The “Big Five” Canadian banks include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Are there other viable options?
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The best high-interest savings accounts in Canada for 2023 Jul 19th
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The best high-interest savings accounts in Canada for 2023
Here are the accounts offering the highest interest rates and lowest fees.
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Banking with a credit union can save on fees—but there are limitations + MORE Aug 29th
On the surface, banking with a credit union may seem a lot like a traditional bank. But it’s not.
Credit unions are similar to commercial banks in that they offer chequing and savings accounts, mortgages, business loans, online banking and registered savings plans—all for lower or no fees .... More »
Oaken Financial Review: High Interest Savings With No Gimmicks Mar 10th
Recently, I wrote an article comparing the top high-interest savings accounts in Canada. It perhaps should come as no surprise that the vast majority of the accounts that made the cut were online bank offerings, from the likes of Tangerine, EQ, and Simplii. Free from the high overhead of traditional.... More »
How To Get The Best Home Insurance Quote in Canada Nov 27th
Unlike car insurance, in Canada, there is no legal requirement to have homeowners insurance. But that doesn’t mean you should go without it. Find out why you need insurance and how to get the best homeowners insurance quotes in Canada.
Why Do Homeowners Need Insurance in Canada?
Although not legal.... More »
The best credit cards for airport lounge access in Canada for 2023 + MORE Oct 5th
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The best credit cards for airport lounge access in Canada for 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
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A Review of Tangerine Investment Funds: Do They Measure Up?
– canadianfinanceblog.com
With more and more Canadians moving towards low-fee investing options, banks and investment companies have had to step up their game, to deliver products that provide the right mix between price and performance.
In this review of Tangerine mutual funds, I’ll take a look at how one of Canada’s leading online banks is filling that need for their customers. Tangerine’s series of index mutual funds have been around for a number of years now, offering a passive investing solution with very low fees. So I wanted to find out how they stack up against other, popular low fee investment vehicles, such as ETFs.
What is an Index Fund?
In case you’re wondering, an index fund is a mutual fund that is designed to track the holdings of a specific stock market index, or indexes, in hopes that it can match the returns of the whole market. The idea being, that over the long run, it’s almost impossible to beat the market, so why try.
Index funds are generally very low cost, due to their passive management, they tend to be tax efficient, and well diversified…
In this review of Tangerine mutual funds, I’ll take a look at how one of Canada’s leading online banks is filling that need for their customers. Tangerine’s series of index mutual funds have been around for a number of years now, offering a passive investing solution with very low fees. So I wanted to find out how they stack up against other, popular low fee investment vehicles, such as ETFs.
What is an Index Fund?
In case you’re wondering, an index fund is a mutual fund that is designed to track the holdings of a specific stock market index, or indexes, in hopes that it can match the returns of the whole market. The idea being, that over the long run, it’s almost impossible to beat the market, so why try.
Index funds are generally very low cost, due to their passive management, they tend to be tax efficient, and well diversified…
