Hey there! Keep in mind, and we're going to be rewording it this update, that just because a portfolio contains say... 50% equities, we don't suggest going 50% fixed income. We just suggest some form of fixed income. We're currently doing our Millennial portfolio semi-annual balancing and review. So you'll get that today!
The remainder of the portfolio was left open for the investor so they can choose how they want to balance the remainder of their portfolio. These are all Canadian stocks, and we don't want to be exclusively investing in Canada.
That remaining money can be used for fixed income, it can be used for an ETF that tracks the U.S. or international markets, it can be partially in cash etc. The choice is ultimately yours.
The issue with fixed income like bonds right now is with rates so low, they aren't attractive at all.