Find an ETF that matches what you want. You don't need to move your account.
Buy Canadian
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Related communities: Communautés connexes :
!buyeuropean@feddit.uk !buyafrican@baraza.africa !boycottus@lemmy.ca !canada@lemmy.ca !canada@lemmy.ml
I've got about half my investments in NBC750 - NBI Canadian Equity Index Fund which I don't THINK has any shares through BlackRock.
I've got another half in an international index (NBC755), but I think it has around 4% of its value in a blackrock iShares ETF.
Both of mine I done through QTrade, which I think is Canadian (although its so hard to keep track these days).
RBC has Canada only mutual funds, so yes.
Find several ETF that will suit you best. One of my safe ones is bk-c. Canadian banks.
You will have to self direct to do this. Open an account with one of the commission-free places, like Wealthsimple or Questrade. Anything that's overseen by an advisor will have international equity allocations, including exposure the country to our south. They are in the middle of a historically unprecedented bubble, so I mean this is the debate you'll have to have internally with yourself. I don't want to invest with them either, but putting your (very obviously legitimate) hard feelings aside for a moment and thinking objectively, thats where the return is being found right now.
This is your retirement after all, and it's not necessarily your job or responsibility to be the moral superman of the planet. No one's going to look after you, or care about what your investments were in, and if they are going to financially rape and pillage and unlock supercharged returns through deregulation, which in turn will unlock fraud and capitalism at the cost of just about everything good, I mean it's going to be an all time economic disaster, but a good advisor will want you to be exposed to that, because there are returns to be made.
Ain't saying what you are wanting to do is bad (it's very much not), or wrong, but you do have to look at this from all angles, and it's important that you do because it affects your future well-being, long after all of this is (hopefully) over.
I just did this in the past weeks, as I was in a US growth fund. I just asked the bank rep to give me ideas on minimizing US exposure. But I'm with a credit Union so they are super helpful and not like a major bank (like TD or Scotia ) that tries to force you into funds that benefit them