My favorite mutual fund: RBC O'Shaughnessy Canadian Equity Fund

I like my RBC O'Shaughnessy Canadian Equity Fund!

Unfortunately, the fund is now close to new investor. I am very proud to have it in my portfolio! I begin with a first 2 000$ in November 2006 and later on, just before the fund close, I put an extra 1 000$ into it, in January 2007.

My only regret is that I haven't been able to put more money into it. I could put an extra 1 000$ or 2 000$ at the time, but what is done is done. There might be other great mutual funds out there where I can put my money, I just need to find them. Right now, I have an eye on the BMO Greater China Class and the RBC Global Resources Fund. I have been checking the RBC Global Resources Fund since a couple of days now, knowing the stocks are getting down, and the price of each unit is now 34.3236$, which is less then 35$ or the 40 and something each part worth last July.

Anyway, in date of July 16, 2007, my 3 0000$ investment in RBC O'Shaughnessy Canadian Equity Fund gave me a return of 555.87$! I just cannot say how much I was proud of the return! But now, in date of today, August 15, my 3 000$ now worth 3 185.46$. Even if the markets are going down, I didn't loose any money of my initial investment.

What's important for me, for a long term basis, is to be able to say to myself: I didn't loose any money with the product and I have a good return on my money for a long term basis. It's the reason why I prefer for now mutual funds.