Can I hold inverse ETFs in my RRIF?
Thank you for your question, Michael.
The federal government sets out the rules for qualified investments for registered accounts such as Registered Retirement Income Funds (RRIFs). The rules that apply to self-directed RRIFs are generally the same as those for Registered Retirement Savings Plans (RRSPs). For more information about eligible investments, go to the Canada Revenue Agency’s information for self-directed RRSPs.
Learn more about inverse exchange-traded funds (ETFs) in this article about Speciality ETFs.
Speak to a registered financial advisor for advice about your options for investments in your RRIF.