Mutual Funds for Canadians for Dummies

By Andrew Bell

A timely update of a core title in our bestselling ...For Dummies personal finance list.Mutual Funds For Canadians For Dummies, 2nd Edition, demystifies mutual funds, and shows you how to understand mutual funds, identify the many available funds, build a strong portfolio, include mutual funds in your RRSP, use the Internet to make investments, and of course, how to maximize returns on your mutual fund investments.New to the second edition: An overview of the investment environment circa 2002, examining movements and trends that affected it, including the tech crash, the telecom meltdown, the rise of income trusts, the defections of key fund managers, Enron and other accounting scandals.Which fund companies have been bought, sold, or driven under.All information regarding market statistics, fund categories, and individual funds will be updated for 2002, as will the Websites and other resources to to track your funds' performance.Plus: The pros, cons, and track record of income trusts and hedge funds.Updates on MERs (Management Expense Ratios) and discount brokers.New standards on fund governance.Strong performance of small-cap stocks.Gold funds: Why everyone should own one.Underperformance of index and labour funds.New funds that minimize your tax hit.Capital class funds.

• Format: Paperback
• Language: English
• ISBN: 0470832517
• ISBN13: 9780470832516
• Release Date: April 2003
• Publisher: John Wiley & Sons
• Length: 384 Pages
• Weight: 1.50 lbs.
• Dimensions: 1.0" x 7.3" x 9.4"

Customer Reviews

Excellent book on investing

Yes the book does not "get to the point" but that is because investing is a complicated business if you want to chase high returns. It can be simple if your willing to live with low to average returns. But I doubt that is what people buying this book are after. Bell does a really good job of laying out the options that are availiable in different market and personal condidtions. Overall he does a really good job of being evenhanded with different companies and financial instruments but his bias towards Index fund is pretty obvious (he even states it). This is a good thing however, as for 95% of long terms investors Index funds are probably the way to go. I also really liked how he stressed the importance of having an international portfolio. That is by far the most important thing I learned from this book. But then I have years of investing experience already.

Good book for beginners

This was my first book on investing. Great for beginners. Too much small talk and analogies. Author needs to get more to the point.