-
Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $38.76)
-
Mackenzie Global Equity ETF (MGQE $24.51)
Q: For international exposure, VIU or MFC099, which also has an ETF.
5i Research Answer:
They are very different and we would prefer VIU. MGQE fees are 0.80%, VIU 0.22%. But VIU is ex-North America, so offers true global exposure. MGQE is currently 68% invested in the US, so is largely a US fund and not internationally. The Mackenzie fund is also significantly smaller and has only been around for less than a year.