BMO All-Equity ETFZEQT.TOBUYMar 30, 2026Stock price when the opinion was issued
As of Sep 18, 2026. Market Open.
Best portfolio for an 18-year-old isn't necessarily the one with the highest expected returns. It's the one that they'll sit with and own during a 35% market decline. Nothing wrong with today starting a 80% equity/20% bond portfolio. Increase the equity exposure as they get experience with bear markets.
If they're 18, they're probably contributing along the way as well. They'll have time to buy those equities at cheaper prices.
Both these ETFs give broad market exposure -- Canadian, US, and global equities. Simple, cheerful, easy.
Take a look at FEQT, which might reduce the volatility a bit.
Good for someone young for a long-term horizon. If you're young, hold 100% equities and don't own bonds, because they no longer offer the protection that once had.