033 | Why 98% of Canadian Mutual Funds Are Losing to the Market (Part 1/3)
Most Canadians have no idea how their money is actually invested — and the stats show that 77% of investor dollars are sitting in actively managed funds at the big banks. In this first episode of a three-part investing mini-series, Scott and Chris break down what active management actually is, why it's still so common in Canada, and what the data says about whether all those highly paid fund managers are actually beating the market. Spoiler: over the last 10 years, less than 2% of Canadian equity mutual funds beat their benchmark. You'll learn how fees quietly eat into your long-term returns…
The skinny
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