LowMer : Low Management Expense Ratio


Why you need to know what a Management Expense Ratio (MER) is!
 
If all Canadian investors clearly understood that every 1% of additional annual fees charged to their mutual fund leads to a 20% reduction in their ultimate retirement incomes, they would then become much more fee-sensitive in their selection of investment product providers.
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We are sure that all prudent investors will agree that it is wise to obtain a second opinion on your investment portfolio.

        

*Source: Association of Canadian Pension Managers