Wrap accounts are stars of RRSP season

Wrap accounts are stars of RRSP season

There are 1 comment on the Globeinvestor.com story from Mar 15, 2007, titled Wrap accounts are stars of RRSP season. In it, Globeinvestor.com reports that:

Mutual fund-of-funds, or so-called wrap accounts, are dominating industry sales this registered retirement saving plan season.

Join the discussion below, or Read more at Globeinvestor.com.


United States

#1 Mar 15, 2007
Wrap accounts are a lousy deal for individual investors, because of the high fees associated with such accounts. It's too bad very low cost investment alternatives, such as Vanguard index funds, are not available to Canadian investors. But then they are used to overpaying for just about everything anyway.

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