The Big Bite – RRSP/Mutual Fund Fees
Many Canadians invest their retirement and other savings in mutual funds, frequently on the advice of “financial advisors”/mutual fund salespersons. Remarkably, a lot of these Canadians don’t know how much they are paying in fees, and even more important, how big a bite even seemingly small annual fees can take out of their savings. Canadian mutual funds charge the highest fees of any advanced country. Over the 30 or more