Q: VFIAX. What is so unique about this US fund?
Why is it unavailable in Canada?
Is there a similar one for Canada or in the US?
Thank you.
Why is it unavailable in Canada?
Is there a similar one for Canada or in the US?
Thank you.
5i Research Answer:
US mutual funds are not available in Canada due to differences in regulatory requirements. There is nothing unique about VFIAX, it is a basic S&P 500 mutual fund. ZSP in Canada would be an equivalent.