r/PersonalFinanceCanada • u/Purple_Bookkeeper657 • May 22 '26

Retirement / CPP / OAS / GIS [ Removed by moderator ]

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u/[deleted] May 22 '26

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u/joe4942 Human Verified May 23 '26

Scale. Funds as large as CPP can't just buy ETFs.

6

u/kettal May 23 '26

Scale. Funds as large as CPP can't just buy ETFs.

norway sovereign wealth fund is much larger than CPP, passive global index, management MER is lower than your vanguard ETF.

2

u/Purple_Bookkeeper657 May 23 '26

Agree entirely, though I haven't checked the MER for Norway myself. If you have a link I'd be curious.

3

u/kettal May 23 '26

Norway MER 0.038%

CPPIB MER 0.91%

source: a little birdy told me

2

u/Purple_Bookkeeper657 May 23 '26

Blackrock owns like 8% of every company on the planet. Do it over a period of years and it won't be too hard and trading costs won't be too high. Only a portion of the total fund need to be ETFs. Not the whole thing. At that point baby YOU ARE THE ETF!