2022 was a great year in which investors might have been able to test the advantage of active management in their portfolios. You’re paying more for active management, with the expectation of additional alpha. But this year, Canadian exchange traded funds (ETFs) outperformed with their relatively passive management when considering fees.
This year, we are highlighting the top performing mutual funds and ETFs that are also medalists, based on either a Morningstar Quantitative Rating, or a Morningstar Analyst Rating. When we look at Canada’s top mutual funds tomorrow, you’ll notice actively managed products clocked similar results as ETFs. Both rode a commodities hedge this year, combined with the demand for energy from economies reopening after the pandemic. Although most ETFs did so at a fraction of the cost, especially among these medalists:
The top four funds to take the ETF…
