Quote:
Originally Posted by Rutuu
This thread honestly breaks my heart.
Some of the investment guys on here should start a fund of a fund for CP. Get some of the web developer guys to help with the code/design. The accountants for tax advice. Some of the lawyers to do the documentation.
Our pitch will be to provide a transparent passive investment vehicle for our clients. Direct debits, money goes straight into the below ETFs with a fee under <0.5%, with different mixes based on age/finances/goals (create an IPS updated yearly).
Horizon Bond ETF: http://www.horizonsetfs.com/ETF/HBB
Horizon S&P/TSX60 ETF: http://www.horizonsetfs.com/ETF/HXT
Vanguard US Bond ETF: https://investor.vanguard.com/etf/li...th-end-returns
Vanguard US S&P500 ETF: https://personal.vanguard.com/us/fun...dId=0968#tab=1
Help out with taxes - CGT, taxed, tax exempt, tax deferred accounts and what should be where
Also look at the rent/buy issue to explain how housing prices are tied to income ratios, economic growth, interest rates, inflation and the effect of leverage.
CP's biggest jihad yet.  |
I get what you're saying and don't entirely disagree. The problem is that running a mandate like that will make zero dollars at 0.5% and end up costing money. The only way you could make that profitable at this point is to have enough volume to make it that high (which would be hundreds of millions of dollars).
I should add that there are fund of fund mandates just like you describe available for a little more than 0.5% right now. They don't have the housing angle and such that you're throwing in there, but if you just want the ETF investment you can buy that for sure.