Traditionally, mutual funds have stood as a go-to investment strategy for those looking to grow their wealth without the effort of stock-picking. But financial columnist Christopher Liew outlines some reasons why mutual funds often aren’t the golden ticket they're made out to be, especially in Canada.
Traditionally, mutual funds have stood as a go-to investment strategy for those looking to grow their wealth without the effort of stock-picking.
Those who invest in mutual funds buy shares or units, which represent a portion of the holdings of the fund. The value of these shares fluctuates with the performance of the fund's underlying assets. ETFs and index funds replicate market indices, offering a cost-effective way to achieve diversification without the hefty fees associated with mutual funds.Mutual funds frequently fail to outperform their benchmarks. Despite the expertise of fund managers, the reality is that a majority of mutual funds in CanadaInvesting in mutual funds means putting your trust in fund managers to make the right decisions on your behalf, limiting your control over individual investment choices within the fund.
Mutual funds can also have lock-up periods, during which investors aren’t allowed to take their money out of the fund.In past times, when investors didn’t have the same direct access to the market that they have today, mutual funds stood as a simple, relatively hands-off investment vehicle. A new report from the Canadian Institute for Health Information reveals hospitals across Canada saw a significant increase in hospitalizations due to respiratory illnesses among children last year.A whale as long as a train car that died after straying into a port in Osaka last month is set to be buried until it naturally becomes a skeletal specimen for a local museum.
Suspect in death of Audrii Cunningham charged with capital murder after the girl’s body was found in a river tied to a rock
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inflation fears force hedge funds to ditch gold, increase bearish bets in silverThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Blue States, Cities Using COVID Funds to Support Illegal Immigrants'This means the Biden Administration directly subsidized ‘undocumented’ immigration under the guise of COVID-19 pandemic relief.'
Read more »
Wolfy's Pond Cup raises funds for JDRFThe annual Wolfy’s Pond Cup Tournament has entered its 11th year and has raised $28,259 for charity since its inception.
Read more »
Music Heals Charitable Foundation: Raising Funds and Awareness for the Transformative Power of Music TherapyThe Music Heals Charitable Foundation is dedicated to raising funds and awareness for the transformative power of music therapy. Music therapy has been proven to have healing effects on individuals of all ages and backgrounds, helping them improve their emotional and mental well-being. This versatile therapy practice knows no demographic boundaries and has been particularly effective in aiding children with developmental disabilities, adults with Alzheimer’s disease, and individuals experiencing anxiety or depression. Through music therapy, individuals can reconnect with their sense of self and promote healthy emotions and behavior.
Read more »
'We'll step up': Doug Ford vows action on ER wait timesThe premier first promised to end hallway health care five years ago; he said Friday he would commit funds necessary to bring emergency room wait times down to one hour
Read more »
Private Credit Cuts Pricing to Fend Off Wall Street Deal GrabPrivate credit funds are pushing down their prices to keep contested deals from falling into the hands of Wall Street banks seeking to reassert their edge in lucrative leveraged lending.
Read more »