Canadians: TD e-series vs d-series

[moustacheverte]

Hi,

It seems TD has come up with a new fund that is for TD Waterhouse customers only. They are called D-series and are supposed to be a cheaper version of the E-series.
cf http://www.newswire.ca/en/story/1486517/td-asset-management-launches-d-series-for-self-directed-investors

Is anyone using them? Do they compare to e-series or should I stick to the e-series?

Thanks,

[scottish]

I've been moving away from the e-series because of their relatively high MERs.   Especially the bond one.   Who wants to pay 0.5% when bonds are only yielding around 1%.

The d-series funds don't seem to have MERs listed yet.  They do have a lot of capital for funds that are only a couple of months old.  I wonder if TD is using them for something.   I'm interested.

[Kaspian]

Interested too!  I'm all in e-series.  (Though I don't buy the bond fund for its yield; it's capital gain has been pretty good over the years.)  I have a non-registered mutual fund and haven't transferred them to Waterhouse.  (Though they keep trying, in vain hopes that I'll spend a lot in trading fees and make spur-of-the-moment bad decisions.)  CCP said somewhere that it's not worth getting into the Waterhouse until a portfolio reaches the $400K range.  ...At least that's what I think he said.

I'll be interested to see what these funds are exactly.  A bond index fund with some sort of built-in tax shelter for its dividends would be nice.

[cjottawa]

Yeah...no.

They're far too sector specific to be of much use to an index investor.

[moustacheverte]

Yeah...no.

They're far too sector specific to be of much use to an index investor.

Noted, thanks

[beee]

check out Questrade, they have free etf buys ($5 comission for sells)

[drewdeezee]

The D-Series looks to be more expensive than the E-Series. 

Here's the full list of D-Series choices: http://www.tdwaterhouse.ca/products-services/investing/td-direct-investing/investment-types/mutual-funds/low-cost-solutions.jsp

Here are some that caught my eye, until I saw the "Actual Management Fee" on the bottom right.

TD US Small Cap Equity Ser D TDB3051
Actual Management Fee 1.25%
https://research.tdwaterhouse.ca/research/public/MutualFundsProfile/Summary/ca/TDB3051

TD North American Dividend Ser D TDB3048
Actual Management Fee 1.10%
https://research.tdwaterhouse.ca/research/public/MutualFundsProfile/Summary/ca/TDB3048

TD Canadian Small Cap Equity Ser D TDB3046
Actual Management Fee 1.25%
https://research.tdwaterhouse.ca/research/public/MutualFundsProfile/Summary/ca/TDB3046


I'll be sticking to the Canadian Couch Potato Model Portfolios http://canadiancouchpotato.com/model-portfolios-2/

The Weighted Average Management Expense Ratio (MER) of the TD E-Series portfolio range from 0.41% to 0.47%
http://canadiancouchpotato.com/wp-content/uploads/2015/01/CCP-Model-Portfolios-TD-e-Series.pdf

[moustacheverte]

The D-Series looks to be more expensive than the E-Series. 

Here's the full list of D-Series choices: http://www.tdwaterhouse.ca/products-services/investing/td-direct-investing/investment-types/mutual-funds/low-cost-solutions.jsp

Here are some that caught my eye, until I saw the "Actual Management Fee" on the bottom right.

TD US Small Cap Equity Ser D TDB3051
Actual Management Fee 1.25%
https://research.tdwaterhouse.ca/research/public/MutualFundsProfile/Summary/ca/TDB3051

TD North American Dividend Ser D TDB3048
Actual Management Fee 1.10%
https://research.tdwaterhouse.ca/research/public/MutualFundsProfile/Summary/ca/TDB3048

TD Canadian Small Cap Equity Ser D TDB3046
Actual Management Fee 1.25%
https://research.tdwaterhouse.ca/research/public/MutualFundsProfile/Summary/ca/TDB3046


I'll be sticking to the Canadian Couch Potato Model Portfolios http://canadiancouchpotato.com/model-portfolios-2/

The Weighted Average Management Expense Ratio (MER) of the TD E-Series portfolio range from 0.41% to 0.47%
http://canadiancouchpotato.com/wp-content/uploads/2015/01/CCP-Model-Portfolios-TD-e-Series.pdf

Thank you, that's exactly what I was wondering about. I'll stick with the e-series then!

[Kaspian]

I wish there was some sort of emerging markets index fund.  Before switching everything to the CCP, the "TD Latin American Growth" fund was the rockstar of my portfolio.  From Mexcio to South America I think there is still huge growth potential to come.  (I've witnessed the slow but steady growth in wealth on my travels down there over the years.)

[scottish]

Keep an eye on the bond fund pricing Kaspian.    When interest rates eventually go back up, the bond values will go back down.    Don't mean to be a nag if you already know this...