CADE
Cadence Bank
stock NYSE

Hey everyone, just finished cleaning up my allocations across my TFSA, RRSP, and Non-Reg. I’m heavily focused on Factor Investing (Small-Cap Value, Momentum, Quality) and trying to be as tax-efficient as possible.
Here’s the logic:
• TFSA (CELI): Using the new CIBC Avantis CAD-listed funds (CAUS, CACE, CADE, CAEM, CAUV). I know some are super new/not fully listed on all trackers yet, but they’re great for getting Avantis factors in CAD.
• RRSP (REER): Sticking to US-listed Dimensional (DFA) and Avantis (DFAC, DFIC, DFEM, AVUV, AVDV). This is to dodge the 15% withholding tax on dividends and keep the internal yield high.
• Non-Reg: 100% Global X (Horizons) Corporate Class (HXS, HXCN, HXDM, HXEM). Since I’m a civil servant, I want to avoid taxable dividends and turn everything into deferred capital gains.
Rebalancing Rules:
• TFSA/RRSP: Rebalance every 3 months if a position drifts by 3%.
• Non-Reg: Rebalance annually (January) if it drifts by 5%.
Current Geo Split: \~53% US / 20% Canada / 15% Int / 11% EM. Plus some small satellite plays in energy/robotics (TNZ, PNG).
Does 3% drift for rebalancing seem too "active," or is it worth it to keep the factor tilts tight? Any red flags you see?
Cheers

Hey everyone, just finished cleaning up my allocations across my TFSA, RRSP, and Non-Reg. I’m heavily focused on Factor Investing (Small-Cap Value, Momentum, Quality) and trying to be as tax-efficient as possible.
Here’s the logic:
• TFSA (CELI): Using the new CIBC Avantis CAD-listed funds (CAUS, CACE, CADE, CAEM, CAUV). I know some are super new/not fully listed on all trackers yet, but they’re great for getting Avantis factors in CAD.
• RRSP (REER): Sticking to US-listed Dimensional (DFA) and Avantis (DFAC, DFIC, DFEM, AVUV, AVDV). This is to dodge the 15% withholding tax on dividends and keep the internal yield high.
• Non-Reg: 100% Global X (Horizons) Corporate Class (HXS, HXCN, HXDM, HXEM). Since I’m a civil servant, I want to avoid taxable dividends and turn everything into deferred capital gains.
Rebalancing Rules:
• TFSA/RRSP: Rebalance every 3 months if a position drifts by 3%.
• Non-Reg: Rebalance annually (January) if it drifts by 5%.
Current Geo Split: \~53% US / 20% Canada / 15% Int / 11% EM. Plus some small satellite plays in energy/robotics (TNZ, PNG).
Does 3% drift for rebalancing seem too "active," or is it worth it to keep the factor tilts tight? Any red flags you see?
Cheers