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continued from p.22 selling firm by the mutual fund company, are a cost that is added to the cost of you owning that fund. Other research we have reported in a previous column explains this. The mutual fund database from the University of Chicago showed there is a direct correlation between mutual fund fees and mutual fund performance. Seek out low-cost mutual funds to increase success in investments High-cost funds have poorer returns and lowcost funds have better returns. The single best indicator of mutual fund performance is fees. Forget all the mutual fund company self promotion. It comes down to fees. It is that simple. There is one more piece of research from the CSA report -- we saved the best for the last. When embedded fees are absent, advisers recommend lower-cost investment products. Unfortunately, that final point is unpleasantly revealing. Take away the motivation of a hidden commission and advisers do have the ability to do the right thing and recommend investments that are less expensive. Less-expensive options have demonstrated the ability to get higher returns, which is all the investor asked for in the first place. 23 | Thursday, July 2, 2015 | OAKVILLE BEAVER | www.insideHALTON.com Like it or not, the practice of charging hidden fees in mutual fund sales is a reality. The evidence strongly shows this is not good for the investor. Our recommendation is for all investors to fully understand their mutual fund hidden fees. Seek out low-cost mutual funds and you will have a much higher chance of success. -- Submitted by Peter Watson, MBA, CFP , R.F .P ., CIM, FCSI., Certified Financial Planner GOLD FAMILY, COSMETIC & IMPLANT DENTISTRY New Patients & Emergencies Welcome · Cleaning & & Check-ups Check-ups · White Fillings Fillings · White · Crown, Bridge, · Root Canals Root Canals · Crown & Bridge · Digital X-Rays · Implants · Braces/Invisalign · Braces/Invisalign · Dentures, Implants · Dentures Gum Treatment · Gum Wisdom Teeth Removal Treatment · Laughing Gas/Sedation · Wisdom Teeth Removal · Intra Oral Gas/Sedation Camera · Laughing (you see what we see) Trafalgar Rd. "The right time to plan is right now." The sooner you plan your final arrangements the more you can save. Get organized now: Call our Planning Specialist Christine Richard Ask about a 905-842-2252 Look for us on Facebook "Letourfamilytakecareofyours" Mon-Wed 10-7 Thursday 10-5 Mon, Wed & Thurs 10-7 Friday 10-3 Tues, Fri 10-4; Sat 9-3 Saturday 9-3 Visit www.oakviewfuneral.ca for a virtual tour of our funeral home. Dundas St. E. Longo's Planning Kit FREE 330 Dundas St. East, Oakville Open Evenings & Saturdays 905-257-3182 www.klerdental.ca by Arbor Memorial 56 Lakeshore Road, W., Oakville Arbor Memorial Inc. Oakview Funeral Home Family Owned. Proudly Canadian. IVE CLUS H EX CES T I W ALS- XPERIEN T ME RME LOCAL E U O G G LIVIN WEEKL YH CHANG OUSEKEEPIN ING AN G D LAUN , LINEN DERIN G INDIVIDUA L WELLNES S PLANNING AND SUPP ORT SECURE YOUR SUITE BEFORE JULY 31ST, 2015 S & RECEIVE 1 MONTH RENT FREE! EMERGENCY PE NDENT-24/7 ON SITE HEALTH TEAM ASSISTANC E HURRY SUITES GOING FAST! UTINGS AND EXCITING O DAR TIES CALEN FULL ACTIVI BOOK YOUR VISIT TODAY: 905-582-0395 3136 DUNDAS STREET WEST, OAKVILLE, ON (WEST OF BRONTE ROAD) www.palermovillageretirement.ca DLY ND FRIEN CARING A ERVE YOU S STAFF TO