Q: What do you think about this fund?
5i Research Answer:
The fund has a decent net asset base of $2.2B, and MER of 1.87%. RBF269 provides investors with exposure to a broadly diversified, high-quality Canadian equity portfolio. We think the expense ratio is quite high compared to a portfolio that is bascially just quite similar to the TSX index; We think investors can achieve similar results through low-cost ETFs such as XIU.