Dopple: Russell Asset Management's Balance
Growth wrap account, one of the best performers in Canada and with a similar mandate as the sleepy portfolio (and actively managed), has a 5 - year annual average return of -0.98 % (menaing it's down approx. 5 - percent over the five years) while the above portfolio has a postive return.
Not exact matches
The figure below shows the
growth of $ 10,000 invested into
Wrap account since inception.
A
wrap account mutual fund is essentially a pre-packaged portfolio of mutual funds that target different styles of investing (income,
growth, balanced, index) which help clients to hold and advisors to sell.