Are you a home biased investor?

October 2019 – Consider how ‘home biased’ you are as an investor. Do you know what the right split between Canadian and foreign investments should be? With Canada being only 3% of the world’s market, and our limited exposure to industries beyond financials, energy and materials (i.e. commodity price and consumer risk), we need exposure to other countries to diversify and manage our overall risks and improve our portfolio’s growth potential. Currency exposure forms part of the decision process as well. Get professional advice on the right degree of exposure given your specific goals, risk tolerance and time horizon to ensure you have the right mix for your situation.