Mutual fund fashion
While ETFs have been stealing the investment spotlight of late, mutual funds remain central to Canadians’ retirement savings.
- New research from BMO suggests 72% of RRSP holders have some of their money invested in mutual funds. Overall, mutual funds account for 31% of total RRSP holdings in the country. Other investments popular investments include GICs (21%), cash (20%), stocks (11%), bonds (9%) and ETFs (4%). Check out our very own Canadian Couch Potato’s defence of mutual funds.
- It’s gold stocks’ time to shine, says Bryan Borzykowski. Here are five miners who will outpace gold prices.
- Who says you can’t lose money with bonds? Just look at these numbers.