Insane Mutual Fund Fees
I was reading the latest edition of Canadian Moneysaver, which is a great magazine that is Canadian focused but would be of value to any type of investor from any country as it touches on many key investment and personal finance topics. In one of the sidebar boxes, they had a blurb about the fees paid to one of Canada's largest mutual funds: $291,117,000 Yup, you read that right. The Investors Dividend fund pulled in that much from fees. Ok, granted the fund has over $13 billion in …