Wealth Related To Financial Plan

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    Mutual funds continue to be the savings vehicle of choice for Canadian investors, says research for the Investment Funds Institute of Canada (IFIC). For the 10th year in a row, ‘Canadian Investors’ Perceptions of Mutual Funds and the Mutual Fund Industry’ shows 87 per cent of investors say funds will help them meet their financial goals. Fewer investors express confidence in stocks (62 per cent), GICs (61 per cent), and bonds (55 per cent). “For the past decade, Canadian mutual fund investors have consistently expressed strong confidence in the ability of mutual funds to meet their goals, more than any other financial product,” says Joanne De Laurentiis. IFIC president and CEO. “This reflects our industry’s success in meeting investors’ needs in an ever-changing marketplace.”