Comments on: Reader Question: Recommended Mutual Funds

By: FrugalTrader

FrugalTrader — Thu, 10 May 2007 18:22:50 +0000

Fab: Whether or not income funds are better in/out of your RRSP depends on your financial situation and the fund itself. Check out my investment tax articles and see where it would work better for you. In general, if you have a regular employment income, it will probably work out better if those income funds were held inside your RRSP. However, if you live in BC, you can make up to $70k in employment income and dividends without being taxed in the dividends.

By: ThickenMyWallet

ThickenMyWallet — Thu, 10 May 2007 15:35:51 +0000

I remember John Reynolds, author of the Naked Investor, saying in a television interview that the Saxon family of funds is worth exploring (he also mentioned PH&N).

By: Mike

Mike — Thu, 10 May 2007 03:01:59 +0000

Thanks FT.

Fab – the reported performance of mutual funds is always after all the fees are deducted (which is one of the reasons why they are supposedly ‘hidden’).

I think income funds would be better in an rrsp.

By: Fab

Fab — Thu, 10 May 2007 02:00:45 +0000

Thanks FrugalTrader for discussing mutual funds.

I read somewhere that monthly income funds are more suitable for non registered portfolio… but don’t really get why it would be?

When looking at the performance of a fund, are the fees (MER) removed already?

I just tried GlobeFund.ca : nice! Better than stockhouse.ca which I discovered a few days ago.

By: FrugalTrader

FrugalTrader — Wed, 09 May 2007 22:17:00 +0000

Good call Mike. I actually have an upcoming article on the subject.

By: Mike

Mike — Wed, 09 May 2007 20:37:29 +0000

I would recommend the TD Online index funds – lowest costs all around.

CC had a good post about this

http://www.canadiancapitalist.com/2007/05/02/low-fee-mutual-funds