Turn Your Money-Sucking Mutual Fund Portfolio Into A Winning Etf Portfolio

Imagine your $250,000 Canadian mutual funds portfolio is carrying an average annual fee of 2.30%. That’s about $5,750 in its first year. Over a 20-year period on a portfolio that returns 6% per year, that’s about $285,000 lost to fees, or an annual average of $14,250! These fees can make or break your retirement; or pay for your children’s post-secondary educations; or provide a nice down payment on a house in Toronto. You get the picture. Three hundred grand is not...