It almost sounds too easy to just buy some good ETFs and hold on to them, but the strategy flat-out works.
This first instalment of the 2024 Globe and Mail ETF Buyer’s Guide makes the case quite well for the simplicity of buy-and-hold investing with exchange-traded funds. Each of the 12 Canadian equity funds included here delivered annualized returns of roughly 9 to 10 per cent over the past five years of dramatic stock market ups and downs.
Through all stock market conditions, ETFs are sensible option for investors because they’re cheap to own, transparent in the stocks they hold, and reliable in providing at least some degree of diversification. The dozen ETFs in this edition of the buyer’s guide should be considered as candidates for people who want exposure to the Canadian stock market in a single fund.
The funds included here differ in the indexes or stock-screening strategies they follow, and that means variations in fees,…
