For the equity portion of the Sleepy Portfolio, we will stick to the iShares and iUnits ETFs offered by Barclays Global Investors.
The Canadian portion of the equity allocation can be split between two ETFs: the iUnits i60C (TSX: XIC) and the iUnits iMidCap (TSX: XMD). The expense ratios for these funds are 0.17% and 0.55% respectively.
There is a lot of choice available for the US equity portion of the portfolio. To keep things simple, we can divide the money equally between large, mid and small cap indices: iUnits S&P 500 (TSX: XSP), iShares Russell Midcap (IWR) and iShares Russell 2000 (IWM).
The MSCI EAFE Index tracks developed markets in Europe, Australia and the Far East and has a 45% weighting in Japan and the UK. The iUnits version is called iIntR (TSX: XIN) and has a MER of 0.50%.
The MSCI Emerging Markets Index tracks the performance of countries like South Korea, South Africa and Taiwan. The iShares MSCI Emerging Markets Index Fund (EEM) has an expense ratio of 0.75%.
Jan 4, 2005: Buy TSX: XIC 200@$56.55 + $29.95 commission = $11,339.95
Jan 4, 2005: Buy TSX: XMD 170@$65.00 + $29.95 commission = $11,079.95
Jan 4, 2005: Buy TSX: XSP 500@$15.30 + $29.95 commission = $7,679.95
Jan 4, 2005: Buy IWR 75@US$78 + US$29.95 commission = $7,204.11
Jan 4, 2005: Buy IWM 50@US$126 + US$29.95 commission = $7,755.45
Jan 4, 2005: Buy TSX: XIN 700@$21.40 + $29.95 commission = $15,009.95
Jan 4, 2005: Buy EEM 40@US$198.00 + US$29.95 commission = $9,740.28
Tomorrow, we will invest the Other portion of the Sleepy Portfolio in REITs and also summarize and analyze the holdings.
