Fees Charged on Mutual Funds

Fees Charged on Mutual Funds

If you’re an investor with average knowledge of the markets, chances are you’ve put most of your money into mutual funds. Makes sense: these funds diversify your investments and put your money into a large pool with others. The biggest criticism of mutual funds is that the fees, most of them hidden, eat away at your investments. A number of studies have shown that in Canada we pay some of the highest mutual fund fees in the world. Here’s a breakdown of what the fees are and what they’re used for. Continue reading »