Hi Marc okay that is good to know. Can you give me your firms contact/cost details? From a quick google check on F&C it seems their costs are less than 1% annually. Are the Canadian ETF's considerably cheaper?
Apologies if it appears that way, not my intention. The OP is looking for investment vehicles for retirees, (F&C thanks to your contribution and potential non-EU ETF route thanks to marc). I can associate with the post as my parents are in a similar position and I think it's reasonable to ask questions of a poster that seems to have a lot of knowledge on the subject. That's why I asked you to further my knowledge and I think it might also benefit the OP to get more information around various IT's.
Anyway if you have any response on my question @Sarenco I'd be curious to get your thoughts. Thanks
Hi Marc okay that is good to know. Can you give me your firms contact/cost details? From a quick google check on F&C it seems their costs are less than 1% annually. Are the Canadian ETF's considerably cheaper?
A global equity portfolio could be constructed using Canadian ETFs with a total expense ratio (TER) of 0.25% (or lower).
However, bear in mind that you will also have to pay a discretionary fund manager's fees (plus VAT) to access those ETFs and a custodian to hold the investments.
Make sure you are taking all costs into account when deciding how to proceed.