The true costs of redeeming your mutual fund units: Tax and financial issues

AIC believes that investing is a long-term undertaking and investors should be aware of the full costs of redeeming any investment, particularly mutual funds.

We believe the best way to create wealth is to buy great businesses and hold them for the long-term. Reacting to short-term events (and redeeming one company’s funds for another company’s funds) may work against your goal and could cost you, both financially and tax-wise.