Impact of fund management fees

Mutual funds remain one of the most popular investment vehicles for Canadians. With investors regaining confidence, money is likely to start flowing back into funds. If you have over 100,000 invested, and are considering adding to your mutual funds, remember that Canadians pay the highest fund management fees in the world, It is easy to overlook the impact of fund management fees in a rising market, but these fees have a dramatic impact on your long term investment return. Over the long term, management fees may cost you hundreds of thousands of dollars, and significantly reduce your rate of return. Why not get a second opinion?

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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