This is a simple Mutual Fund / ETF fee, growth and return, investment calculator. With this calculator you can:
- Compare two mutual funds or ETFs (exchange traded fund) and their growth over time given several factors like MER, yearly return, investment horizon.
- Simulate random market volatility.
- Simulate yearly contributions to your investment. (or retirement portfolio, eg: RSP or RRSP, RRIF, IRA, 401k, etc) new in v1.2
- Set some simple buy and sell fees to simulate commissions from your discount or online broker.
- Understand the impact fees can have on your investment as time goes on.
- See how compound interest (interest on interest) affects your investment over time.
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Mutual fund costs can have a tremendous impact on the growth of your investment. By investing in funds that employ passive management as opposed to active management, you can drastically reduce these costs.
Even amongst passively-managed funds, there is a fairly wide range of cost. Below, you can compare two funds by simply entering their characteristics and clicking the "Go" button. Differences as little as 40 to 50 basis points (over long horizons) can make difference of many thousands of dollars, even for the small investor.
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