The Ontario Securities Commission has produced a great online tool.
I encourage every mutual fund investor to visit the mutual fund fee impact calculator in the top right of my blog fee impact calculator...use the Canadian Equity fund average MER (management expense ratio), which is 2.56%, and use a comparative illustrative management fee of 1.3%. To use your own figures, look up your fund MER at www.morningstar.ca
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This blog has been prepared by Jeff Wareham. This opinions expressed herein are those of the writer, and not necessarily those of MGI Securities Inc. (MGI). Statistics and factual data and other information contained herein are from sources MGI believes to be reliable but their accuracy cannot be guaranteed. This information is not intended to provide specific financial, investment, tax, legal, accounting or other advice, and should not be relied upon in this regard. You should not act or rely on the information without seeking the advice of a professional. MGI is a member of the Canadian Investors Protection Fund (CIPF).
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Logos of MGI are registered trademarks or trade names of MGI Securities Inc. All other trademarks appearing on any documents are the property of their respective owners.