Vanguard Balanced ETF Portfolio (VBAL.TO)

For a static asset allocation this is a great solution. Not what he subscribes to. Risk changes over time. Not good if you think that markets aren’t efficient. He thinks they are not.

About 60% equities, 40% fixed income. Good conservative growth portfolio.

Combines 7 different ETFs. He loves what they have come out with. 22 basis points and better than robo-advising. His only problem is that these are way too overweight in Canada.

A conservative one. 60% equity, 40% bonds. For smaller accounts, RESPs. At 22 basis points of cost makes it competitive compared to robo-advisors.

He likes what they are trying to do with these new products. This is the traditional 60/40 balance. It has 22 basis points’ cost. For a passive investor he would give it a thumbs up.

Low, excellent MER. Best to put this into a TFSA, RRSP or LIRA for $40-100K. Would rather own a bank stock for 10 years than a 5-year bond. Go with an ETF that has less exposure to bonds and more in equities.