We challenge you to come up with a diversified portfolio with lower fees than this one. These four ETFs hold more than 4,400 securities from 24 countries, with exposure to both the U.S. And Canadian dollar, all for less than $6 a month on a $50,000 portfolio. A similar portfolio of mutual funds can easily cost 15 times as much. (If you can come up with a cheaper portfolio, let us know at letters@moneysense.ca, and we may feature it in an upcoming issue.)

Exchange-traded fund Allocation Expense ratio
iShares Canadian Large Cap 60 (XIU) 20% 0.17%
Vanguard Total Stock Market (VIT) 20% 0.09%
Vanguard Europe Pacific (VEA) 20% 0.16%
Claymore 1-5 Year Laddered Government Bond (CLF) 40% 0.15%