[quote]Scotia iTRADE has partnered with Claymore1 to bring you commission-free* online trading on 46 ETFs, covering a vast array of sectors, from Claymore ETFs®* and other leading Canadian ETF providers.[/quote]
Exchange-traded funds (ETFs) are among the fastest growing investment products in today’s global marketplace. Built like mutual funds, ETFs consist of a portfolio of investment products, but they trade like individual stocks on major stock exchanges and can be bought or sold at any time in any amount throughout the trading day.
What does this mean?
Usually when buying and selling ETFs you incur commissions. You can pay as much as $29 per trade depending on your broker. There is no minimum order amount.
Hopefully some other discount brokerages like Questrade will follow suit with this!
Here is the list of ETFs that are available.
Legend | CLAYMORE FUNDS1 | HORIZON FUNDS | ISHARES FUNDS |