Les Affaires Plus - Fees that eat up half of your return
In its November 2015 edition, the Les Affaires Plus magazine published an article (in French only) entitled "Des frais qui grugent la moitié du rendement" on page 14. This article by Ian Gascon, president of Idema Investments, explains how high fees can significantly affect your portfolios growth. It is also shown that a low risk bond portfolio being managed with high fees actually has a negative expected return in the current low interest rates environment.
About Idema Investments
Idema Investments is a portfolio manager that offers the first online investment solution that gives independent, personalized and low cost investment advice, also known as a "robo-advisor". A long term oriented systematic approach combined with the use of Exchange traded funds (ETFs) allows us to offer portfolios tailored to the needs of both do-it-yourself investors and investors looking for a managed portfolio solution. Follow our ETF blog on lesaffaires.com
