Tag: Mutual Finds Posts

My Current RRSP Investment Portfolio


I’ve gone through various mutual fund companies and financial planners over the years, but ultimately decided last year to take my finances into my own hands and manage my own portfolio. My main issue with the financial planning/advice market is that there is an inherent conflict of interest in most of the advice given out. Yes, a par-life plan may in fact be a great investment vehicle, but when your purchase of one results in a $1,000 bonus for the financial planner, how can anyone ever be sure that the advice was given solely because it was in your best interest? Also, most mutual funds have trailing fees build in, which are effectively sales commissions that go back to financial planners who sell them. The majority of mutual funds presented to clients of financial planners have MER (management expense ratios) of between 1.5% – 3.0%, with the majority (in my […]