Low Management Expense Ratios
I wanted to see how my management fees on my TD mutual funds compared to the TD's e-Series funds. I found that I can cut my fees in half.
TD funds | Current | e-Series | |||
MER | MER | ||||
Cdn Bond Index | 0.91% | 0.48% | |||
Cdn Equity Index Pure | 0.88% | 0.31% | |||
Cdn Equity | 2.25% | na | |||
US Equity | 2.47% | 0.33% |
Searching through the funds wasn't an easy task and I found for some funds such as the Canadian Bond Index fund, there were 4 almost identical funds all with differing management fees ranging from 0.48% to 1.07%. I examined both the portfolio performance as well as the holdings and the differences amounting to less than 0.2% in favour of the e-Series.
My obvious choice is to sell my existing funds and switch to the e-Series. Since all the funds are held in my RRSP, I won't be facing taxes on my dispositions.
A listing of all the available e-Series funds can be found here:
http://www.tdcanadatrust.com/mutualfunds/prices.jsp
0 Comments:
Post a Comment
<< Home