What is our Classic portfolio?
The Classic portfolio is one of our portfolio options in our managed accounts. Other options include Socially Responsible Investing (SRI) portfolios and Halal portfolios.
With our Classic investment portfolio, your money is invested in a diverse portfolio made up of low-fee ETFs. Like all of our portfolios, the Classic portfolio is diversified across asset classes and geographies to help investors achieve a higher rate of return while taking on less risk.
What fees does Wealthsimple charge for Classic portfolios?
Our management fees for all of our managed portfolios are the same — 0.5% (it drops to 0.4% if you have more than $100,000 with us). As with all investments, there is also an additional fee that is charged by the firms that manage the ETFs (generally 0.1-0.2%).
Which ETFs are in Wealthsimple's Classic portfolios?
A well-balanced portfolio is crucial for building wealth and limiting risk. Each of our portfolios includes between 8 and 10 ETFs and each ETF represents a unique asset class:
Mackenzie Canadian Equity Index ETF
Vanguard Total Stock Market ETF
Mackenzie US Large Cap Index ETF
Vanguard US Total Market Index ETF
|Global Min-Vol Stocks||ACWV||
iShares Edge MSCI Min Vol Global ETF
iShares Core MSCI IEFA ETF
BMO MSCI EAFE ETF
|Emerging Market Min-Vol Stocks||EEMV||
iShares Core MSCI Emerging Markets ETF
|Canadian Long-Term Government Bonds||ZFL||
BMO Long Federal Bond Index ETF
SPDR Gold MiniShares Trust
|Global Low-Vol Stocks||GLOV||
Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF
|Canadian Bond Aggregate||ZAG||
BMO Aggregate Bond Index ETF
|Short-term Canadian Credit||ZCS||
BMO Short Corporate Bond Index ETF