Q: 5i opinion on MAW220 please. 8-10yr hold. It is in an employer-sponsored RSP thus not easily exchangeable for an ETF.
Thank you
Thank you
5i Research Answer:
It is a 5-star fund, with MER of 1.30% and assets of $12B. Since inception return is a solid 11.7% and it was up 17% last year. Consider some currency weakness, this is a pretty good performance record, in our view. As far as mutual funds go, for the sector, we would be comfortable keeping this.