Hello MMM forum members!
Long time reader, first time poster in need of some investment advice.
I began investing in 2015 using the Canadian couch potato model ETF portfolio. This consists of VAB, VCN, and VXC ETFs. I am currently managing four accounts, my TFSA and RRSP as well as my wife TFSA and RRSP. I am using the aggressive model, which is 10% VAB, 30% VCN, and 60% VXC. I currently have 125K invested across all accounts.
In 2016, CCP recommended using ZAG instead of VAB. Also XAW instead of VXC.
My question is this: Should I sell my VAB and VXC in all accounts, then purchase ZAG and XAW? All accounts are tax-free, so I only would pay some selling fees to Questrade.
The MER on my 2015 CCP portfolio is .19%, while the 2016 CCP portfolio is .16%.
Doing a quick calculation, my portfolio has a .03% higher MER. Therefore, on 125K, this would amount to $37.50 annually. (125000*.0003). The selling fees to questrade across all accounts could amount to around $80, but over time this fee would be worth it given the savings in MER, assuming similar returns for either portfolio.
All thoughts and comments are greatly appreciated!