I have owned Mutual Funds, and know several great people in the industry, from Fund Manager and on.  But ETFs have emerged, very strongly, and if the situation were reversed, ETFs were the default choice and pervasive, could Mutual Funds penetrate the marketplace?  No, was the resounding answer, unless you are a highly specialized niche Mutual Fund.  It’s akin to Bell’s landline service trying to stop cellular networks and smartphones.

Best Interests, Outcomes, Licensing and Advice are often included in a conversation about Embedded Commissions.  Ultimately change is occurring, and it is good, if not great, for Seniors and ALL Canadian investors.

The Beep Brief is a critical examination of the Mutual Fund Sales Channel, where Trailer Fees, Deferred Sales Charges, Embedded Commissions, etc … have escaped actionable scrutiny until this year.

You can download the Beep Brief at #6 on this link Link: Beep Brief

Other recent press surrounding this topic can be found here:

Why we’d celebrate a ban on embedded commissions for advisers

Link: Why we’d celebrate a ban on embedded commissions for advisers

Ban trailer fees and mutual fund costs will drop, CSA report says

Link: Ban trailer fees and mutual fund costs will drop, CSA report says

Why it’s hard to hope for mutual fund fee reform

Link: Why it’s hard to hope for mutual fund fee reform