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  5. MMF559: What would be a good replacement for MMF559 - could you provide a mutual fund and ETF option and brief points why. [Manulife Strategic Income Fund Advisor Ser]
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Q: What would be a good replacement for MMF559 - could you provide a mutual fund and ETF option and brief points why. Or should I just keep it? Just not sure it's performance justifies the cost.
Thanks
Asked by Reg on April 22, 2025
5i Research Answer:

MER is 1.85%, and since-inception is 4.25%. Not really overly impressive.It is a global, fixed-income multi sector income fund. ETF alternatives could be: TGFI or VGAB, largely on much lower costs and decent safe income. Versus other mutual funds, performance has been OK. We found several with lower fees but also weaker than performance. If going with a mutual fund vs an ETF, we would stay the course. 

Mutual fund alternatives: 

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