Mike S. Newton, CIM FCSI Vanguard FTSE All-World ex Canada VXC-T COMMENT Jul 03, 2015

(A Top Pick Jan 21/15. Up 4.26%.) If you missed the diversification last year by not getting out of Canada, this is a good time to start. If you have a 100% Canadian portfolio, and would like 20% to be in something else, this is a great way to get your toe into the water.

Global Dividend ETF, X-Canada. He does not use ETFs because he can diversify naturally. He would recommend for younger investors this one. It is diversified, 55% US, global and very little Canada. It has a low MER. Always be conservative at first. But some blue chip Canadian to go along with it.

TFSA vs RRSP, and examples of ETF’s that would be more suitable? For the large majority of people, the TFSA money is the money that you can be a little more aggressive with because there is more flexibility because the growth you have will be pulled out tax-free. If you want things that are going to grow, and hopefully will be a little more aggressive as a result of seeking that growth, he would use things like iShares MSCI World Index Fund (XWD-T) or Vanguard FTSE All-World ex Canada (VXC-T), both global broadly diversified equity positions that are trying to get you exposure around the world.

(A Top Pick Aug 17/15. Down 4.57%.) This has hurt Canadians in the last year, because Canada has had a pretty good year.

This would effectively be Canada, US, Asia and the Far East. In this you are probably going to have 300 shares in the underlying ownership, and you will have the top performing companies in those markets. He is concerned that it is very weighted towards technology and you are not getting any exposure to the parts of the market that have not performed. You are not going to have any exposure to commodities and very little exposure to energy, which are the segments that have done very poorly in the last couple of years.

I'm young and willing to buy an ETF that carries risk. Which one? VXC-T, a one-stop, affordable ETF ex-Canada. Or there's ex-EM, XWD-T. Also, pick something in a sector you're comfortable with and know something about. Don't go in blind.

Inexpensive, liquid. Encourage people to look outside Canada for growth.

XAW-T vs. VXC-T. Both are good ETFs. XAW-T is cheaper. They are great one-ticket solutions. He has an extremely high bias in Canada.

For an RESP, you would want to be more aggressive. He recommends VXC, which is a multi-asset ETFs. They are 60-40 allocations. He likes XGRO as well. He uses these funds for his clients for their children. VXC is more aggressive and it also gets rebalanced quarterly.