ShareOwner ETF Portfolio Review

".. back every year that is, with trailer fees
to terminate your investment growth !"

"It's not a tumour ... its those sky-high
mutual fund fees giving you a headache."
Are you interested in having a robo-advisor manage your investments?  If so, you can escape high management fees in a low-cost ETF portfolio, created by the "robo-advisors" at ShareOwner.

What ShareOwner offers are model portfolios that even the laziest investors can appreciate.  Couch Potato investors have to pick their ETFs and balance/trade them every now and again.  If that is too much effort for you, ShareOwner has created 5 different model portfolios to meet the range of risk/return profiles of different investors. These include Aggressive Growth, Growth, Balanced, Conservative and Income portfolios with between 100% and 25% equity exposure.

MER and Fee Comparison for ETF and Mutual Fund portfolios
The best thing? ShareOwner does all the rebalancing for you and the fees are low, low, low - especially for a large account. ShareOwner fees are 0.5% on top of the ETF expenses (MER) as shown in the chart to the left.  But fees are capped at $40/month if you have $100,000 or more invested.  So if you invest $200,000, your fees drop in half percentage-wise.  For example, the Balanced Portfolio funds have a weighted MER of 0.27% (iShares, BMO, and Vanguard funds) - add $480/$200,000 for another 0.24% and you a paying 0.51% to be absolutely hands off in your index investing.  Let's face it - time is money.  Commission-free automatic DRIP is another time and cost saving feature.

So wake up all you papasan-pickle investors! Zero-effort ShareOwner portfolios may be for you.  Their investment products will give you what other balanced portfolios can (diversification, optimal asset allocation, automatic rebalancing)  but at a lower overall cost than some of the other core portfolio funds and ETF wraps reviewed before:

papasan pickle low fee portfolio review

..and cheaper than the BlackRock Strategic Portfolio series as well:

blackrock strategic portfolios review


Best GIC Rates

Don't go to your bank looking for the best GIC interest rates - go to their affiliates.  Look at the RBC bank online rates below - the 5-year rate is 2%.

Compounded Annually and Paid at Maturity

Term
to
Maturity
For Investments of
$500
to
$99,999.99
$100,000
to
$249,999.99
$250,000
to
$999,999.99
$1,000,000
to
$4,999,999.99+
[%][%][%][%]
1 to 1.5 years less a day1.2501.2501.2501.250
1.5 to 2 years less a day1.5001.5001.5001.500
2 to 2.5 years less a day1.5501.5501.5501.550
2.5 to 3 years less a day1.5501.5501.5501.550
3 to 3.5 years less a day1.7501.7501.7501.750
3.5 to 4 years less a day1.7501.7501.7501.750
4 to 4.5 years less a day1.6001.6001.6001.600
4.5 to 5 years less a day1.6001.6001.6001.600
5 years2.0002.0002.0002.000

But look at what RBC Dominion Securities is offering, a range of products from other institutions with up to a 2.6% 5-year GIC interest rate:


Tangerine $50 Bonus 40132831S1

Use this Tangerine Orange Key to earn your Tangerine bonus:  40132831S1


Open any new Tangerine Chequing Account or Tangerine Savings Account by March 31, 2015, with a minimum deposit of $100 and start earning double the regular refer a friend Bonus.

Plus receive an additional $25 Bonus you set up an Automatic Savings Program (ASP) into a Tangerine Savings Account!

Click here to sign up!