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Friday, October 5, 2007

RBC O'Shaughnessy International Equity Fund still in red

I gave a quick look at my fund. All of them are in green (no money loose, only gain), except the RBC O'Shaughnessy International Equity Fund. I begin to really hate that fund. Or not that fund, but the International Equity Fund.

It's been more than 90 days since I buy my parts and I will sell as soon as I will recover from my lost. In date of today, October 5, 2007, my $$$ in the fund is of: 996.61$. I initially invest 1000$ in that fund back in January 9, 2007. In date of day, my lost are of 3.39$. I didn't make any money with the fund and I really don't like it. I will say it in my words: the fund suck.

And since the 1 000$ in that fund wasn't put in RRSP, it is not tax efficient.

I am now more concern about tax when it come to mutual fund.

I take a look at the Morningstar's report of RBC O'Shaughnessy International Equity Fund and they don't seem to like the high fees of the fund. To the high fees, add to that the low result. I am definitely looking to sell this fund.

I am looking for efficient mutual fund. I guess I will follow what say the Morningstar, or at least take a look of what they have to say regarding different funds.

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