Mutual funds are a very popular investment for retail investors.
They package the investment management skills of professional money managers in an economical manner for smaller amounts. Their current popularity has increased to the point where they are starting to replace traditional savings instruments like bank and trust deposits and even direct investment in stocks and bonds. The recent lacklustre performance of Trimark's Canadian equity funds has spawned yet another flurry of articles questioning the wisdom of investing in so-called giant funds. The Financial Pipeline does not make investment recommendations. It is a source of general investment information.