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世界上的事怕就怕认真二字。- K7 k5 E+ C/ w7 L; D! p0 r* c( O
收到Manulife GROUP RRSP 半年投资报告。2 O$ s D" t2 j; Z( c
半年 : 5.8%' y; i+ l! r% `: u2 ]* f
1年 :18.9%. g/ J5 \% G$ X0 k2 W
从2006年初开始: 14.1%/ t# [* q5 e1 J @7 c3 h* y& B1 n
+ i7 J/ v% V# [2 r$ c# f5 A看起来不错,对我这种不炒股的人应该可以满足, 比起存银行强了N倍。) x( v% q! e! @4 V9 q
+ i9 l- f9 n! X- O$ z: D世界上的事怕就怕认真二字。经过edmonton房事的教训,加上近半年的投资理财学习。决定进行认真的分析。5 t0 r: G. P* c- K
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我们公司RRSP都投资在Manulife GROUP fund内。 我有过几次调整, 但都集中在以下几种fund:; l, _7 {& P1 M' L4 e7 }' b6 F
7 Q* `" g1 v* sThis table shows the historical annual compound total return of the Fund compared with the composite benchmark, as outlined in the Rate of return expectation below.. J8 @/ j8 {8 r7 O! d8 l. ~" L8 [
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Canadian Equity# m t: R1 T S# L
1-year 2-year 3-year 5-year Since inception ' Z& \. ?$ @. `7 `: \7 D
MLI JF Canadian Equity 22.61% 17.57% 21.11% 17.20% 17.44% Oct 2001/ v- }; g+ \" ]9 z/ T
S&P/TSX Total Return 22.73% 21.18% 20.12% 16.56% -
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1-year 2-year 3-year 5-year Since inception " y' J. O/ [1 }" o W
MLI McLean Budden Canadian Equity 28.87% 22.26% 19.54% - 22.26% Apr 20036 N4 n F3 ^' ^. G9 ?2 w( X- }
S&P/TSX Total Return 22.73% 21.18% 20.12% 16.56% - ! w( O9 X+ t$ A3 x5 [! g7 E! C
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w. ~/ E! C+ W1 JAsset Allocation 7 T. I, o0 K% A+ ]1 s% @
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1-year 2-year 3-year 5-year Since inception ) j( \0 f q" ]. B
MLI Aggressive Asset Allocation 23.63% 18.58% 15.91% 13.86% 11.02% Feb 1999
5 K! f2 a6 n$ E' ^6 pBlend: MLI Aggressive Asset Allocation 22.08% 19.11% 16.63% 13.85% -
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1-year 2-year 3-year 5-year Since inception ) N1 A- ~7 y- D$ S0 w
MLI Growth Asset Allocation 20.25% 15.34% 13.66% 12.00% 9.64% Feb 1999* c1 ~, m; H& V* @! W! D
Blend: MLI Growth Asset Allocation 18.42% 15.41% 13.83% 11.74% -
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看起来很美。 但前两种fund 的MER 分别是1.15 和1.2, 后两种是1.25
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再比较一下 index
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Fund Name 1 Mth 3 Mth 1 Yr 3 Yr 5 Yr 10 Yr ! s w- N/ |& [0 H
TD International Index - I -0.5 -2.1 19.8 11.7 8.1 3.6
3 x5 L2 k4 K6 n0 k; GTD International Index - e -0.4 -1.9 20.8 12.7 9.2 ---
1 v- h: v/ Z' F/ yTD European Index - I -0.6 -0.1 25.6 14.3 9.7 --- h5 d$ M# c1 H$ c1 @
TD European Index - e -0.5 0.1 26.1 14.8 10.2 --- ( P. p$ Q% ?$ K
TD Dow Jones Industrial Avg Index - I -2.0 0.2 16.3 1.7 1.4 --- $ J# C @! ?. Q# @5 S
TD Dow Jones Industrial Avg Index - e -2.1 0.3 16.8 2.1 1.9 --- 7 i# [$ z+ N8 V. g
TD Canadian Index - I -0.9 6.1 21.9 19.1 15.7 9.3
6 E. J+ y) F% y; fTD Canadian Index - e -0.8 6.2 22.4 19.6 16.2 ---
1 i. X0 ^/ L, I8 ITD Canadian Bond Index - I -0.3 -1.9 3.9 4.3 5.0 5.5 , _: |2 z+ }; v
TD Canadian Bond Index - e -0.3 -1.9 4.3 4.7 5.4 --- ) O4 U8 e8 L- ]
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# m6 D; C7 G9 m. m* e& x9 h: D$ F& JFund Name
# ?$ {* R# y$ s9 O" s8 v" {(Click to select all) Morningstar Category RRSP Total Assets ($Mil) MER Legal Status ( m3 Q$ |8 ]! n2 v
TD International Index - I International Equity Yes 499.7 1.41 T
; z r/ N- i4 B7 Y! m# p% yTD International Index - e International Equity Yes 499.7 0.48 T - a8 C- X* U6 l2 v: z
TD European Index - I European Equity Yes 83.0 0.99 T - u) M* O" E* p; I' J8 {# H, g
TD European Index - e European Equity Yes 83.0 0.48 T
9 Q! g c2 I) s: n# I+ QTD Dow Jones Industrial Avg Index - I US Equity Yes 46.6 0.88 T + R2 J' L4 a5 E5 w" F3 j
TD Dow Jones Industrial Avg Index - e US Equity Yes 46.6 0.31 T
: _/ l; n4 a! KTD Canadian Index - I Canadian Equity Yes 869.6 0.88 T
( v" k& f: i' [+ F( BTD Canadian Index - e Canadian Equity Yes 869.6 0.31 T
; F, X+ _! U# H. X1 J tTD Canadian Bond Index - I Canadian Core Fixed Income Yes 703.3 0.91 T 2 Y; a$ N8 h) D: q, `% g- n
TD Canadian Bond Index - e Canadian Core Fixed Income es 703.3 0.48 T% p# z' z! c3 S" K( j+ s' M
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+ A( f" B$ e! @9 S0 |5 s那MLI JF Canadian Equity,MLI McLean Budden Canadian Equity 和TD Canadian Index - I,TD Canadian Index - e 比较一下,就会" a1 O0 q: ^ ~6 E v( ~0 p
发现 Mauulife fund 收益不但没有比过index, MER 约是index 的两倍。 买index 还可以完全不想事。
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# N2 M" C/ g( t1 T9 `结论: 即使是加入Group RRSP, MER已经比非GRoup 便宜,还是不如INDEX。不能简单的认为group RRSP 就划算了。适当时候,可以groupde5 H( T2 Z" F Y D4 f" G$ }
资金转到TD.
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( G( m, r* D# \5 n" M请精打兄点评。不胜感激。。。 |
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