What you said makes no sense. On the one hand you said you have trust in Mawer, but on the other hand you invest in ETFs because when markets drop, everything drops. This is not true because if you believed in active management you would believe in downside protection. Losing 50% requires a 100% gain to break even, not gaining back another 50%. If markets fell 50%, index funds will feel this at 100%. If markets fell by 50 but Mawer fell 25%, Mawer would only require 33% gain compared to 100 of index to break even.alexcalvado wrote: ↑ I don't know any other active funds in Canada from a reputable company with a long track record with a relatively low MER without any load.
You could invest millions of dollars in MAW104 and MAW105 and sleep well at night.
I don't own any because that excess 0,7-0,75% in fee matters to me a lot because it is more than 8K a year for my portfolio !
So yes you can alternatively invest in only index funds.
When the markets will drop, everything will drop : ccp index or Mawer balanced.
But everything will rise again.
So in the end, it doesn't really matter.
Point being if you have trust in any investment manager, their ability to limit losses can substantially outweigh the fees paid.