Over the years I have probably bought about 15 different types of funds from regulars ones to segregated ones. One thing I have learned is to choose your funds carefully and look for a couple of things based on your investment portfolio. Any funds you invest in will have some type of fees or charges. On of the main charge is the management fees. This amount is generall stated as a percentage. What you should look for is the lower the percentage the better. You will notice that the larger the fund or lower the fluctuations the lower the MER (the acronym you should be looking at). I usually look only at funds that have under 3%. Anything more than that it is likely a risky fund that has high fluctuations.
Another item to look at is if there are loads on the funds. There are three types. No load meaning there is no charges if you do an early redemption of the funds. Low load meaning there is a small charge when you purchase the fund and a short time period of additional charges if you redeem early. Last is the Deferred Sales charges which is there is no charges up front but a declining early redemption charge. Generally this is on a annual basis where each year on the anniversary on when you purchase the fund.
Hope these tibits help.
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