How to Invest In Canada Easily
- 1). Buy mutual funds focused on Canada. Typically you will pay a significant "load" -- a commission to your broker. This can be as high as 5 percent, depending on how much you invest. Internal expenses can also eat into your returns, sometimes 1.5 percent.
- 2). Buy companies based in Canada. Cameco is the world's largest uranium miner. Canadian stocks are subject to all the risks of the marketplace.
- 3). Buy exchange traded funds. ETFs seek to follow indexes. In other words you can buy the Ishares MCSI Index ETF EWC, and follow the performance of the Canadian stock exchange. It's an easy way to play Canada on a macro level without getting entangled in the minutia that surrounds stocks. One also need not worry about the high cost of mutual funds.
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