Q: I want more US exposure, but would be moving Ca $ to US $. Is it best to exchange ones cash to buy US ETFs such as VIG.US, or to buy a Ca ETF with US exposure? What would be equivalent to VIG be? Thank you.
5i Research Answer:
VGG is the Canadian equivalent. Generally, we prefer keeping US exposure in US securities, so we would prefer VIG with US funds held in a US dollar account. This ensures no conversion fees on dividends paid. Most US funds also have lower fees (VIG is 0.06%, VGG is 0.30%).
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in VGG, VIG.