June 13, 2008 Morning Spot

This is Jeff Wareham, ScotiaMcLeod Wealth Advisor, with some thoughts for investors outgrowing their mutual funds.



June has been a rather volatile month for investors.



Tomorrow on Beyond Funds Market Weekly, I will discuss the week’s performance, and look at alternatives for investors outgrowing their mutual funds.



Many investors like mutual funds because they are relatively simple…once you buy them, there is little work involved.



This simplicity comes at a real price. Canadians pay the highest management expenses in the world. The management fees in a typical mutual fund solution will cost you about one quarter of the historical return of the Canadian market. Many of the mutual fund companies add real value, but it is tough for them to beat the index with the drag of a 2.5% management expense.



Learn about alternatives that give you access to these great asset managers, without the crushing burden of the management fees



For a review your portfolio, or a complimentary copy of my CD, visit, www.beyondfunds.ca or call me, Jeff Wareham, at 519 660 3260.

This program is for information purposes only. Fees, management fees, and commissions may be associated with mutual fund investing.

Investors should consult their prospectus before investing. Views expressed are those of the author, not Scotia Capital. ScotiaMcLeod is a division of Scotia Capital Inc, member CIPF.