Stockchase Insights
iShare Core MSCI World ex Canada
XAW-T
BUY
Feb 26, 2021
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It is a large and cheaper fund that is good for ex Canada exposure. There is less exposure than other ETFs in tech and health care but it has wide appeal to most investors for non-Canadian exposure for diversification. Unlock Premium - Try 5i Free
(A Top Pick Aug 10/18, Down 1%) The multiples on foreign stocks are very reasonable in comparison to Europe or North American stocks. These companies are benefiting from the China problem. Should see reasonably good numbers from these companies. Currently holding it and hasn't sold any of it.
The US is almost 57% with 8% Japan. It's an ETF that gives you foreign exposure outside of North America with a good base. A good diversification tool to have.
XWD vs. XAW He prefers XAW. Both are ETFs of ETFs. XAW includes emerging markets, a nice diversifier, with EM comprising 50% of the world's GDP. He likes global.
Some of the offshore stocks are worth investing because multiples are cheaper. Prospects in Canada are so-so, so it’s a good way to diversify out of Canada.
With the MSCI, you get 2000 companies worldwide. You don't need another all-world fund since there will be correlation risk. It's a fundamental way to get into the stock market. He would wait and see what happens in the market, since he believes we'll see an opportunity to buy at a cheaper price.
An ETF that contains other ETFs from iShares. Likes the exposure to the world while taking Canada out. Likes the diversity that comes with owning US equities (60%), Japan (6%), UK (4%), etc. A good base exposure.
Much in the US, but doesn't include Canada. 22 bps expense ratio. He likes Canada for value and cyclicality, so he wouldn't want to not have Canada. Europe appears cheap, but Ukraine conflict raises concerns.
Industry leader. Cap-weighted. MER is 22 bps. In today's climate, good to look at something with less volatility than a market-cap weighted portfolio. See his Top Picks.
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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It is a large and cheaper fund that is good for ex Canada exposure. There is less exposure than other ETFs in tech and health care but it has wide appeal to most investors for non-Canadian exposure for diversification. Unlock Premium - Try 5i Free