Mutual Funds – The Profit Goes to the Managers, Not the Investors. Consider ETF’s

In a recent blog, I expressed the view that ETF’s were better investments than many mutual funds. A recent report on Mackenzie Financial Corp Canadian Shield Fund illustrates the point. Nat’l Post July 13, 2011 This fund started up late 2009 and raised more money subsequently totaling just under $200 million. The fund was seeking…