What are we looking for?
Canadian-listed ETFs with rock-bottom fees for broad market exposure.
The screen
Over the past 10 years, Canadian investors have benefitted from a fall in fees across investment fund products. This is echoed in Morningstar’s Annual Canadian Balanced Landscape report, which paints a picture of how much fees have fallen across both balanced mutual funds and ETFs. Today, motivated Canadian investors have access to a wide swath of balanced ETFs with an average management expense ratio of just 0.52 per cent, a far cry from a decade ago when single-ticket, diversified multi-asset portfolios were largely accessed through the mutual fund structure at a far greater cost.
Today, we go one step further to find rock-bottom fees among Canadian exchange-listed ETFs. To give readers an idea of the landscape, across 1,400 Canadian-listed ETFs, 594 of them have management expense ratios south of 50 basis points (or 0.5 per…
