Comments on: Altamira Precision Series Index Funds

By: CIBC Index Mutual Funds

CIBC Index Mutual Funds — Thu, 19 Feb 2009 16:36:26 +0000

[...] line up includes funds, which track indices, that are not available through TD e-Series funds or Altamira Precision Series [...]

By: DIY Smith Manoeuvre, Part 3

DIY Smith Manoeuvre, Part 3 — Thu, 13 Dec 2007 00:23:29 +0000

[...] TD Mutual funds is my favourite but CIBC Mutual funds (if you qualify for their MER rebate) and Altamira are competitive [...]

By: Canadian Dollars

Canadian Dollars — Fri, 30 Nov 2007 20:57:49 +0000

Just tried to place an order at Etrade and they required 5000 minimum No worries though.

By: Canadian Capitalist

Canadian Capitalist — Thu, 29 Nov 2007 19:46:29 +0000

CD: Good question. The minimum initial investment is $1,000 and subsequent investments are only $50. You can start a systematic investment for just $25.

By: Canadian Dollars

Canadian Dollars — Thu, 29 Nov 2007 19:26:24 +0000

Hi CC,

What’s the minimum initial investment amount for the Precision Series Index Fund? $2K ? $5K?

By: Canadian Capitalist

Canadian Capitalist — Thu, 29 Nov 2007 15:46:36 +0000

Stefan: Our sons' RESPs are with TD e-Series funds also and we get the CESG deposited correctly. Some readers commented on this post that the Canada Learning Bond and the extra CESG paid to low-income families are not correctly deposited in TD Mutual funds.

By: Jon D.

Jon D. — Thu, 29 Nov 2007 14:43:29 +0000

I refer to that bylo page frequently, as well as that nice Globefund filter which I assume is kept more upto date.

Using the mutual fund fee calculator it’s easy to see that 0.5% mer is not going to destroy potential returns, esp. if compared to frequent trade commissions on smaller lots .
http://www.investored.ca/IefCalculators/Calculators/MutualFundFeeImpact/

By: Stefan

Stefan — Thu, 29 Nov 2007 14:27:08 +0000

Can you explain more about RESP’s and TD eFunds not being optimal? I don’t recall reading any posts on that… I have my sons RESP in TD eFund indexes and the CESG comes in no problem…

By: Canadian Capitalist

Canadian Capitalist — Thu, 29 Nov 2007 12:10:00 +0000

Darren: Vanguard mutual funds are not available in Canada. TD e-Series funds are more expensive than Vanguard but are among the cheapest in Canada. You may want to consider ETFs depending on the size of your portfolio.

DJ: I will link to Bylo’s index funds page.

By: DJ

DJ — Thu, 29 Nov 2007 03:48:43 +0000

nicely summarized here of course: http://www.bylo.org/idxfunds.html

DC: should you consider Vanguard’s ETFs? : http://www.vanguard.com/jumppage/vipers/