From the mutual fund world comes an overlooked friend to the DIY dividend investor.
There’s only a small crop of Series D Canadian dividend mutual funds, but they’re well worth a look for the investor who wants a dividend-focused portfolio conveniently packaged into fund form. The exchange-traded fund world offers lots of good options and they’re rounded up in the segment of my 2016 ETF Buyers’ Guide covering income funds. A D-series mutual fund is a pricier alternative for sure, but you may be surprised how much cheaper it is than a conventional mutual fund. You may also not be aware of how some D-series dividend funds have outperformed the S&P/TSX composite index over the long term.Report Typo/Error