A Nova Scotia-based initiative is under way to educate retirees on their ETF options
Two Nova Scotia-based advisors are urging local seniors to look beyond low interest rates and consider adding ETFs to their retirement portfolio mix.
Tyler Mordy, president and CIO of Forstrong Global Asset Management, and Stephen Bishop of Raymond James Ltd. will host two public presentations on how retirees can use existing assets to create further gains.
Stated Mordy to Kings County News, “Beating low interest rates without giving up diversification is key,” pointing to his firm’s Global Income Focus portfolio, which sources the best income opportunities from around the world to create a diversified, income-focused ETF portfolio.
Beyond understanding the basics of ETFs, the main challenges for senior investors is choosing what kind of index to pursue, as ETFs are available in virtually every asset class. “That’s the big paradigm shift for active investors – ETF’s have made the portfolio construction process different and better for investors in so many ways,” Mordy said to the paper. “Today, you can build truly globally diversified portfolios exclusively with ETF’s.”
Investors are also wise to look to macroeconomic trends, as doing so can produce portfolios with the ability to absorb the shocks of a globalized world, and can be less cost prohibitive to a wider client demographic.
Tyler Mordy, president and CIO of Forstrong Global Asset Management, and Stephen Bishop of Raymond James Ltd. will host two public presentations on how retirees can use existing assets to create further gains.
Stated Mordy to Kings County News, “Beating low interest rates without giving up diversification is key,” pointing to his firm’s Global Income Focus portfolio, which sources the best income opportunities from around the world to create a diversified, income-focused ETF portfolio.
Beyond understanding the basics of ETFs, the main challenges for senior investors is choosing what kind of index to pursue, as ETFs are available in virtually every asset class. “That’s the big paradigm shift for active investors – ETF’s have made the portfolio construction process different and better for investors in so many ways,” Mordy said to the paper. “Today, you can build truly globally diversified portfolios exclusively with ETF’s.”
Investors are also wise to look to macroeconomic trends, as doing so can produce portfolios with the ability to absorb the shocks of a globalized world, and can be less cost prohibitive to a wider client demographic.
