Low Cost Means More to Invest
Being Streetwise means you never overpay for under performance – which is what happens with more than 80% of actively managed mutual funds over time*.
You might be asking "Why do so many managed funds perform so poorly? Aren't they run by smart people?" And that's exactly the problem – those smart people try to outsmart, outguess, and out-gamble the markets, by picking and choosing specific stocks and bonds. All that picking and choosing, buying and selling, racks up a lot of expenses that ultimately come out of your pocket. Every dollar you pay to an investment manager or salesperson is taken right out of your gross returns.
Streetwise Portfolios™ are completely different. We don't pick and choose specific stocks. We create portfolios of investments by buying whole market indexes. So we charge you much less in fees – just 1.07% MER (includes management, administration fees and operating expenses**) compared to the 1.96% average MER for most funds in Canada†. That's a huge difference that really adds up. See for yourself.
In addition to having a significantly lower fee, you'll also benefit from:
- No trustee or account fees
- No fees to buy or sell funds
- No sales commissions
- No Deferred Sales Charges or Loads
Think a percentage point or two in lower fees can't really make a big difference to your retirement savings? Think again. The basic fact is: the less you pay in fees, the more you have to invest.
And all the money that Streetwise Portfolios save you on fees and other charges, stays right where it belongs - in your fund, growing. After all, isn't that the point of investing in the first place?
It's fast, it's safe and it's ridiculously convenient. Want to talk to someone?
Monday to Friday 8 am - 8 pm EST.
Get Streetwise Portfolios® today.
* The S&P Indices Versus Active Funds (SPIVA®) Canada Scorecard, Year End 2011, published on May 10, 2012, indicated that over 80% of active mutual fund managers could not beat their respective market index benchmarks for the 5-year period ended December 31, 2011.
** As at December 31, 2012, the management expense ratio (MER) for the Streetwise Portfolios was 1.07%.
† As at December 31, 2010; Source: Investor Economics, Insight, September 2011.
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