Mutual Funds Performance Reports – Where To Find Mutual Fund Reports

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Mutual funds performance reports are readily available on the internet for free! You have already taken the wise step of searching out good mutual funds, rather than taking advice from your sister-in-law at Thanks giving dinner.When 75% of mutual funds don’t beat the annual market averages, you obviously need to be wary of which funds you are investing in.

As you begin your online search for data, the good news is that there are a variety of places to get performance data for mutualfunds and ETFs. And most of them are free. It doesn’t matter which type of investment strategy you are following.If you are a ‘buy and hold’ person, which I’m not, then you are searching for the funds which have the best 10-15 year averages. Then if the same fund manager is still in place, then I would buy those funds.By simply clicking on the fund name on any internet-based performance report, it will give you information on the fund, including who the fund manager is and for how long he has been doing it.If it doesn’t say, then telephone their client services line and ask.


If a mutual fund has an excellent ten year average, but the fund manager has just retired, then I would pick a different fund.If you are not a ‘buy and hold’ mutual fund investor, then maybe you follow a momentum strategy and you try to stay invested in the top funds over a shorter time period. Then you would want to look at one year return data and shorter to identify your possible investments.So where should you look?

Canadian ETF / Mutual Fund Reports

In Canada, the source for this type of data is the Globe and Mail Globe Fund site. It has all the information necessary to follow either a ‘buy and hold’ investing system or a momentum one. If you wish to look elsewhere, the mutual fund company websites themselves are the next best option.

American ETF and Mutual Fund Reports

In the United States, I have found that the mutual fund company web-sites often have the best return data. There are many large independent financial sites like Google, Bloomberg, Reuters etc., which also have mutual fund and ETF return information.However, these site’s return data are not always in the format necessary to follow a momentum system like most successful investors do.


And finally if you don’t mind paying a monthly membership fee for you data, then Morningstar is probably the most comprehensive US site.No matter which investing system you follow, the key is doing a bit of research on ETF and mutual funds performance and understanding why you are buying the funds that you are.

Covering The Basics To Help You Make The Right Decisions

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A good introduction to mutual funds will teach you the basics of mutual fund investing.This page strives to cover the basic, and sometimes not so basic, topics you may come across as you regularly invest.

To begin, a mutual fund is simply a collection of individual investments (usually company’s stock) under one umbrella.And you buy a share (called units) within the umbrella. You purchase units through a licensed advisor.Sometimes you pay commissions to buy or sell mutual fund units, but you try not to.The manager of the mutual fund company gets paid by taking a small percentage of the overall pool of capital in the fund.Your advisor gets paid by charging you commissions, or getting trailer fees from the mutual fund company (or both).

Tax Advantages of Mutual Funds: Corporate Class Funds

As far as tax goes, it is pretty straight forward.If you are investing in a tax-sheltered account i.e. RSP, 401K etc., you do not pay tax on your investment gains.However, if you are investing from a non-government registered account, you will pay tax.


Tax advantages of mutual funds help you avoid paying unneccesary taxes. Corporate Class versions of funds (offered by some Canadian mutual fund companies) are designed to ease the tax tracking process.This category of funds is offered, so that you can switch money between mutual funds in a non-registered account without triggering taxation paperwork.

Mutual Fund Prospectus Demystified: Learn How to Invest Money

A mutual fund prospectus has lots of great information – but how do you find it? Learn how to find info on fund management, fund holdings, expense ratios, rules for switching within fund families, redemption fee schedules and more.That said, I never look at prospectus. Really!The only thing that I am interested in is the market sectors represented within the fund.And, I can get that information online where I get the return information. As for management fees, that does not concern me as I’ve explained elsewhere. And for switching, I already know what a company’s switching rules are before I start investing.I get that information directly by telephoning the fund company’s client service department and asking them (I get the telephone number from their website).That avoids me putting on my glasses and reading a lot of unnecessary fine print in the prospectus.

Image of businessmen discussing data in touchpad at meeting

Mutual Fund Families

The term ‘mutual fund families’ simply refers to the complete list of mutual funds being sold by a particular mutual fund company. And, there can even be separate mutual fund families within one mutual fund company.

This introduction to mutual funds gives you some of the basic information about mutual funds. Also check out our specific information on all the types of mutual funds.


Beat The Average Retirement Income And Have What You Want

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Want more than just the average retirement income?

Did You Know?

The recommended average retirement income is 70-80% of your pre-retirement income. But, MANY peopleend up retiring onmuch, much, muchless money. Will you?A “Statistics Canada study found that people whose pre-retirement income was $70,000 or greater tended to retire on about 45 per cent of that or around $31,500 (in Canadian dollars which trade roughly at par with US dollars).Those who earned around the average national wage between $40,000 and $50,000 – retired on 59 per cent of their pre-retirement income – approx. $23,000”. There are similar statistics for American’s average retirement income.Yikes! We know that our expenses are often less when we retire, but what if you want money for travelling or entertainment? You need money to live how you want to live.You CAN enjoy a plentiful retirement income if you are disciplined and follow these 5 common-sense steps.

1. Get Help

Get help with planning – use a financial advisor. You will need to have:

a clear picture of your current financial situation*your savings*your debts (ie. credit card balances, car loans etc)*your future known expenses (ie. daughter’s wedding, kid’s schooling etc).


2. Your Needs And Wants

Decide How Much You’ll Need

Figure out how much money you need to put away (beyond any pensions) each year to achieve the retirement you want. Calculate how much money per month you want in retirement. Multiply this by 12 months. This is how much money you need per year when you retire. You can use a retirement planning spreadsheet to figure this out (or, a retirement calculator). Think about whether your income needs will change as you get older. You might plan to travel alot when you first retire, but maybe after age 75 or 80, you might want to stay closer to home. Try to make your best guess about what your needs and wants will be.Don’t forget to consider the role of inflation in predicting your needs.

3. When You Want To Retire

Decide How Long You Want To Work

A major issue for most people is having ANY money to retire on. People are having to work longer and later in life because they have not saved for retirement. Unexpected work lay offs, changes in our health or financial difficulties can change our financial plans. Keep this in mind, and try to make your retirement plans realistic. Often, advisors recommend that you plan to live until 90 years of age. You need to have money to support yourself until then.If you retire at 55, this means you need an income to support 35 more years of living a full life! It is critical to plan accordingly.

4. Money Sources

Where Will Your Retirement Income Come From?

Average Retirement IncomeIn Canada, the average senior’s retirement income is made up of:

42% government pensions

30% private pensions and retirement savings plans

24% split between:*investment income (11%) *other income sources (13%), including earnings and other government transfers.No matter where you live, you will likely draw your retirement income from a variety of sources.What will make up your retirement income?Government benefits?Company pensions?Retirement investments? i.e. registered retirement savings plan (rrsp), annuity, registered retirement income fund. Spend some time thinking about your retirement income sources.


5. Keep On Track

Re-visit and Re-evaluate Your Retirement Plans Bi-Annually

Your retirement plans are often called your ‘retirement portfolio’. Your portfolio is tailored to you and how much risk you like. It represents your plans for retirement. The younger you start, the less aggressive you have to be.Your retirement portfolio will include all different potential sources of retirement income for you. (Tax issues are usually a minor issue for the average person in retirement, but be sure to look into how this will impact you.) A quick check on your retirement portfolio twice a year should be enough to keep you on track for beating the average retirement income.

Is It Too Late?

Do you feel like you’ve lost all hope? Have you passed your planned for retirement date? Here are some resources that may help:”Start Late, Finish Rich: A No-Fail Plan for Achieving Financial Freedom at Any Age” (Finish Rich Book Series) By David Bach If you are willing to “spend less, save more, and make more” this book is for you. Get a free copy of Start Over, Finish RichWill This Be You?The challenge of retirement is how to spend time without spending money.

This doesn’t have to be your reality. You can plan and take clear steps to meet or beat the average retirement income.