Turn Your Money-Sucking Mutual Fund Into A Winning Portfolio Part 2 - Cleaning Up Your Portfolio

In the October 2019 issue of Canadian MoneySaver , I walked through the steps to replicate your high-cost mutual funds and turn it into a low-cost Exchange-Traded Funds (ETF) portfolio. I used RBC’s Select Aggressive Growth Portfolio mutual fund, as an example, and converted it into a portfolio consisting of five ETFs, matching the fund’s allocation it was benchmarking. Now, what if you hold three or five mutual funds? Does that mean you’ll be investing in 15 or 25...