Norbert’s Gambit: How ETFs from Global X Can Help You Save on CAD & US Dollar Conversion

Описание: Currency exchange fees can take a big bite out of your money when converting Canadian dollars to U.S. dollars. Some banks and brokerages charge a 2-3% spread—meaning on a $10,000 CAD conversion, you could lose $200-$300 in fees!

Norbert’s Gambit is a savvy strategy that can help Canadian investors dramatically cut down on these costs. By using ETFs like DLR | DLR.U and CBIL | CBIL.U from Global X, you can convert CAD to USD with minimal fees. In this video, we’ll break down how Norbert’s Gambit works, the potential savings, and key considerations to keep in mind before you try it.

Learn more about Global X ETFs and how they can help with Norbert’s Gambit: https://www.globalx.ca/news/press-rel...

Timestamps:
00:00 Intro
00:13 The Cost of Traditional Currency Exchange
00:58 How Norbert’s Gambit Works
01:31 Using Global X ETFs for Norbert’s Gambit (DLR | DLR.U & CBIL | CBIL.U)
02:25 Key Considerations & Risks
02:52 Final Thoughts

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