skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. ZIC: In a bond portfolio, should one be diversified across regions such as Canada, US etc similar to an equity portfolio? [BMO Mid-Term US IG Corporate Bond Index ETF]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: In a bond portfolio, should one be diversified across regions such as Canada, US etc similar to an equity portfolio? Can you recommend a US bond that trades in CAD?
Asked by Mary on August 17, 2023
5i Research Answer:

We would be okay with a North American-focused bond portfolio, i.e. US and Canada. Unless an investor fully understands the international markets, we are okay with staying local. International bonds add currency and other risks. Some US bond ETFs trading in CAD are VBU and ZIC. Our focus is on equities, and it is beyond our scope to suggest singular bonds, preferring ETFs for adequate diversification. 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind