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If young investors have amassed any money at all, the amount is usually modest. Is it any wonder then that many investment advisers overlook this demographic in favour of older, more established clients with thicker wallets?
If young investors have amassed any money at all, the amount is usually modest. Is it any wonder then that many investment advisers overlook this demographic in favour of older, more established clients with thicker wallets?
(iStockphoto)

First-time investors should get to know D-series funds

Portfolio-building 101 requires you to find an investment that’s easily understood, reasonable on fees and solid on returns.

Exchange-traded funds will work, and so might cheap bank index funds like those sold by TD and Tangerine (formerly known as ING Direct’s Streetwise funds). Another option is the D-series Canadian dividend mutual funds offered by BMO Mutual Funds and RBC Global Asset Management.