Friday, July 17, 2009

it really is important to revamp your portfolio

Canadian investors pay the highest management fees in the world. Over the last ten years, North American markets have experienced essentially no growth. As a result, many listeners may have mutual funds that have been around for years, with little or no growth, and frequently with significant losses. Over the past few years, I have spoken frequently about the impact of management fees on the long term growth of mutual fund portfolios. It is highly unliikely that we will see another 10 years of zero growth, but it really is important to revamp your portfolio, and ensure you have your costs under control. Tune in tomorrow at 9:30, for Beyond Funds Market Weekly, and I will give you some ideas on rebuilding your portfolio, and controlling your costs, in this difficult market environment.

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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