Friday, June 12, 2009

Cdns pay highest mutual fund mgmt fees in the world

A lot has changed over the last few months, but one thing remains consistent. Canadians continue to pay the highest mutual fund management fees in the world, even though most funds fail to beat the market index. Management expenses chew up abut one quarter of the historical return of equities. This gives you significantly less return for the risk you are taking. Whether you feel optimistic, or discouraged, by the market, you still need to recognize that long term, you should consider your options beyond mutual funds.

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, member CIPF

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