Tangerine Global ETF Portfolio FAQs
Here are the most frequently asked questions about Tangerine Global ETF Portfolio.
- What are the Global ETF Portfolios?
These mutual funds are a new suite of Tangerine Investment Funds. We call them Global ETF Portfolios because they invest in a selection of ETFs in a Portfolio that’s globally diversified. This means you get the lower cost benefits of ETFs combined with the benefits of mutual funds - such as automatic contributions, rebalancing and dividend reinvesting. And because the ETFs are held in a mutual fund, it’s easy to invest in them, you don’t need to research, buy, sell and rebalance the individual ETFs yourself. - What are the investment fees for the Global ETF Portfolios?
Since Tangerine Global ETF Portfolios are mutual funds, you’ll pay a Management Expense Ratio (MER), representing the annual cost of owning the Fund. The most up-to-date MER for Tangerine Global ETF Portfolios can be found here.
When considering fees, remember that our Global ETF Portfolios provide the lower cost benefits of ETFs combined with the benefits of mutual funds - such as automatic contributions, rebalancing and dividend reinvesting.
Keep in mind that when investing in ETFs on your own, in addition to transaction costs and management fees, you may experience other administrative costs over time. - What are the Tangerine Global ETF Portfolios made up of? Do they include stocks and bonds?
Our Global ETF Portfolios are mutual funds that hold a selection of ETFs, giving you exposure to a variety of stocks and bonds from around the world. Each of our Global ETF Portfolios include a different mix of stocks and bonds to meet your investment needs. - What is the difference between Tangerine Core Portfolios and Tangerine Global ETF Portfolios?
Both Portfolio options offer the same hands-off investment approach, $25 minimum investment and automatic contributions. Compare our Core Portfolios and Global ETF Portfolios here. - Are the Global ETF Portfolios the right choice for me?
Generally, our Global ETF Portfolios are for investors looking for the lower cost benefits of ETFs, combined with the benefits of mutual funds - such as automatic contributions, rebalancing and dividend reinvesting. You get a selection of ETFs wrapped into a mutual fund, which means you don’t need to research, buy, sell and rebalance the individual ETFs yourself. Your Portfolio is priced and reported as one single investment, making it easy to keep track of how your investment is doing. - How do I switch between Tangerine Investment Funds online?
To switch your Portfolio:
1. Log in, if you aren’t already logged in.
2. Select your existing Investment Fund Account
3. Click ‘Switch my Portfolio’ - How do I purchase a Tangerine Global ETF Portfolio?
With Tangerine Investment Funds, you can buy and sell funds when you're logged in online. You can also set up an Automatic Savings Program (ASP) on your Investment Fund Account by clicking Start an ASP. Remember, your online balance doesn't include trades that haven't yet settled. - Can I automate my investments with Tangerine Global ETF Portfolios?
Yes, similar to our Tangerine Core Portfolios, our Tangerine Global ETF Portfolios allow you to invest on autopilot. We take care of rebalancing, dividend reinvesting, and automatic contributions. - What are some differences between an ETF and a mutual fund?
One major difference is that ETFs (Exchange Traded Funds) typically trade like a stock, meaning they can be priced and traded multiple times throughout the day on an exchange. Mutual funds, like Tangerine Investment Funds, simply trade once a day with a closing price at the end of the trading day. Another difference is that ETFs tend to be lower cost in nature because they simply track an index or sector without needing a fund manager to call the shots.
Learn More Here - What’s an ETF?
ETFs stand for Exchange Traded Funds, a type of investment fund that is usually bought and sold on a stock exchange. It provides a low-cost way for investors to access a bunch of stocks and bonds without them having to do it on their own.
Learn More Here - Is there a minimum amount to invest?
You can get started with as little as $25. After that, there are no minimums for subsequent purchases.