September 06, 2005 09:00 ET

portfolio4less.com to Change how Mutual Funds are Bought and Sold.

Web based investment business provides access to some of the best performing mutual fund portfolios in Canada, commission free. Attention: Business/Financial Editor, Tech/Telecomm Editor VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 6, 2005) - portfolio4less.com is the first website of its kind, providing free access to many of the tools and information (such as comparison reports and detailed financial calculators) that were once only available to licensed advisors. More importantly, their research has resulted in some of the best performing mutual fund portfolios in Canada, which are offered to investors commission free. These claims are backed-up by allowing visitors to compare the performance of their own investments against portfolio4less.com's portfolios with a few simple clicks of the mouse. Alternatively, they have posted comparisons to some of the major banks and brokerage portfolios right on their site for instant review.

As a web based business, portfolio4less.com is available to investors anywhere in Canada, which means clients do not have to schedule appointments to open accounts, make RRSP contributions or redeem funds. This should appeal to investors who dislike leaving the comfort of their home or place of business to invest. Assistance is available online, which allows visitors to the site to 'chat' securely to an advisor or through a toll free line for those who might need a little extra help.

The concept best suits investors who don't necessarily want to be involved in the day-to-day management of their portfolio, but they do want to feel confident they are getting the best performance possible. Information on the site is easy to understand and the tools are easy to use.

The portfolios offered by portfolio4less.com are created by researching and analyzing mutual funds from over 40 different Canadian mutual fund companies; no 'in-house' managers are used and only mutual funds that portfolio4less.com believe truly belong in the portfolios are incorporated. The result is un-biased, honest advice.

"It's shocking to see the kind of performance, or lack of performance, Canadian investors have put up with and accepted with their mutual fund portfolios. It's probably because they just don't know they can do better." Says Paul DuMoulin of portfolio4less.com. "We created this site as a resource for Canadians that didn't exist until now. Finally investors can see for themselves exactly how their investments stack up. We suspect that most will be surprised to see how poorly they've been doing, and we're happy to provide them with a fresh alternative."

The minimum account size is $20,000, and accounts can be transferred easily and effectively by visiting the portfolio4less.com website and following the straightforward instructions. Mutual funds are bought and sold through FundEX Investments Inc., which currently has over 400 representatives nation wide and manages over 4 billion in assets.

It's definitely worth checking out to see for yourself all the great tools and reports that the website provides. You are not going to be charged to visit the site and you just might find out that you actually can do better.

About portfolio4less.com

Paul DuMoulin CFP and Tracey Dunnet created portfolio4less.com as a new alternative for Canadian investors that would provide solution to the current problems they faced with the financial planning industry. With over 18 years combined experience, they have dealt first hand with clients from all walks of life and have created what many will come to find as the premier mutual fund investment site in Canada.


Contact Information

  • Paul DuMoulin CFP, portfolio4less.com
    Primary Phone: 604-257-4745
    Secondary Phone: 604-313-3586
    Toll-Free: 866-466-4745
    E-mail: portfolio@portfolio4less.com