I'm thinking of breaking up with my mutual funds...

[Four Pillars]

I'm surprised at how many people are mutual fund okay..! Normally I see quite the opposite happening

Mutual fund is a very generic term, which includes index funds.

You can buy a td efund index fund (which is a mutual fund) with an MER of 0.33%, there are a number of low cost options in the 1 to 1.25% range (ING, Steadyhand etc) and you can go all the way up the fee ladder up to...well the funds you own.

My investment philosophy is to concentrate on diversification and low fees. It doesn't matter if the actual investment product is a mutual fund, etf, individual stock etc - that's all secondary for me.

[Sampson]

It doesn't matter if the actual investment product is a mutual fund, etf, individual stock etc - that's all secondary for me.

+1, but with a portfolio your size, fees from trading ETFs and stocks can be killers. I would stick with the low-fee TD e-series index tracking mutual funds, splattered with your personal mix of active managed holdings and small- micro-cap stock holdings.

[sharbit]

TFSA - Inhance Monthly Income SRI Fund, MER 2.50%, 31% of mutual fund portfolio (http://www.iaclarington.com/docs/fac.../MF712a.pdf?29)
TFSA & RRSP - Inhance Growth SRI Portfolio, MER 2.66%, 43% of mutual fund portfolio (http://www.iaclarington.com/docs/fac.../MF862a.pdf?30)
TFSA - Bond Fund, MER 1.85%, 26% of mutual fund portfolio (http://www.iaclarington.com/docs/fac.../MF702a.pdf?29)

If your goal is to pay MER than your doing quite well.

Correct me if I'm wrong on this but of particular concern is "Inhance Growth SRI Portfolio" which is a mutual fund portfolio of other Inhance mutual funds. So its essentially a 5% MER mutual fund because your passing through two layers.

However, I do like the bond fund It's a good way to invest with not a lot of capital but you can get an ETF that does the same.

[Young&Ambitious]

One low cost solution is to set up the TD e-funds account and do a DCA there. Every so often, you can transfer the money to your discount brokerage and convert to cheaper ETFs.

How much $ should one accumulate before purchasing shares? I can understand there would be variables such as the share price but is there a general guideline?

Another alternative is for me to simply buy shares through Questrade quarterly rather than monthly and have no other brokerage accounts.

[Young&Ambitious]

If your goal is to pay MER than your doing quite well.

Correct me if I'm wrong on this but of particular concern is "Inhance Growth SRI Portfolio" which is a mutual fund portfolio of other Inhance mutual funds. So its essentially a 5% MER mutual fund because your passing through two layers.

However, I do like the bond fund It's a good way to invest with not a lot of capital but you can get an ETF that does the same.

I completely agree When I was in high school and started this up I was more of a greenhorn and just wanted my money in something rather than nothing. Those investments have served this purpose but I'd like to move on now.