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                             Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $42.40) Vanguard FTSE Developed All Cap ex North America Index ETF (VIU $42.40)
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                             Mackenzie GQE Global Equity ETF (MGQE $27.95) Mackenzie GQE Global Equity ETF (MGQE $27.95)
            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.
 
                             
                             
                