Comments on: Labour Funds Are Best Avoided http://www.canadiancapitalist.com/labour-funds-are-best-avoided/ Helping you invest and prosper Sun, 12 Feb 2012 00:54:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: One More Reason to Avoid Labour-Sponsored Funds | Canadian Capitalist http://www.canadiancapitalist.com/labour-funds-are-best-avoided/#comment-202115 One More Reason to Avoid Labour-Sponsored Funds | Canadian Capitalist Mon, 26 Oct 2009 03:37:17 +0000 http://www.canadiancapitalist.com/2006/05/15/labour-funds-are-best-avoided#comment-202115 [...] Investment Funds (LSIFs) have sky-high MERs and past returns have been outstandingly poor (See Labour Funds are best avoided and Dumping the Labour-Sponsored Investment Fund). Now, add one more strike to this list of [...] [...] Investment Funds (LSIFs) have sky-high MERs and past returns have been outstandingly poor (See Labour Funds are best avoided and Dumping the Labour-Sponsored Investment Fund). Now, add one more strike to this list of [...]

]]> By: Canadian Capitalist » RRSP Tip # 3: Investments to Avoid http://www.canadiancapitalist.com/labour-funds-are-best-avoided/#comment-20444 Canadian Capitalist » RRSP Tip # 3: Investments to Avoid Thu, 15 Feb 2007 04:05:11 +0000 http://www.canadiancapitalist.com/2006/05/15/labour-funds-are-best-avoided#comment-20444 [...] Venture Capital Funds: Even with the tax kickbacks, Labour-Sponsored Investment Funds are poor investments. The long list of negatives includes sky-high MERs, very poor track record, opaque pricing of underlying investments and long holding periods. [...] [...] Venture Capital Funds: Even with the tax kickbacks, Labour-Sponsored Investment Funds are poor investments. The long list of negatives includes sky-high MERs, very poor track record, opaque pricing of underlying investments and long holding periods. [...]

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/labour-funds-are-best-avoided/#comment-2792 Canadian Capitalist Tue, 23 May 2006 03:01:44 +0000 http://www.canadiancapitalist.com/2006/05/15/labour-funds-are-best-avoided#comment-2792 Phil: I hope you meant the post and not the blog :) Actually, the LSIF credit is still in effect till 2008. In 2009, it wull be reduced to 10% and in 2010 it will be further reduced to 5% and eliminated thereafter. Phil: I hope you meant the post and not the blog :)

Actually, the LSIF credit is still in effect till 2008. In 2009, it wull be reduced to 10% and in 2010 it will be further reduced to 5% and eliminated thereafter.

]]> By: Phil S http://www.canadiancapitalist.com/labour-funds-are-best-avoided/#comment-2621 Phil S Sat, 20 May 2006 22:54:19 +0000 http://www.canadiancapitalist.com/2006/05/15/labour-funds-are-best-avoided#comment-2621 Isn't this blog now partially irrelevant considering that the Dalton McGuinty's Liberals have now eliminated the provincial tax credit for LSIFs? I don't think anybody in Ontario would invest in LSIFs based solely on the Federal 15% credit. And outside of Ontario, the choices of available LSIFs stink even worse than what is available IN Ontario. Isn’t this blog now partially irrelevant considering that the Dalton McGuinty’s Liberals have now eliminated the provincial tax credit for LSIFs? I don’t think anybody in Ontario would invest in LSIFs based solely on the Federal 15% credit. And outside of Ontario, the choices of available LSIFs stink even worse than what is available IN Ontario.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/labour-funds-are-best-avoided/#comment-2452 Canadian Capitalist Thu, 18 May 2006 15:25:52 +0000 http://www.canadiancapitalist.com/2006/05/15/labour-funds-are-best-avoided#comment-2452 0xcc: I hope it works out for you and Dynamic seems to have a decent track record. I am going to avoid this non-core asset altogether in the future. 0xcc: I hope it works out for you and Dynamic seems to have a decent track record. I am going to avoid this non-core asset altogether in the future.

]]> By: 0xcc http://www.canadiancapitalist.com/labour-funds-are-best-avoided/#comment-2433 0xcc Tue, 16 May 2006 12:14:46 +0000 http://www.canadiancapitalist.com/2006/05/15/labour-funds-are-best-avoided#comment-2433 Two years ago I invested in a LSF almost purely as a tax strategy. Currently my overall return on that fund (a Dynamic fund) is just over 8% and just over 7.5% of that is just from the start of this year. I will be pretty happy if I can get my original investment out of this fund at the end of the 8 year holding period. So far it looks like I should be able to do that but a lot can happen in the 6 years I have left (I could still lose it all). Two years ago I invested in a LSF almost purely as a tax strategy. Currently my overall return on that fund (a Dynamic fund) is just over 8% and just over 7.5% of that is just from the start of this year. I will be pretty happy if I can get my original investment out of this fund at the end of the 8 year holding period. So far it looks like I should be able to do that but a lot can happen in the 6 years I have left (I could still lose it all).

]]> By: Investorial http://www.canadiancapitalist.com/labour-funds-are-best-avoided/#comment-2428 Investorial Tue, 16 May 2006 04:32:35 +0000 http://www.canadiancapitalist.com/2006/05/15/labour-funds-are-best-avoided#comment-2428 I first looked at LSFs, not as a investment vehicle but as a taxation strategy. But after <a href="http://investorial.com/canadian/ontario-eliminates-tax-credit-for-labour-sponsored-funds/" rel="nofollow">crunching the numbers</a>, I thought better of it. I first looked at LSFs, not as a investment vehicle but as a taxation strategy. But after crunching the numbers, I thought better of it.

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