Aug 22 2006
Way to Go Mutual Fund Companies in Canada
- 1 Comment
Canadian Capitalist
has a good post over at his site that talks about a recent study showing us that the “fees charged by the median fund in Canada is the highest among 18 countries covered by the study in every fund category.” This is amazing. Please check it out - but for those of you who are investing in these mutual funds - please continue to do so so that my IGM Financial shares can continue to keep going up!
[...] Keep your costs of investing low. If you are in Canada like me, then you are totally getting hosed on mutual fund fees. Buy only low cost index funds or mutual funds. Don’t believe the myth of you get what you pay for - it DOES NOT apply to mutual funds. [...]