Archive for July 2021

For many Canadians, owning a home is a sign of personal and financial success – a rite of passage signalling that you’ve made it on your own (maybe with some help from mom & dad). Just over two-thirds of Canadian households own their home, which puts us ahead of countries like the United States, Australia,…

For years I’ve railed against Canada’s mutual fund industry for high fees, conflicts of interest, underperformance, poor disclosure, and lack of accountability. But today I’m going to zero-in on another major problem with mutual funds in Canada – closet indexing. Canadian equity mutual funds sold by Canada’s big banks, in particular, are some of the…