Mutual fund fashion - MoneySense

Mutual fund fashion

While ETFs have been stealing the investment spotlight of late, mutual funds remain central to Canadians’ retirement savings.

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  • 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.

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