Mutual funds are investment that pool your money with other investors to buy a portfolio. There are many mutual fund categories to choose from, including equity, fixed income, and balanced funds. These can be held on their own or in an RRSP, RESP, TFSA, RDSP, or RRIF.
Mutual funds are a popular way to invest because you can choose your own style of investing – aggressive or conservative; domestic or foreign; short term or long-term.
*Mutual funds are offered through Credential Asset Management Inc.