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    "The rise of ETFs is making life miserable for Canada’s mutual fund industry" - G&M

    @kaiti As is my understanding they can’t discuss it, but assuming you’re right there’s no point for them. Nobody who works for any company would advertise for another company’s service. Should contractors start recommending other contractors that are cheaper? Should Safeway workers mention...
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    "The rise of ETFs is making life miserable for Canada’s mutual fund industry" - G&M

    @kaiti Index funds are licensed by the MFDA. ETFs are not.
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    "The rise of ETFs is making life miserable for Canada’s mutual fund industry" - G&M

    @kaiti Well the advisors aren’t licensed to talk about or sell ETFs so they legally can’t do it If they were allowed to sell it then I’m sure they would do it if they had decent knowledge
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    "The rise of ETFs is making life miserable for Canada’s mutual fund industry" - G&M

    @kaiti Most older people or people who were never educated in finance just stick their life savings in HISAs or GICs. In this case a good bank advisor can actually help them earn more interest than 1-2% in those products and actually get a decent return. Depending where you go, I’m sure most...
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