Here's how I would approach indexing if I were in Apex's situation.....
Equities:
Canadian index fund with lowest MER 30%
US index fund with lowest MER 30%
International index fund with lowest MER 30%
Other 10% (fun portfolio of individual stocks directly invested)
Would you or anyone be able to advise me on how best to execute the desired above equity allocation from my current equity allocation?
Current Allocation (unrealized capital gains, % of taxable account)
Canadian (58% total)
XFN - ishares canadian financials (+125k, 25%)
TD Bank (+190k, 8%)
Suncor Energy (+55k, 18%)
Canadian Index (0, 2%)
US (42% total)
Berkshire (+90k, 18%)
Nike (+90k, 5%)
Exxon Mobil (+29k, 3.5%)
Home Depot (+16k, 1%)
S/P 500 (+5k, 14%)
So currently, I have a total of 660k unrealized capital gains and no carry-over losses from previous years. Just sell all current holdings, pay the approx 165k capital gains tax and allocate to the desired target AA?
Last edited: