Canadian Capitalist Logo Dark
No Result
View All Result
Saturday, May 17, 2025
  • Login
  • Register
  • Home
  • Economy
  • Investing
  • Markets
  • Real Estate
  • Retirement
  • Tax Savings
  • Trivia
  • Resources
Subscribe
Canadian Capitalist Logo Light
  • Home
  • Economy
  • Investing
  • Markets
  • Real Estate
  • Retirement
  • Tax Savings
  • Trivia
  • Resources
No Result
View All Result
Canadian Capitalist Logo Mobile
No Result
View All Result
Home Uncategorised

Altamira Precision Series Index Funds

by Ram Balakrishnan
November 28, 2007
Reading Time: 1 min read
127 7
0
153
SHARES
1.9k
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

I am a big fan of TD e-Series Index Funds but if you already have an account with a discount broker other than TD Waterhouse, the Precision series index funds from Altamira would an acceptable, albeit slightly more expensive option. A couple of readers also mentioned that TD Mutual Funds are not ideal for RESP accounts that are eligible for the Canada Learning Bond (CLB) or the Canada Education Savings Grant (CESG) for low-income families.

The interesting index funds in the Precision series are:

  1. Precision Canadian Index Fund (AIS930) tracks the narrower S&P/TSX Index and would be equivalent to investing the iShares CDN LargeCap 60 Index Fund (XIU).
  2. Precision International Currency Neutral Index Fund (AIS932) tracks the MSCI EAFE Index and hedges the currency exposure.
  3. Precision U.S. Currency Neutral Index Fund (AIS931) tracks the S&P 500 and hedges the exposure to U.S. dollars.

The MER of all the above funds is 0.54%, which is significantly higher for Canadian equities but only slightly higher for U.S. and EAFE equities when compared to the equivalent TD e-Series funds. Unfortunately, Altamira does not offer a bond index fund and the bond mutual funds available have MERs of more than 1.5% but they do offer a decent T-bill fund to park your cash (MER of 0.52%).

Related posts:

  1. This and That
  2. The Costs of Currency Hedging
  3. Money movies to watch this summer
  4. This and That # 108
Share61Tweet38Share11

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

What ails Loblaws?

Next Post

This and That

Ram Balakrishnan

Ram Balakrishnan

Related Posts

Why you cant afford a house in Canada

Why You Can’t Afford A Home In Canada?

January 24, 2022
558
investing benefits
Investing

Finding a Financial Advisor, Part 1

June 19, 2021
2.2k
investing in bitcoin

Is it time to invest in Bitcoins again?

May 13, 2019
2k
when do reits liquidate
Uncategorised

Performance of Currency-Neutral S&P 500 Index Funds

January 19, 2014
2k
is mortgage interest tax deductible
Uncategorised

The 2013 Sleepy Portfolio Report Card

January 12, 2014
2k
how to buy individual stocks in canada
Uncategorised

Asset Class Returns for 2013

January 5, 2014
1.9k
Next Post
income fund pimco

This and That

Please login to join discussion
Canadian Capitalist

© 2022 Canadian Capitalist

Navigate Site

  • Home
  • Disclaimer
  • Privacy Policy
  • Advertisement
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Economy
  • Investing
  • Markets
  • Real Estate
  • Retirement
  • Tax Savings
  • Trivia
  • Resources

© 2022 Canadian Capitalist

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
two man and woman standing on doorway
The man who does not read has no advantage over the man who cannot read - Mark Twain