buy or sell through brokers) lets investors track the Center for Research in Security Prices U.S. Large Cap Growth Index. That broadly diversified index focuses on big…