CBC Marketplace – Busting the Banks

Don't Believe it When the banker tells you, ... ' but there are no fees '

(Article) Gold, Frankincense, and MER(fees)
Why are the banks, mutual fund companies, and the like not required to itemize annual mer fee charges on their mutual fund account statements?

Bank Advisers Found to be giving confusing advice to investors.

(Article) Banks misleading clients on mutual funds
Marketplace finds Canadians’ investments can take a major hit with MER fees, the percentage deducted for administering the fund.

An Mer Fee of 2.5% could cost $100,000 over a 25 year period

(Tools) MER fee Comparison Calculator
Use this calculator to evaluate the impact that hidden mer fees have on mutual funds. It may surprise you to learn how much you actually pay.

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