The Top Low-Cost Index Funds in Canada in December 2023

Low-cost index funds are catching on in a big way. For one, it has been brought to many investors’ attention how high-fee mutual funds and exchange-traded funds can deteriorate one’s portfolio, often by staggering amounts when those fees are paid over decades.

Secondly, many investors have figured out they are uncomfortable buying individual stocks and instead want to hold broad market ETFs that track major market indexes. In most instances, the broader we get in terms of exchange-traded funds, the cheaper the fees will be.

For example, ETFs that focus mainly on Canadian dividend stocks will often have higher fees than those that target the entire Toronto Stock Exchange.

For this reason, more and more funds are coming out that we would deem low-cost here in Canada, and in this article, we’re going to go over some of the best.

If you’re looking for…