I'm also looking for a low expense ratio and a minimum investment of less than $5,000 US
2006-06-22 11:45:31 · 5 answers · asked by seed 2 in Business & Finance ➔ Investing
I was thinking one similar to Vanguard's S&P 500 index fund, I can't seem to find any similar on morningstar.ca and I've looked at 2 other ones but they too were US only.
2006-06-22 15:16:12 · update #1
Given Canada's exposure to commodities, natural resources and good banks, I think you're better off putting your US 5K into a CANADIAN index, not a US one (which I think you might be doing).
Look up i-shares (from Barclays), which trade in real time on the TSX like common shares, but represent various indices.
http://www.ishares.ca/splash.do
2006-07-06 11:27:04 · answer #1 · answered by lijon 2 · 0⤊ 0⤋
I recommend the 'guaranteed-to-make -(me)-10% fund', handled exclusively by me for Canadians.
Simply send all your money (in AMERICAN DoLLARS please) to me at: Makingmoneyinthestockmaket@ripyouoff.con
You will receive a beautiful embossed piece of paper with the number of shares you own, redeemable at any time upon request; (provided the markets are still open, the company still exists, Kim Pdongdong hasn't nuked the US, ... some other minor restrictions apply).
Visa and Mastercard welcome.
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2006-07-06 17:21:14 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Interesting question. What type of index are you interested in?
Go to http://www.moringstar.ca and you should be able to do a search based on your criteria.
2006-06-22 19:48:55 · answer #3 · answered by ps2754 5 · 0⤊ 0⤋
There is no such thing.
Top 3 Answerer in Business & Finance. (Vote for me)
2006-06-22 22:44:04 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Look into gold, its always on the rise, and getting more rare!
2006-06-22 18:48:15 · answer #5 · answered by C P R 3 · 0⤊ 0⤋