I’ve always dreamed of ringing the opening bell on a stock exchange — ideally the NYSE. But fate had better plans. It happened in Canada, the birthplace of ETFs, and it was awesome.
Thanks to BMO Global Asset Management, I had the chance to attend their DIY ETF Investor Day at the Toronto Stock Exchange, surrounded by some of the country’s sharpest minds in ETFs and investing.
Canada not only invented ETFs, it’s also the wellspring of many trends that have since swept through the U.S. and Australia. There’s plenty that we can learn from what’s happening up north.
Here are five insights I took away. Where ETF ideas were discussed, I’ve included comparable options available on the ASX.
1. Forget 60/40 – it’s now time for 60/20/20
In Australia, asset allocation still revolves around the traditional…
