Sorry for the spammish looking post, not my intention. The link is just to the fund overview, I cannot seem to paste it here nicely because it is a PDF.
I'm new (at best) to LIF's, what they can hold, if they can be converted or moved or just re-invested in vanguard, etc...
This one fund in particular is what my mother has, at the suggestion of a world financial group "adviser".
The fees seem really high to me and I'm seeking advice on what her options may be.
The fund makes money but after the MER's, advisor fee, WFG fee her balance is almost guaranteed to drop. I think these "guaranteed" income funds are federally regulated and locked in? There must be a better way, that's what I'm after.