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Wealth Professional | 17 Jun 2016, 09:40 AM Agree 0
Investors Group has reduced annual management fees for four of its funds and a change in risk ratings to another
  • John | 17 Jun 2016, 10:17 AM Agree 0
    Their fees are still the highest in the industry. Who buys mutual funds anymore anyhow with ETF's around? Still blind ignorant ostriches with head in sand I guess.
  • David | 22 Jun 2016, 03:18 PM Agree 0
    John, you are way off must take into account all fees charged, not just the "dreaded" MER. Transaction fees; account fees; admin fees; etc. must all be identified as well as the amount of active vs passive management. Once all fees are accounted for, Investors Group comes in at just above the MEDIAN rate. If you are just using ETFs as investments get what you pay for so you better understand all aspects of the investment and how it fits with your overall asset base.
  • Niki | 22 Jun 2016, 07:01 PM Agree 0
    Anyone who trusts a computer and lets it decide what is in a fund might as well recommend their clients use a robot as an advisor. As for fees, you typically get what you pay for unless you are getting milked. Financial Advisors who choose index funds are really saying they have nothing to bring to the table. If you really want to save money for your clients--buy stocks! No mers and no ters!
  • Andrew | 19 Sep 2016, 10:03 PM Agree 0
    Hello John,

    You really need to do your homework. Investors Group is in the medium to low range with fees regarding the industry average fee base for mutual funds. There has been many changes to Investors Group fees over the past few years.

  • NoMERMeansHappyInvestor | 02 Dec 2016, 12:24 PM Agree 0
    Funny... Robo-advisors have a better rating than ever according to this year's MoneySense Magazine. Cheap, effective, just as capable.
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