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.

Rocky

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.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Canadian Imperial Bank of Commerce Discussions

Title Updated Last By Comments
News CIBC cuts 500 jobs in past 2 weeks: Wall Street... (Feb '15) Feb '15 Tim Hortons News 1
News Weekly 52 Week Highs Highlight: CM, PBA, UN, CL (May '14) May '14 Barney 1
News TEXT-Fitch rates CIBC World Markets Plc (Nov '12) Nov '12 George 1
News BCM In Depth: Guide To The iPath Pure Beta Broa... (Nov '12) Nov '12 George 1
News CIBC Looks for Takeovers Outside Canada, Chief ... (Jan '10) Jan '10 richard rambo 1
News Cormark Securities Hires Analyst Darko Mihelic ... (Jan '10) Jan '10 Elaine 1
News Arctic could be plunged into "armed conflict : ... (Feb '08) Feb '08 Canada 1
More from around the web