Should this DIY investor go all in on this international ETF? May 29th

How to go about securing the best return for your investment in Canada.
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The best TFSAs in Canada for 2023 + MORE Jul 4th

Tax-free savings accounts (TFSAs) offer a deceptively simple promise: A place where your money can grow without taking a tax hit at the time of withdrawal. However, the value goes beyond that. Unlike their name suggests, TFSAs are more than a simple tax-sheltered savings account. Since they were.... More »
 mutual funds

Making sense of the markets this week: April 7, 2024 Apr 5th

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. Are we in the middle of another Roaring ’20s? For those who aren’t into history, the Roaring ’20s has been referre.... More »

How it works: Capital gains tax on the sale of a property Apr 20th

Capital gains. Even the mention of these two words together can immediately conjure myths about owing the government 50% of the money earned from selling a home. But, like most rumours, it’s only half true—for now. You may have also heard that Budget 2024, the Canadian federal government introdu.... More »
 dividend

Capital gains tax in Canada, explained + MORE Jun 16th

Capital gains tax highlights Only 50% of a capital gain is taxable in Canada, and the taxable portion is added to your income for the year. With Canada’s current income tax rates, no one pays more than 27% in capital gains tax. You can reduce the amount of capital gains tax you owe by holding.... More »
 TSE

Buying ETFs in Canada Tool: The MoneySense ETF Screener + MORE Nov 24th

If you’re researching ETFs to buy, you’ve come to the right place. Below you will see the tables for different ETF categories, offering ETF options from some of the best ETF providers in Canada. We’ve included some helpful ETF asset class, geography, provider, tickers, as well as one-year retu.... More »
Ask MoneySense
I am seriously considering investing in ETFs. Is there a penalty or limit into investing solely on an international ETF such as XAW?—Michael

Exchange-traded funds (ETFs) can be a great investment tool, Michael. There are over 900 ETFs listed on the TSX right now, according to the Toronto Stock Exchange, and thousands more available to Canadian investors through other North American markets.

Many investment advisors in Canada use ETFs in their clients’ portfolios, and they have definitely become a favourite for self-directed do-it-yourself (DIY) investors. One problem with the number of choices available today is you practically need an advisor to help you pick ETFs if you’re interested in more than the vanilla options. There are sector ETFs, commodity ETFs, crypto ETFs, inverse ETFs (that rise when markets fall), leveraged ETFs (that return a multiple of the market’s performance), and so on.

The best ETFs in Canada
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Should you buy the XAW ETF?

The fund you are asking about, Michael, is iShares Core MSCI All Country World ex Canada Index ETF…

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