XEQT MER
XEQT’s MER (management expense ratio) is 0.20%. This means that for every share of XEQT that you have, 0.20% goes to BlackRock Canada and the underlying ETFs.
The XEQT MER is very low for what investors receive in return. They get an all-in-one investing solution that rebalances automatically according to its target weighting. All the investor needs to do is buy the index fund and hold it.
The easiest way for investors to buy XEQT for free in Canada is with Wealthsimple. They have $0 commissions to buy and sell Canadian ETFs. If you’re in need of an account, consider using my referral link on Wealthsimple.