iShare Core MSCI World ex Canada (XAW.TO)

One way to get international exposure. Mostly US. Diversification outside of Canada. 25 to 30% of his portfolios’ exposure is at the moment outside of Canada.

XAW-T vs. XEF-T. XAW-T is an all world ETF with broader exposure. His favourite way to play international is good quality, high dividend paying stocks in Europe with a covered call overlay. ZWE-T is his choice.

When you buy a foreign ETF in Canada, you get a dividend tax withholding. These ETFs have double negative taxation. They are not the ideal ones to use. He likes it otherwise for its overall exposure. It is a fund holding a fund and that causes you to get dinged twice.

This is a large cap product, and is basically 1^st world economies. It is one of the top 8-10 countries outside of Canada, but you are getting exposure to 85%-90% of 1^st world stock market capitalization. A great way to get stocks around the world.

This is a large cap holding with 4% exposure to Canada. A very good ETF.

Vanguard FTSE All-World ex Canada (VXC-T) or iShare Core MSCI World of Canada (XAW-T) for an RRSP? You have to focus on global investing. Canada is only 4% of the world. A Canadian’s portfolio on average is going to have 50% or more exposure to Canada, and that makes sense only one energy is doing well. That is the biggest swing factor in the Canadian marketplace. These are 2 great ETF’s. They give you basically the entire world outside of the US. This one is all-inclusive, where the Vanguard is a little more focused on larger caps.