Questrade Mutual Funds and Trailer Fees
I noticed over at Questrade that, in addition to offering a low cost TFSA, they now offer a new feature for mutual funds. While they have reduced their mutual fund trading fee to $9.95, they also now rebate the mutual fund trailer fees back to the investor (up to 1%). Obviously, the higher the MER of the mutual fund, the closer to 1% that you’re going to get back.
Typically, a discount brokerage will keep the trailer fees as added revenue. Kudos to Questrade for putting the effort into reducing our excessive mutual fund MER’s in Canada.
One year ago, I wrote about shopping for a newborn. Where does the time go?
As CBC reports, it seems that the once mighty Nortel has finally filed for bankruptcy protection.
Five Cent Nickel writes about investing in the S&P 500 Dividend Aristocrats.
Canadian Capitalist shows the perils of tactical asset allocation.
Moolanomy illustrates income diversification.
Mrs. Micah explains how to start and manage a debt snowball.If you would like to read more articles like this, you can sign up for my free newsletter service below (we will not spam you).