I'm looking for an international bond ETF that is not CAD-hedge but traded in canada.
Right now all my bond holding are in CAD. My reasoning is that by having some international bond, I'm protecting global purchasing power in case the CAD tank... which doesn't work if it's hedged.
Do I have any choice with a canadian based ETF ?
Any non CAD-Hedge bond ETF ?
Re: Any non CAD-Hedge bond ETF ?
I found MGB, Mackenzie Core Plus Global Fixed Income ETF. MER is 0.6%.
That's the only one I could see in TD's list.
That's the only one I could see in TD's list.