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Vanguard US Total Market (VUN-T) versus Vanguard FTSE Emerging Markets (VEE-T)? You are dealing with apples and oranges. This one is emerging markets while VUN is total market cap US. If he were buying emerging markets, which he is not, he would be buying this. There is nothing wrong with VUN. He has been riding the large cap wave for a couple of years. Right now he wants to be buying good businesses, and the US is the place to be. |
Comment |
An ETF has no fund manager. Fees are lower. He is a big fan of ETFs. This one has the lowest fees in the area. They have been coming back. Emerging markets have been a tough place to be. This would be the one but he would favour local markets right now. He is not a big proponent of diversification just for the sake of it. Buy the trend.
Emerging markets ETF for an RRSP for a long-term? High volatility is okay. Not keen on Russia because of the lack of transparency. He likes going with a broader approach so he likes this one because it is cheap. Other ETFs have something available in emerging markets, but look at the prices and let that be your guide.