Tuesday, April 7, 2009

We Pay The Highest Fund Management Fees

Over the weekend, members of the Canadian mutual fund industry spoke
out about their concern that the new HST would increase mutual fund
mangement expenses. God forbid! We already pay the highest fund
management fees in the world, but the impact of an increase in sales
tax is suddenly a problem? Very few Canadian mutual funds beat the
index they are measured against, so the impending change is just one
more reason to get a second opinion.regarding your funds. Visit
http://www.morningstar.ca/globalhome/industry/fundtable.asp?quick=basic&starrating5=5&nodata=0
to see that even the top funds rarely beat the index.

Do you want to discuss your alternatives?
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

No comments: