With average mutual fund fees in the 2 % range and bonds paying 2 %, conservative or balanced mutual funds are destined to
pay paltry returns.
«It's a good option to consider for those who have large amounts of fixed income and have several hundred thousand dollars in GICs
paying a paltry return of 1.5 %,» explains Talbot Stevens, author of The Smart Debt Coach.
Not exact matches
Instead of a 2 - per - cent
return in «high - interest» savings (a
paltry yield that barely keeps pace with inflation), it may be possible to earn 5 per cent or more in diversified dividend -
paying mutual funds.
This bond fund
pays a
paltry 1.75 % annual
return, so it is geared towards investors who are more concerned with maximizing social impact.