August 4, 2008 Morning Spot

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



Happy Civic Holiday.



Summer is passing quickly, but the dog days of summer do not mean that your money should take time off.



Your mutual fund management fees do not take the summer off.



Take a few minutes to consider the impact of paying too high a management fee on your funds…paying one percent too much on a half million dollar portfolio means you are paying nearly $500 extra per month.



This has a real impact on your long term return.



As you take time off this summer, ask yourself, have you outgrown your mutual funds?



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.