The Best Growth Mutual Funds in Canada
The Best Growth Mutual Funds in Canada

The Best Growth Mutual Funds in Canada

Growth mutual funds are for investors looking for a higher potential return on their investment. These higher-risk funds primarily invest in stocks and generate capital growth over the long term.

  • Higher risk
  • Long term investment
  • Higher potential return than other asset classes

Here is a table comparing similar risk mutual funds as of March 31, 2023.

ManagerRBC LogoTD LogoBMO Global Asset Management LogoScotiabank LogoCIBC Logo
Mutual FundRBF459TDB888BMO484BNS342CIB240
Inception1986-12-312008-12-082013-08-122003-04-282019-0-21
AUM$13,546,800,000$3,911,930,000$2,000,000,000$2,921,800,000$2,393,445,642
Holdings4412231328
MER2.04%2.13%2.50%2.10%1.82%
RiskLow to MediumMediumLow to MediumMediumLow to Medium
Yield2.2%N/AN/AN/AN/A
DistributionsN/AN/AAnnuallyAnnuallyN/A
1Y-3.3%-1.13%-3.47%-2.18%N/A
3Y9.4%9.52%8.85%9.27%N/A
5Y4.8%4.47%3.54%5.05%N/A
10Y6.8%5.75%N/A6.82%N/A
P/E15.2N/AN/AN/AN/A
P/B2.5N/AN/AN/AN/A
Beta0.87N/AN/AN/AN/A

Here is a table building a similar risk portfolio to the mutual funds with ETFs as of March 31st, 2023.

ETFGrowthMER1YR3YR5YR10YRPortfolio MERPortfolio 1Y ReturnsPortfolio 3Y ReturnsPortfolio 5Y ReturnsPortfolio 10Y Returns
XWD80%0.47%1.27%14.30%8.80%11.72%0.376%1.016%11.44%7.04%9.376%
VAB20%0.09%-2.04%-1.38%0.74%1.70%0.0036%-0.408%-0.276%0.148%0.34%
TOTAL100%N/AN/AN/AN/AN/A0.3796% 0.608%11.164%7.188%9.716%