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Vanguard FTSE Developed All Cap ex North America Index ETF (VIU)
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Vanguard Dividend Appreciation FTF (VIG)
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S&P 500 ETF TRUST ETF (SPY)
Q: My wife and I would like to convert our diversified portfolio of 20 active companies to a portfolio of ETFs. We are in our 70s and would like to simplify our portfolio.
We picture 5 to 10 ETFs.
One or two ETFs for all Canadian stocks, same for the USA and one or two for indexes outside North America.
As I say, we’re currently pretty well diversified and earning dividend income of around 5% and would like to continue around that level of yield and diversification.
What ETFs would you include? Is this a dream or can it really be done?
Many thanks for your research and opinion.
Frank
We picture 5 to 10 ETFs.
One or two ETFs for all Canadian stocks, same for the USA and one or two for indexes outside North America.
As I say, we’re currently pretty well diversified and earning dividend income of around 5% and would like to continue around that level of yield and diversification.
What ETFs would you include? Is this a dream or can it really be done?
Many thanks for your research and opinion.
Frank
5i Research Answer:
We think it is very possible and doable. We think XIC (general market) and CDZ (dividends) could represent Canada. Similarly, for the US, SPY and VIG. VIU for international ex-North America. We haven't included fixed income here but ETFs could be added here for diversification, if desired.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VIG, SPY.