Sunlife Group Retirement Investment Fees

xgbsSS wrote: ↑ Those are the exact MER fees you pay. The ones on the Sunlife website are ones you would pay if you were to go on your own to Sunlife. When an employer or company does it, they often get cheaper plans with decent management fees for their employees as they attract a larger number of accounts and money.

For simplicity, ease and the likely fact that you get matching or employer contributions, it is perfectly fine to go with these funds longer term. If you do want more control, buy your own funds etc., you can consider transferring out from Sunlife to your own accounts. Keep in mind though the transfer fees, and any vesting periods (for example, an employer match may only be eligible if you keep the money in the funds for one year, you need to find your plan's specifics). It has to be worth the effort

GerryFolds wrote: ↑ Also for anyone curious or have any pointers I am in the following:
30% BLK Bond Index Fund - 0.19%
20% BLK Global Equity Index - 0.38%
25% BLK S&P/TSX Comp Index - 0.18%
25% BLK US Equity Index Reg - 0.19%

GerryFolds wrote: ↑ Also for anyone curious or have any pointers I am in the following:
30% BLK Bond Index Fund - 0.19%
20% BLK Global Equity Index - 0.38%
25% BLK S&P/TSX Comp Index - 0.18%
25% BLK US Equity Index Reg - 0.19%

S5 wrote: ↑ What’s in the Global Equity Index? If it’s a truly Global fund you would have duplication of US equities. To properly complete the other 3 low cost funds, you’d need an EAFE fund or preferably EAFE + EM. Alternatively, lose the US fund and go with a 3 fund portfolio with 45% in the Global fund.

xgbsSS wrote: ↑ +1.

Since this is a group plan BLK global, I know the composition is this...
http://cobrands.morningstar.ca/ProfileS ... FOUSA06OXA

Thalo wrote: ↑ So, the global fund is actually majority U.S.. The OP can probably just omit the U.S. index fund.

Nothing wrong with the selection, but as Dr. Krieger says, you don't need to go purely by lowest fee. They're all good deals, thanks to your employer probably having pretty good economies of scale. If this is something you're regularly dollar-cost-averaging into, why not omit the bond fund (or are you 10 years away from retirement)?

GerryFolds wrote: ↑ I put the bond fund in there to have a similar percentage of bonds as my age, and I also believe this momentum can’t stay up forever and when it turns and markets correct I’ll buy more equities and even sell off my bonds to keep the ratio intact. Hopefully my thought works out, I’d prefer to be balanced this way for peace of mind as well.

GerryFolds wrote: ↑ Also for anyone curious or have any pointers I am in the following:
30% BLK Bond Index Fund - 0.19%
20% BLK Global Equity Index - 0.38%
25% BLK S&P/TSX Comp Index - 0.18%
25% BLK US Equity Index Reg - 0.19%

Deepwater wrote: ↑ How are you investing yourself, and what did you hold that did worse than your Sunlife group RSP?

You probably could not get such low fees yourself going direct to Sunlife. Assuming BLK means they are getting funds from Blackrock, you could get the same (or very similar) Blackrock iShares ETFs with even lower fees through a discount broker.

https://www.blackrock.com/ca/individual ... &fst=50567
BLK Bond Index Fund = XBB
BLK Global Equity Index = XEF
BLK S&P/TSX Comp Index = XIC
BLK US Equity Index Reg = XUU

TrickleDownEconomics wrote: ↑My wife's work RSP is also through Sunlife. For the US and international allocation they offer   BLK US Equity Index Reg and BLK EAFE Equity Index at 0.23 and 0.3 MER, respectively.

However, for Canada, they only offer the Beutel Goodman Canadian Equity (0.43 MER) which has traditionally outperformed but has horribly underperformed last year...

kangarooz wrote: ↑ATM i think the US market is extremely low and I am all in 100% with BLK US Equity Index Reg (0.28%). What do you guys think?

S5 wrote: ↑ The idea that the US market is extremely low is ludicrous. S&P500 is 580% above its March 2009 low and less than 6% below its all time high. Not remotely cheap by any available measure.