At the highest tax bracket, you would have lost almost half of that to taxes, reducing your return by about 80 basis points. (moneysense.ca)
The portfolios do not reflect the deduction of fees and expenses that a client would incur, which would have the impact of reducing the returns of each portfolio. (regentatlantic.com)
Lower Initial Returns: Higher upfront costs reduce returns in the initial years of your policy. (valuepenguin.com)