tag:blogger.com,1999:blog-5433839636644874439.post3613954959248024807..comments2024-03-04T13:37:11.022+00:00Comments on Canadian Financial DIY: The Impossible: Buying US Mutual Funds in CanadaCanadianInvestorhttp://www.blogger.com/profile/05645767559302303541noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5433839636644874439.post-80080238956132469472012-12-29T06:19:05.452+00:002012-12-29T06:19:05.452+00:00Good Information. Thank you for sharing and I want...Good Information. Thank you for sharing and I want to share information about Gerstein Fisher which is an independent investment advisory firm that manages assets on behalf of individuals and families and helps clients with their financial goals.Davishttp://www.gersteinfisher.com/noreply@blogger.comtag:blogger.com,1999:blog-5433839636644874439.post-9351656162568195932008-01-28T14:04:00.000+00:002008-01-28T14:04:00.000+00:00Cdnretguy, or another way of looking at it: if you...Cdnretguy, or another way of looking at it: if you take the difference in MER of 0.33%<BR/>buying monthly = 12x$10 = $120<BR/>that equates to a portfolio of $36,363<BR/>(i.e. 0.0033x$36363 = $120) above that monthly ETF buys are cheaper<BR/>buying twice a year = 2x$10 = $20, which gives a portfolio of $6060 ... but then one is not invested (maybe miss some market upswing) but one may get some interest income from a money market fund. Bottom line, the bigger the accumulated investment in the portfolio the better looking are ETFs.<BR/><BR/>There may not be a single, deterministic solution but, as you say, crunching a few numbers helps one decide.<BR/><BR/>Alberta, VISVX? really? that's the mutual fund version of VBR, the US small cap value ETF. Canadians aren't supposed to be able to buy those US mutual funds.CanadianInvestorhttps://www.blogger.com/profile/05645767559302303541noreply@blogger.comtag:blogger.com,1999:blog-5433839636644874439.post-60743122382801585252008-01-27T22:22:00.000+00:002008-01-27T22:22:00.000+00:00I currently have several Vanguard ETFs in my RRSP ...I currently have several Vanguard ETFs in my RRSP portfolio. Their ticker symbols are VWO, VTV, and VISVX. I also have some iShares US (IVE) and iShares CDN (XMD, etc). My account is a CIBC Investors Edge account and I can buy and sell the ETFs like any other article. <BR/><BR/>Some of the US ETFs offer great returns, and I especially like the VWO, however it is high risk, and has recently suffered with the rest of the market.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5433839636644874439.post-71923106311043413022008-01-27T21:37:00.000+00:002008-01-27T21:37:00.000+00:00To me the difference between buying an ETF or TD's...To me the difference between buying an ETF or TD's equivalent eFunds (assuming one is with TD Waterhouse) is straight math.<BR/><BR/>I built a spreadsheet that assumed monthly purchases at $9.95 brokerage cost for ETF's and $0.00 for eFunds and a 0.17% MER for the ETF and a 0.50% MER for the eFund, and that the MER is calculated on the month end balance. This sheet shows the break even point is about $306.40 per month for it to be a wash.<BR/><BR/>Buy less than $306.40 and eFunds win. Buy more and ETF's win.<BR/><BR/>This calculation assumes no change is asset value and so is wrong -- but allows one to make a more rational decision based on math rather than emotion.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5433839636644874439.post-42425066181368474182008-01-27T19:44:00.000+00:002008-01-27T19:44:00.000+00:00I think the TD e-Series is a great alternative. Y...I think the TD e-Series is a great alternative. Yes, the fees are higher than ETFs but not by a lot when compared to normal Cdn mutual funds.<BR/><BR/>MikeAnonymousnoreply@blogger.com