Best Mutual Funds for Non registered accounts

I also hold MAW105 but in my registered account. I've got enough room in my registered to hold the mutual fund allocations I want - I've got stocks mostly in my registered accounts that I've no room for in my TFSA. Haven't contributed to RRSP yet, saving that up for later years when I'm making more money.

To be honest, when I look at funds, I pay more attention to performance than tax efficiency. If that's what you're looking for, buy ETFs instead of mutual funds, or those that don't pay dividends.

What's wrong with MAW105? It's tax effective the last time I checked, but again, I bought it mostly because of its performance, not for its tax effectiveness.

Jon Lai wrote: ↑I also hold MAW105 but in my registered account. I've got enough room in my registered to hold the mutual fund allocations I want - I've got stocks mostly in my registered accounts that I've no room for in my TFSA. Haven't contributed to RRSP yet, saving that up for later years when I'm making more money.

To be honest, when I look at funds, I pay more attention to performance than tax efficiency. If that's what you're looking for, buy ETFs instead of mutual funds, or those that don't pay dividends.

What's wrong with MAW105? It's tax effective the last time I checked, but again, I bought it mostly because of its performance, not for its tax effectiveness.

http://www.mawer.com/mutual-funds/fund-profiles/

The reason I hold the MAW105 in a non registered account is because it lists on that page (for taxable investors)
The manager intends to achieve its objective of attractive long-term risk-adjusted returns with a measure of stability by tax effectively investing in Canadian, US, and International equity securities, as well as bonds and debentures of Canadian government and corporate issuers

In a registered account you'd probably want to hold MAW104, but then again they are both pretty similar since they are both balanced active portfolios.