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Wealth Professional | 17 Jun 2015, 09:15 AM Agree 0
The world’s biggest regulator is turning up the heat on fee-based players on a product that they’ve backed to the hilt.
  • Ross Birney | 17 Jun 2015, 10:19 AM Agree 0
    Will, I don't see how this story in any way relates to mutual funds. Perhaps a different title may have been more appropriate.
  • Will Ashworth | 17 Jun 2015, 04:32 PM Agree 0
    Ross, thanks for the comment.
    That headline was used because mutual funds, at least from the client's perspective, are much easier to understand how they work, and thus less prone to regulatory interference.
    But, yes, another headline might have been more effective.
  • Ross Birney | 17 Jun 2015, 06:02 PM Agree 0
    Will, the problem is that far too often, the media (no offence intended) group mutual funds, ETFs, closed end funds and alternative investments together as if they're all the same thing. This only serves to add confusion on the part of the investing public.

    A regular ETF is actually much more straightforward, simpler in structure and easier to explain to a client than a mutual fund.
  • robert | 17 Jun 2015, 09:13 PM Agree 0
    Mr. Degoey

    You hit the nail on the head.

  • Will Ashworth | 18 Jun 2015, 10:08 AM Agree 0
    If anyone's interested, the CSA is looking at ETF sales practices.

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