MAW104 Alternatives
Any alternatives to MAW104 fund with a very low initial investment amount?
Feb 27th, 2020 3:04 pm
Feb 27th, 2020 3:19 pm
Feb 27th, 2020 3:41 pm
Feb 27th, 2020 6:10 pm
I'm with TD.IrwinW wrote: ↑ Which broker are you with?
Scotia has Class D
- minimum $500
- MER 1.12%
- underperforms MAW104
https://www.scotiafunds.com/scotiafunds ... -fund.html
Feb 27th, 2020 6:28 pm
RBF1350 looks like I can buy it at TDDI with a $1000 minimum. TD's policy is if you try to buy an A series fund they will redirect you to the equivalent D series fund if one is available.dainfamous41 wrote: ↑ I'm with TD.
Feb 27th, 2020 6:52 pm
The only TD Mutual Fund I'm familiar with is TDB3042 which is a US balanced fund.dainfamous41 wrote: ↑ I'm with TD.
Feb 27th, 2020 6:59 pm
Feb 28th, 2020 6:50 pm
More conservative at this point. I mostly have TD e-series funds in other accounts. I'm only repaying back my HBP this year for a total of $1547, so just need something to invest it in. MAW104 has subsequent reinvestment amount of $5000, so won't work.porticoman wrote: ↑ OP, why mutual fund?
what are your investment expectations over what time period?
Feb 29th, 2020 6:58 pm
Mar 1st, 2020 3:44 pm
Are discount brokers still allowed to offer class A?IrwinW wrote: ↑ RBF1350
- minimum $500
- MER 0.88% for Class D (only at RBC Direct Investing)
- MER 1.97% for Class A (RBF7350) at other brokers
https://www.rbcgam.com/en/ca/products/m ... 350/detail
Money Smarts Blog wrote: ↑I agree with the previous posters, especially Thalo. {And} Thalo's advice is spot on.
Mar 1st, 2020 8:59 pm
Oh yeah, considering many funds aren't even offered as Series D.
Mar 5th, 2020 9:16 am
There's upcoming regulatory changes though that will stop them, and I think still a class action suit against them for profiting off of full trailing commissions all those years...
Money Smarts Blog wrote: ↑I agree with the previous posters, especially Thalo. {And} Thalo's advice is spot on.
There is currently 1 user viewing this thread. (0 members and 1 guest)