Sentences with phrase «about mutual fund fees»

«He gave us a simple quiz on growing your money and it taught me how little I really know about mutual fund fees and costs and their effect on wealth - building,»

One of the responses I received to last month's diatribe about mutual fund fees was that the average mutual fund investor did not object to them because they were unseen.

Not exact matches

Typically, people need to invest about $ 500,000 to access an investment council — some of the bigger name firms include Gluskin Sheff and Leon Frazer & Associates — but fees are lower, about 1 % to 1.5 % of total assets, instead of a 2.5 % fee on an individual mutual fund, says Mackenzie.

For example, a couple nearing retirement with a $ 750,000 retirement portfolio would pay about $ 18,000 a year in fees if they were completely invested in typical mutual funds.

But he lied about the mutual funds» performance that he was pitching, the fees they were charging, the commissions he was charging, and a few more I can't remember now.

Mutual funds, and the bank representatives that push them, consistently lie about the fees they are charging.

Some plan sponsors have been sued for poorly performing portfolios, others for failing to educate participants about the risks of investing, but many observers predict a wave of legal action over the fees — high fees and hidden fees — embedded in the mutual funds that underpin so many retirement accounts.

The fees we charge investors (and ourselves as investors) are about half that of the average actively managed mutual fund, while our margins are probably twice as large.

In other words, an investor smart enough to put $ 10,000 in some plain vanilla index fund at the start of 2013 likely had about $ 13,000 by the year's close, and that's not counting dividends (or subtracting brokerage or mutual fund fees).

This would mean every sales pitch would require clear disclosures about fees and restrictions, just like mutual funds.

Trading Mutual funds of No Load type will give you a direct profit share and you do not have to worry about fee involved etc..

A no - load mutual fund, by contrast, charges no commissions and costs only a small amount per year in management fees — at Vanguard, about 0.2 percent.

Using detailed data from two large Canadian mutual fund dealers (accounting for about 5 % of their sector) for 3,276 Canadian financial advisors and their 488,263 clients, and returns and fees for 3,023 associated mutual funds, during January 1999 through December 2013, they find that:

Bank funds tend to have lower than average mutual fund management fees, but in their mix, the average fee charged for equity funds is about 1.8 per cent.

You can learn more about bond mutual fund fees here.

An agent does get a fee for handling such transactions, but should be very knowledgeable about the mutual fund market.

The advantage of ETFs, is that you can buy a diversified investment without having to pay the associate trading fees if you bought a number of stocks, and the ETF management fees are considerably lower than their mutual fund counterparts, about.1 % vs. 1.5 % respectively.

Straight Talk About Fees and Penalties on Mutual Funds

(When people predict future downward pressure on mutual fund fees I tell this story about iPods and convertibles.

If you're a typical Canadian, who invests primarily through mutual funds, you already hand over about $ 2,000 a year in fees for every $ 100,000 you have invested.

On the other hand, the fee at the average mutual fund in Canada is about 2.5 %.

Mutual funds fail to beat the market by about their fees... so, if you MUST «invest» at such a simple level, at least buy a super-low-cost Index Fund.

Learn about considerations for investors when buying shares in a mutual fund for a long - term investment, including fees, type of management and portfolio goals.

Bank funds tend to have lower than average mutual fund management fees, but in their mix, the average fee charged for equity funds is about 1.8 per cent.

Additionally, fee - based investors tend to be less negatively impacted by mandated disclosures, since commission - based accounts often include embedded fees paid by the mutual fund companies that investors may not know about.

You have read articles about how high mutual fund fees are, and you wonder why people buy them.

I've made similar points myself about Canada's industry: can the mutual fund industry (which charges fees considerably higher than America's) really be motivated to tell young investors about the existence of lower cost and more tax - efficient ETFs?

Add to that management fees of about 1.5 % for his mutual funds and the Boysons» total investing costs would soar to 3 %, or $ 39,000 a year.

We learned all we could about mutual funds, especially the fee structure.

Keeping costs low is essential, and most Canadians are paying far too much: about $ 1 trillion is invested in mutual funds, many with absurdly high fees of 2.5 % or more.

If you're using mutual funds in a tax - sheltered account, then there are no brokerage fees or capital gains taxes to worry about, so frequent rebalancing is probably fine.

Self - directed investing is the alternative to mutual funds, and I'm part of the camp that believes in self - directed investing because it allows you to save on fees, learn about finance, and potentially post market - beating returns.

That's about the annual management fee for some mutual funds.

Just last month it saved me $ 150 in annual mutual fund fees that I had no idea about!

If I had absolutely no knowledge about investing, I would have likely used a financial adviser from a place like Edward Jones or Ameriprise Financial (AMP), and end up paying 1 % — 2 % / year in adviser fees and mutual fund fees.

I read something in a book the other day about mutual fund companies that continue to charge 12b - 1 fees on mutual funds that are closed to new investors.

One very important thing to keep in mind about the «comparison» above is that the management fees were kept the same and the load was a little higher than a mutual fund would charge for 100K.

These firms will build and maintain a portfolio made up of their own low - cost mutual funds for about 1.2 % in fees.

Currently, a typical mutual fund holder pays about $ 2,500 a year in annual fees on a $ 100,000 portfolio.

They acquire an emerging markets mutual fund here and a gold ETF there, plus a few stocks they read about in the paper, and before you know it, they have no idea what they're invested in or how much they're paying in fees.

If you're concerned about how much you might be paying in mutual fund fees, check out this free tool called FeeX which will scan your portfolio and tell you how much you're losing to fees.

For example, a recent Morningstar fee study showed that the average asset - weighted expense ratio for all actively managed mutual funds is roughly 0.80 % compared with about 0.20 % for index funds and ETFs.

I've written about CDN bank wrap mutual funds a few times and this move really isn't much of a surprise when you examine the amount of fees they generate by offering a «professional product».

They have six funds with fees that are about 25 % -50 % cheaper than most retail mutual funds.

But what about investors who invest in typical mutual funds that charge a fee of 2.5 percent.

The best mutual funds are invariably offered by companies that are transparent and upfront about their fees and operations, and they do not try to hide information from potential investors or in any way mislead them.

I'm surprised they didn't talk about fees and the fact that the index funds still beat 60 % of active mutual fund managers.

The good thing about ETFs is that they cut the management fees you pay to an absolute minimum — in most cases, less than a quarter of what you would pay for an equivalent mutual fund.

You may want to talk to your HR department about the high fees for the mutual funds in your group RRSP.

Wealthsimple charges a 0.5 % management fee and the ETFs charge about 0.15 %, while a traditional mutual fund investor pays 0.72 %.