Comments on: ING Direct Streetwise Funds Vs. TD Index e-Series Funds

By: Renato’s Passive Mini Portfolio: Beginnings « blrenatog

Renato’s Passive Mini Portfolio: Beginnings « blrenatog — Fri, 22 Jan 2010 21:58:26 +0000

[...] exclusively by TD Canada Trust, the TD e-Series Funds. Its worthiness has been extensively noted (here, here, and like four times here). Pretty much, they place all the fuss of buying and selling index [...]

By: ResponsetoSiva

ResponsetoSiva — Fri, 20 Nov 2009 20:09:03 +0000

Typically an index fund tracks an index. If both index funds track the same index, their yields should be similar. (They will probably never be identical because of minor differences in the way the funds rebalance, and handle cash, etc.)

I’m not sure what indices the underlying funds of an ING Streetwise fund track. However you can get this information from the fund portfolios. If they track the same indices as the TD e-series funds, you can be relatively sure their yields will be very similar.

If not, they will still probably be somewhat similar because they will likely track the same “segment” or “sector” of the global market, even though they don’t track the same index and therefore may not hold the same stocks in the same weightings.

By: Siva

Siva — Sat, 28 Mar 2009 19:39:31 +0000

Fox,

Thanks a lot for this posting and related ones on index funds. I’m a rookie so this really helps me get started.

Just so I’m clear…in your tables above the packaged portfolios and e-series portfolios would yield the exact same returns? In other words, an ING Streetwise
Balanced Income Class, TD Managed Index
Income – e, and the corresponding self-built e-series asset allocation would all yield the same return (not consider the MER of course).

Is my questions clear?

By: Kerry

Kerry — Wed, 24 Sep 2008 21:56:44 +0000

If you hold your eFunds in a TD eFunds account there is no fee for buying, selling, or rebalancing. You are still FAR ahead with eFunds.

By: Peter

Peter — Wed, 24 Sep 2008 21:53:02 +0000

This comparision does not take into account the cost of portfolio rebalancing. This would add more than $40 per time to the cost (assuming $10 per trade which I am too poor to pay). I believe ING and the TD-MAPs rebalance twice a year. With e-series funds you would have to pay! (and remember to do it!). Bottomline is that Streetwise has more couch for the couch-potato.

By: Kerry

Kerry — Sat, 31 May 2008 22:43:19 +0000

@Peter Wow. So many good questions. For tax considerations, everyone's tax considerations are different...so perhaps consult an accountant to discuss this issue. I think the advantages and disadvantages really depend on your financial situation and I am certain the money spent on professional CA advice is well worth it! I tend to buy my ETFs the first week in July. I don't even attempt to time the market, cause it's impossible. July 6th is my rebalanced date and I stick to it consistently. I'd say just pick a date and be consistent. The question of which Discount Brokerage is also tough. This largely depends on what features you want and need (drips, wash trades etc.), how much you have to invest, what you want to invest in, and how sensitive you are to fees (larger portfolios usually get you lower buy fees). I use TD Waterhouse and only have experience with this firm. Other bloggers are more experienced in the differences between brokerages so I shall defer to them. I am assuming you are Canadian...

Review Canadian Discount Brokerages at Million Dollar Journey.
Best Canadian Online Brokerages at Canadian Capitalist.
Why I'm sticking with Questrade at Quest For Four Pillars

Another excellent source for investing information is the Financial Webring Forum. I've spent hours in here. Try reading: Need a good Discount Brokerage. Let me know if this helps. :)

By: Peter

Peter — Thu, 29 May 2008 17:52:13 +0000

Is there a particular time of year that is advantageous tax wise to initiate an ETF portfolio? Does it make a difference if I open one next week or say in October or in April? I plan to add to and balance my portfolio once a year only.
Do you (can you) recommend one discount brokerage over another?

By: Peter

Peter — Fri, 23 May 2008 22:13:25 +0000

Thanks for the help. I was attempting to create a portfolio on morningstar and the TD US Index fund doesn’t appear in their database.

By: Kerry

Kerry — Fri, 23 May 2008 19:14:24 +0000

Peter: I found the TD US Index fund via this link: https://www.tdassetmanagement.com/Content/Products/MutualFunds/Funds/p_FundCard.asp?FID=3270&PID=10&SI=5

A listing of all TD eFunds is here: http://www.tdcanadatrust.com/mutualfunds/perf_EF.jsp

By: Peter

Peter — Fri, 23 May 2008 17:18:09 +0000

I could not find the TD US index fund. Was it renamed? What can I substitute with?