Nope. I suspect the Tangerine Fund has a lower cost - if indeed it is the case pick the Streetwise fund that roughly matches the asset allocation of your Growth Fund (probably 75% stocks / 25% equities or something of the sort).
There probably is.martbob wrote: ↑ Ok so I see from those pages that tangerine is 1.07% and national bank is 1.50%
https://www.nbc.ca/en/rates-and-analysi ... funds.html
https://www.tangerine.ca/en/investing/i ... index.html
So just for that it's a good move ?
There is probably fees to transfer RRSP from a bank to an other?
Your totaly right. Voilà https://www.nbc.ca/content/dam/bnc/en/p ... es/965.pdf******* wrote: ↑link doesn't work. Thats your login pagemartbob wrote: ↑Can't find the code. Its this fund
https://bvi.bnc.ca/bnc/page?BPPA=BPPA16 ... %2F838.pdf
What is the actual FULL name of the fund?
First think, thanks for the detail response! (to answer your question I do have someone that give me advice but it's not worth paying something)******* wrote: ↑ The National Bank growth portfolio you have is a relatively discretionary managed portfolio (i.e. "relatively" as they continuously rebalance to their original allocations - but have discretion in what % they hold, switch, sell). The total fees (management and MER) of this fund is 1.88%. Typically someone with this fund (must have over $100k invested) will be receiving on going advice from council at NBC. Are you getting advice?
Both the Tangerine Balanced Growth and NB growth portfolio are considered global balanced - from an asset allocation standpoint, although their allocations to each category are slightly different. Tangerine has slightly more fixed income (Ex. bonds) than does the NB portfolio (based on recent data). When comparing similar inception returns (using the tangerine funds start Jan 1 2008). Since 2008 to YTD, the Tangerine fund and the NB port have both returned on average about 6.45%. Jan 1 2008 - July 31, 2016.
Given this, there is little difference between the two (from an expected return point of view). There however may be differences in volatility (standard deviation) in the short term. While the Tangerine fund will always under perform the market by its MER, the managed portfolio seeks to outperform the market it is benchmarking against (whether this will happen is uncertain). If you are going to index and do not want/need the help of an advisor, you should be looking at a lower cost index funds that would do that same thing as the Tangerine fund, but at a much lower cost.
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