Back to my recent question

0
0

Hi Dan.
I am not a good stock picker don’t have the time or knowledge.
Telus Algonquin Power Dream Ind all down.
So I am looking for a Global Mutual fund or ETF low to med risk, 8 to 12% per year would be nice.
Something that you would buy and hold. Thanks.

Marked as spam
Asked on June 11, 2024 3:25 am
36 views
0
Private answer

Considering the fact that 8-12% is typical market returns, you are going to be hard pressed to find a low risk fund that provides this return, even a medium risk fund.

8-12% is something you would likely see out of an S&P 500 fund over the long-term, but short-term volatility could have it returning much more or much less than this. And by short-term, I mean anywhere in the next 5-7 years. The markets have a way of normalizing over the long-term but over durations shorter than this, they can provide wildly volatile returns.

If you're looking for global diversity, you could have a look at the all in one funds like XEQT or VEQT. However, these are far from low to medium risk over a short duration of time. If your time horizon is long, a decade or longer, it is more likely you'd be able to achieve that 8-12% benchmark you seek.

Marked as spam
Posted by Dan Kent
Answered on June 11, 2024 6:04 pm