Bank Mutual Fund Programs vs Justwealth

Justwealth has been providing Justice to Canadian investors for over 5 years.

How has Justwealth performed against the Banks?*

Here is a comparison versus the largest mutual fund programs from each of RBC, TD, BMO, Scotiabank and CIBC. Warning, you may find the results disturbing!

Data as of March 31, 2021

Source: Morningstar Direct

* The information presented above was obtained from sources which we believe to be reliable, but we cannot guarantee the accuracy of the information. The information does not constitute financial, tax, legal or any other kind of advice, nor is it an offer to buy or sell any securities. Rates of return are presented in Canadian dollars, annualized, and are net of the fees indicated. For additional details on the calculation of Justwealth rates of return, please refer to the disclosure on our performance page. Past performance is not a guarantee of future returns.

This analysis is a comparison of the largest mutual fund asset allocation programs used by each of the 5 largest Canadian banks and Justwealth, an independent, low-cost online Canadian Portfolio Manager. Each program maintains a series of portfolios ranging from low risk to high risk. The categories used in the analysis attempt to compare portfolios with similar allocations to fixed income and equity securities. The five categories and approximate asset allocations are as follows:

Conservative: 80% Fixed Income/20% Equity

Moderate: 60% Fixed Income/40% Equity

Balanced: 40% Fixed Income/60% Equity

Aggressive: 20% Fixed Income/80% Equity

Maximum: 100% Equity

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“Beating Big Banks”

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Canadians have invested over $125 Billion in the programs above. It’s time to get “Justice” from your investments!

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Justwealth – a recognized industry leader

Portfolio/Discretionary Manager of The Year
Nomination – James Gauthier
Wealth Professional Awards 2020

Leading Portfolio Managers
James Gauthier
Wealth Professional Canada 2019

FinTech Company of the Year
Nomination – Justwealth
Canadian FinTech and AI Awards 2019

Entrepreneur/Innovation Leader of the Year
Nomination – Andrew Kirkland
Canadian FinTech and AI Awards 2019

Top 50 Canadian FinTech Company
Digital Finance Institute 2019

Portfolio/Discretionary Manager of The Year
Nomination – James Gauthier
Wealth Professional Awards 2019

Top 50 Women in FinTech
Isobel Russell
Digital Finance Institute 2019

Young Gun of the Year Award
Nomination – Andrew Kirkland
Wealth Professional Awards 2018

FinTech Startup of the Year Award
Nomination – Justwealth
Canadian FinTech & AI Awards 2018

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