Why Canadian Investors Should Consider Investing in U.S. Stocks
Why Canadian Investors Should Consider Investing in U.S. Stocks
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Having a strong preference for Canadian stocks isn't uncommon among local investors, and, in some cases, it's perfectly rational.
在本地投資者中,強烈偏向加拿大股票並不罕見,在某些情況下,這是完全合理的。
For instance, avoiding currency conversion fees and benefiting from the tax efficiencies offered by Canadian dividends makes sense.
However, if your portfolio leans heavily towards Canadian stocks simply out of patriotism or familiarity, you might be missing out on broader opportunities.
例如,避免貨幣兌換費用並從加拿大分紅派息的稅收效益中受益是有意義的。
然而,如果你的投資組合過度偏向加拿大股票,僅僅是出於愛國主義或熟悉度,你可能會錯過更廣泛的機會。
Despite the comfort of investing at home, there are compelling reasons to diversify your investments, especially towards the U.S. market, which is the largest and most liquid in the world.
儘管在家鄉投資很舒適,但有很多令人信服的理由來實現投資的多樣化,特別是向全球最大、流動性最高的美國市場投資。
Here's a deeper look at why expanding your investment horizon to include U.S. stocks is a strategic move, along with an exchange-traded fund (ETF) that I personally like for easy access to the U.S. market.
以下更深入地探討了爲什麼將投資視野擴展到包括美國股票是一種策略性的舉措,以及一隻我個人喜歡、方便訪問美國市場的指數ETF(etf)。
Sector diversification
板塊多元化
Sector diversification is a significant issue when comparing the Canadian stock market to its U.S. counterpart, primarily due to the outdated composition of our local market.
與美國股票市場相比,加拿大股票市場的板塊多元化是一個重要問題,主要是由於我們本地市場的過時構成。
In Canada, the predominant sectors are energy and financialsâspecifically, oil companies and banks. Unfortunately, our energy sector often struggles under restrictive governmental policies, and our banking sector, despite its size and stability, shows little innovation and remains largely unchanged over the years.
在加拿大,主導的板塊是能源和金融業,具體來說,是油公司和銀行。不幸的是,我們的能源板塊經常在受到限制性政府政策的困擾,而我們的銀行板塊儘管規模龐大且穩定,但很少有創新,在多年來基本上保持不變。
In contrast, the U.S. market is a breeding ground for innovative companies, particularly in technology and healthcare. Even the American financial institutions dwarf Canadian banks in terms of their balance sheets and scope of services.
相反的,美國市場是創新公司的孕育場所,特別是在技術和保健方面。甚至美國的金融機構在資產負債表和服務規模方面都超過了加拿大的銀行業。
If you limit your investments to Canada, you're essentially playing monopolyâbetting on property, railways, banks, and utilities. Itâs a strategy that may seem safer but is painfully antiquated.
如果你將投資限制在加拿大境內,實質上是在玩大富翁-投資於房地產、鐵路、銀行和公用事業。這似乎是一種更安全的策略,但卻非常陳舊。
60% of the world's stock market
世界股票市場的60%
Another compelling reason to consider diversifying into U.S. stocks is the sheer scale of opportunity you miss by focusing too heavily on Canada.
考慮進入美國股票市場多元化的另一個具有說服力的原因,是你因過度偏向加拿大而錯過的機會巨大。
When we look at global market capitalization, Canada represents a meagre 3% of the MSCI World Index. This pales in comparison to the U.S., which makes up a staggering 70% of the index.
當我們看全球市場資本化時,加拿大僅佔MSCI全球指數的微薄3%。這與美國形成鮮明的對比,美國在該指數中佔據驚人的70%。
This disparity is crucial for understanding market exposure. If, for instance, your portfolio has 60% of its assets in Canadian stocks, youâre over-weighting Canada nearly 20 times relative to its global market presence.
這種差異是了解市場暴露的關鍵。例如,假設你的投資組合中60%的資產投資於加拿大股票,你相對於其全球市場存在超重風險近20倍。
While having a 30% allocation (approximately 10 times its global weight) might be more reasonable, excessively concentrating on Canadian stocks can severely limit your investment opportunities and potential returns.
雖然30%的配置(約爲其全球權重的10倍)可能更爲合理,但過度集中於加拿大股票可能嚴重限制你的投資機會和潛在回報。
The ETF to use
可用ETF
For affordable and broad U.S. market exposure, I like Vanguard U.S. Total Market Index ETF (TSX:VUN).
爲了實現廉價而廣泛的美國市場投資,我喜歡萬得VUN指數ETF(TSX:VUN)。
This ETF encapsulates what its name promisesâit holds an extensive portfolio of over 3,500 U.S. stocks across all market caps: small, mid, and large. This includes stocks from all 11 sectors, offering a comprehensive slice of the American market.
該ETF實現了其名稱承諾的包羅萬象-它持有超過3500只關於所有市值規模的美國股票。這些包括11個板塊的股票,提供了全面的美國市場觀念。
In terms of fees, VUN is competitively priced with a management expense ratio of only 0.16%.
就費用而言,VUN的管理費用率僅爲0.16%,具有很高的競爭性。
This means that for every $10,000 you invest in the ETF, the annual fees would be just about $16âa small price to pay for such extensive diversification across the top-performing U.S. market.
這意味着,每當你投資於該ETF的$10000,年費用僅爲$16-這是爲享受最高表現的美國市場多元化而付出的微不足道的代價。
The post Why Canadian Investors Should Consider Investing in U.S. Stocks appeared first on The Motley Fool Canada.
這篇發帖解釋了爲什麼加拿大投資者要考慮在美股投資。這篇發帖最初發布在The Motley Fool Canada。
譯文內容由第三人軟體翻譯。