The beauty of exchange traded funds (ETFs) is that they trade like regular stocks when it comes to transactions. However, their added value is in giving you exposure to a board set of securities in a sector or a subsector with only 1 purchase. Investors use ETFs as portfolio building blocks to invest in a commodity such as wheat, soybeans or sugar. When it comes to oil, ETFs are perfect for subtracting the risk of exploration and production specific to production and exploration companies.
We will look at 4 Canadian ETFs that you can choose from along with … Continue Reading