Methodology for the best robo-advisors in Canada ranking (MoneySense Disclaimer)

*All stated returns are for a balanced portfolio made up of 50% to 60% stocks and 40% to 50% bonds, net of fees, as of Dec. 31, 2023, except CI Direct’s, which are net of fund management expense ratios (MERs) but not the provider’s management fee and taxes. All performance figures are denominated in Canadian dollars and assume the reinvestment of distributions. Three- and five-year returns are annualized. Modern Advisor’s and CI Direct’s performance figures assume daily rebalancing. The performance figures may differ from clients’ actual account returns due to the timing of deposits, withdrawals, buys and sells, and reinvestment of distributions.

See https://www.moneysense.ca/save/investing/best-robo-advisors-in-canada/ for full article.  Past returns are not an indicator of future performance.

Data as of Sept 30, 2024

Source: Morningstar Direct

* The information presented above was obtained from sources which we believe to be reliable, but we cannot guarantee the accuracy of the information. The information does not constitute financial, tax, legal or any other kind of advice, nor is it an offer to buy or sell any securities. Rates of return are presented in Canadian dollars, annualized, and are net of the fees indicated. For additional details on the calculation of Justwealth rates of return, please refer to the disclosure on our performance page. Past performance is not a guarantee of future returns.