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世界上的事怕就怕认真二字。4 M3 D% W+ b4 G6 d# S# H- M
收到Manulife GROUP RRSP 半年投资报告。
[7 q$ B. i5 b( a. s& {半年 : 5.8%! }2 F8 t4 T; O9 {6 m' S
1年 :18.9%7 W* W/ y1 }3 \' p$ B: v7 ?, ]
从2006年初开始: 14.1%3 e0 v7 ]& c$ G# A% f1 S& C" R0 @
5 T& e+ H6 a( H0 T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。8 G, ?# ]6 @* Y9 `
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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。
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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:
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! [. H; A) L: g( u9 BThis 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.
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Canadian Equity
* ?. J8 _$ l' T2 h# ~2 t5 s 1-year 2-year 3-year 5-year Since inception
- R4 K6 F# E' t0 lMLI JF Canadian Equity 22.61% 17.57% 21.11% 17.20% 17.44% Oct 2001
5 U2 S5 D9 S& q) O! U. \# ES&P/TSX Total Return 22.73% 21.18% 20.12% 16.56% - 7 A+ u, c; q0 s# s' E, v
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1-year 2-year 3-year 5-year Since inception , p! _" y5 Q$ a+ f! A
MLI McLean Budden Canadian Equity 28.87% 22.26% 19.54% - 22.26% Apr 2003
/ g; H5 F$ h$ j% E j6 q! D$ ^4 tS&P/TSX Total Return 22.73% 21.18% 20.12% 16.56% -
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0 `; s0 I; z6 y0 T3 [# h: IAsset Allocation % X5 D( r6 u$ x5 ]+ a3 r
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1-year 2-year 3-year 5-year Since inception
, s- m6 v" t: ~( i2 k [MLI Aggressive Asset Allocation 23.63% 18.58% 15.91% 13.86% 11.02% Feb 1999
9 h% C! h( K( f4 GBlend: MLI Aggressive Asset Allocation 22.08% 19.11% 16.63% 13.85% -
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9 N( D; {' i9 S# X4 d 1-year 2-year 3-year 5-year Since inception ) h, ` K$ d) x6 ~1 }9 ?
MLI Growth Asset Allocation 20.25% 15.34% 13.66% 12.00% 9.64% Feb 1999
. r* M) S# |, o$ _1 V# \ M% _Blend: MLI Growth Asset Allocation 18.42% 15.41% 13.83% 11.74% - 7 N- ^; b3 t! j+ D/ m! Y! v& g
+ {7 Y' {! C$ ~4 ^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/ ~6 m z4 \, l4 S
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再比较一下 index
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: Z$ ^: p6 p- L* ], h$ b/ b: WFund Name 1 Mth 3 Mth 1 Yr 3 Yr 5 Yr 10 Yr % Z5 ?) u6 _4 ?4 ^$ k8 H
TD International Index - I -0.5 -2.1 19.8 11.7 8.1 3.6
& ~# i; f1 b7 }2 _TD International Index - e -0.4 -1.9 20.8 12.7 9.2 ---
/ c+ v B1 J: x: }' l/ p) YTD European Index - I -0.6 -0.1 25.6 14.3 9.7 --- a: }& }' ?9 _* O
TD European Index - e -0.5 0.1 26.1 14.8 10.2 --- , `6 _1 X3 a+ ^4 T+ _0 ]6 q6 t! h
TD Dow Jones Industrial Avg Index - I -2.0 0.2 16.3 1.7 1.4 ---
% H" t2 b* a7 N3 |( j, W9 c# wTD Dow Jones Industrial Avg Index - e -2.1 0.3 16.8 2.1 1.9 ---
2 [5 M4 h4 g" m" W" |0 \TD Canadian Index - I -0.9 6.1 21.9 19.1 15.7 9.3 8 a- C' B x" O6 D* k4 X/ |" k, k
TD Canadian Index - e -0.8 6.2 22.4 19.6 16.2 ---
9 e! F$ ~3 e1 Z- R: @( @; B# PTD Canadian Bond Index - I -0.3 -1.9 3.9 4.3 5.0 5.5 / R- m2 N* ~, z/ j }
TD Canadian Bond Index - e -0.3 -1.9 4.3 4.7 5.4 ---
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Fund Name
# [ ?! x, e6 x9 d(Click to select all) Morningstar Category RRSP Total Assets ($Mil) MER Legal Status - Z# m# m: a% N2 n1 }& v& g+ [
TD International Index - I International Equity Yes 499.7 1.41 T
2 x# y/ D5 K) R; d' a' h+ G5 e0 k" ^TD International Index - e International Equity Yes 499.7 0.48 T % m) w- A5 K+ L* A6 E$ r$ l# r) i" r) N
TD European Index - I European Equity Yes 83.0 0.99 T
" A9 p3 Q" S' ?" ^$ A' lTD European Index - e European Equity Yes 83.0 0.48 T / E& |! Z3 a4 g: R7 G& ~% O
TD Dow Jones Industrial Avg Index - I US Equity Yes 46.6 0.88 T $ w3 z' N& X3 ^3 k6 W) t0 Q: l
TD Dow Jones Industrial Avg Index - e US Equity Yes 46.6 0.31 T 3 |8 I+ f+ }( O
TD Canadian Index - I Canadian Equity Yes 869.6 0.88 T 7 @. N3 p' P5 ]4 k" B/ S
TD Canadian Index - e Canadian Equity Yes 869.6 0.31 T
* ?6 C' `, D5 J# V5 ATD Canadian Bond Index - I Canadian Core Fixed Income Yes 703.3 0.91 T
! ~! Z5 ?; y- I- ~0 g" D9 eTD Canadian Bond Index - e Canadian Core Fixed Income es 703.3 0.48 T3 ]+ J! `5 q+ n, G8 M+ ^ f( S
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" f3 ?# {! A& P) ^5 y" c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- L; F1 O0 C F
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。( t% L5 N7 E- Q
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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groupde1 p) K$ }4 i" r0 c8 R7 D7 ]' t
资金转到TD." N: F k4 u6 ^4 Q
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请精打兄点评。不胜感激。。。 |
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