12/2/2023 0 Comments Trade stocks tangerine bankThe greatest difference between the old and the new is the equity allocation. ![]() If you like the idea of the big juicy dividends (perhaps for more tax efficiency in non registered accounts) you’d stay put. Also, there is no equivalent to the Tangerine Dividend Portfolio. If you like the idea of a lower risk portfolio, you ‘d stay put. The Balanced Income Portfolio is 70% bonds, while the Balanced Portfolio is 40% bonds. If you are in the core Tangerine Balanced Income Portfolio, keep in mind that portfolio is much lower risk compared to the Balanced ETF Portfolio. Seek professional tax advice if you have any concerns.Īnd you may ask the question – ‘should I switch out of my Tangerine core portfolio?’ Keep in mind that if you hold the core portfolio in a non-registered account, switching may trigger capital gains, and you may have to pay some taxes. Tangerine clients who currently hold the core portfolios and would like to switch to the Tangerine ETF portfolios can simply hit the “switch my portfolio” button once they are logged into their investment account. How Tangerine clients can switch to ETF portfolios. ![]() The Tangerine ETF Portfolios offer another wonderful low-fee solution for the many Canadians who are still stuck in high fee and poor performing mutual funds. □ In the end it does not matter what category you want to put them in. Will the fact that Tangerine now offers robo-like portfolios that employ ETFs be enough to satisfy robo snobs? Ha. I even conducted a Twitter poll that offered that verdict. That said, I had asked is Tangerine a Robo Advisor?, and the answer largely came back as no. These are more “complete” managed portfolios that can be accessed online, with an online risk and suitability assessment. When it comes to the question ‘what is a Robo Advisor?’ they tick all of the boxes. In my opinion, Tangerine Investments became the first Robo Advisor in Canada with the introduction of their core index-based mutual fund portfolios in 2008. stocks, developed markets and Canadian stocks. Many embrace the theme that emerging markets will be a superior holding and portfolio diversifier (compared to developing markets) in the coming years and decades.Īs an example here’s the allocation and assets for the Balanced Growth ETF Portfolio. Emerging market stocks are up by 20% from positive vaccine news in early November of 2020, besting the performance of U.S. I mentioned the potential for EM stocks in a MoneySense post from Nov. At the same time the portfolios will offer exposure to the growth-oriented Emerging Market stocks. stocks over Canadian and International equities. Tangerine’s Global ETF Portfolios will follow a global index weighting that will favour U.S. The Equity Growth ETF Portfolio is 100% stocks. The Balanced Growth ETF Portfolio is 75% stocks and 25% bonds. The Balanced ETF Portfolio is 60% stocks and 40% bonds.
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