[G&M] Vanguard launches ‘one-ticket solution’ ETFs

[hawleyray]

Basically, Vanguard will allow Canadians to follow the CCP strategy with a single ETF.
No rebalancing needed by the investor but slightly higher fees (MER 0.24%) than the traditional 3 ETFs version.

The Vanguard Conservative ETF Portfolio (VCNS-TSX) has a 40/60 mix of stocks and bonds, respectively, the Vanguard Balanced ETF Portfolio (VBAL-TSX) has a 60/40 mix and the Vanguard Growth ETF Portfolio (VGRO-TSX) is 80/20. Each has a management expense ratio that should come in around 0.24 per cent

Investing giant Vanguard launches ‘one-ticket solution’ ETFs

As noted in the article, it may be an interesting alternative to robo-advisers for 1/3 of the fees.

 

[hawleyray]

Another advantage I see in a one-ticket solution is that it may be a safeguard against market timing. You can still wait to invest but it prevents you to temporarily tweak your allocation in a attempt to chase higher returns.

Anyway, even if I'll not use them, I'm happy to see fresh products in the canadian industry and not just new gambling ETFs.

 

[davetownsend]

@hawleyray Vanguard Canada has now added these funds to their website. For those looking for how the funds are broken down into their parts, you can look at the Fact Sheet pdf in the right hand column of each fund's webpage.

https://www.vanguardcanada.ca/individual/indv/en/product.html#/productType=etf&assetClass=balanced

 

[dochoajr92]

@davetownsend Great, we just need Dan Bortolotti or Jason Bender to back-test the performance of these funds and tell me how they compare to their existing couch potato portfolios

 

[dreamer88]

@davetownsend Hmm. Not sure I like the fact that about half the bonds in each case are non-Canadian, and hedged to CAD.

Also don't like the percentage of Canadian equity.