By Ritika Dubey, The Canadian Press – BNN Bloomberg
Exchange-traded funds have become wildly popular among investors, particularly young people who use do-it-yourself investing platforms that can auto-invest client money in ETFs.
But the question remains: is there a downside to holding nothing but ETFs in your portfolio? Not really, according to some Bay Streeters, as long as you strike the right asset composition.
“It’s fine having a portfolio that’s 100 per cent in ETFs,” said Ted Rechtshaffen, CEO and wealth adviser at TriDelta Financial.
“It’s more about what the overall asset mix and risk is in the portfolio.”
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