Comments on: TSX Market Sense http://www.canadiancapitalist.com/tsx-market-sense/ Helping you invest and prosper Sat, 11 Feb 2012 12:40:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: cvrk http://www.canadiancapitalist.com/tsx-market-sense/#comment-106 cvrk Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=183#comment-106 ETF is an interesting area! There are only two such funds traded in india! ETF is an interesting area! There are only two such funds traded in india!

]]> By: Alex Givant http://www.canadiancapitalist.com/tsx-market-sense/#comment-107 Alex Givant Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=183#comment-107 Talking about ETF: From your point of view, does it make sense to buy iShares (USA) instead of iUnits (Canada) because iShares have lower MER and better selection? What is your strategy with ETF? Thanks. Talking about ETF: From your point of view, does it make sense to buy iShares (USA) instead of iUnits (Canada) because iShares have lower MER and better selection? What is your strategy with ETF? Thanks.

]]> By: Alexander Givant http://www.canadiancapitalist.com/tsx-market-sense/#comment-108 Alexander Givant Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=183#comment-108 I know about currency risk, but iShare for S&P 500 has 0.09% MER vs. iUnit for S&P 500 has 0.30% MER. I know about currency risk, but iShare for S&P 500 has 0.09% MER vs. iUnit for S&P 500 has 0.30% MER.

]]> By: Arbee http://www.canadiancapitalist.com/tsx-market-sense/#comment-109 Arbee Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=183#comment-109 Alex:<BR/>iUnits S&P 500 is eligible as Canadian content inside RRSPs. They are not suitable for taxable accounts. I hold it in my RRSP account only because it counts as 100% Canadian content.<BR/><BR/>If the 2005 budget is passed, foreign content limits will be removed. In that case, it looks like Barclays would buy IVV for the XSP and hedge the currency risk. For some people, that might be worth the extra 0.15% MER.<BR/><BR/>In taxable accounts, IVV might be best. In RRSP accounts, as things are right now, XSP count as 100% Canadian content. When these rules are eliminated, the currency hedging feature may be worth the extra fee. Does that make sense? Alex:
iUnits S&P 500 is eligible as Canadian content inside RRSPs. They are not suitable for taxable accounts. I hold it in my RRSP account only because it counts as 100% Canadian content.

If the 2005 budget is passed, foreign content limits will be removed. In that case, it looks like Barclays would buy IVV for the XSP and hedge the currency risk. For some people, that might be worth the extra 0.15% MER.

In taxable accounts, IVV might be best. In RRSP accounts, as things are right now, XSP count as 100% Canadian content. When these rules are eliminated, the currency hedging feature may be worth the extra fee. Does that make sense?

]]> By: Anonymous http://www.canadiancapitalist.com/tsx-market-sense/#comment-110 Anonymous Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=183#comment-110 i thought the budget was passed when the parties last voted and the speaker broke the tie. i thought the budget was passed when the parties last voted and the speaker broke the tie.

]]> By: Arbee http://www.canadiancapitalist.com/tsx-market-sense/#comment-111 Arbee Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=183#comment-111 Anon: I am really not an expert on Parliamentary procedures. Here is my understanding: Bill C-43 (Budget bill) is passed into law only when it receives royal assent. It has passed two readings in the lower house and I think the third reading is one of the votes tonight. Then it goes to the senate. I am not sure when Revenue Canada will tell us for sure that foreign property rules are eliminated. Right now, because of minority parliament, it is a bit unclear what will happen. Anon: I am really not an expert on Parliamentary procedures. Here is my understanding: Bill C-43 (Budget bill) is passed into law only when it receives royal assent. It has passed two readings in the lower house and I think the third reading is one of the votes tonight. Then it goes to the senate. I am not sure when Revenue Canada will tell us for sure that foreign property rules are eliminated. Right now, because of minority parliament, it is a bit unclear what will happen.

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