Managed Investing
I use Wealthsimple's managed investing for my RRSP. It automatically builds and rebalances a diversified ETF portfolio for me β I set it up once and it just runs. Low fees, automatic rebalancing, dividend reinvestment. I went with the classic portfolio but there are also socially responsible and Halal options.
Key Benefits
Hands-off investing
Set it and forget it. Your portfolio is automatically managed and rebalanced.
Diversified portfolios
Invest in a mix of low-cost ETFs across global markets.
Tax optimization
Tax-loss harvesting helps reduce your tax bill.
Fees & Pricing
0.5% for Core (<$100K), 0.4% for Premium (β₯$100K), 0.2% for Generation (β₯$500K). ETF MERs extra (~0.15-0.25%).