Which RESP fund company (bank) to choose in canada?


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hi, we are to invest in the RESP (registered education savings plan) for our baby. we have been approached by a sales person of Heritage education funds, canada. anybody to comment on this company? also, what were your choices in selecting the institution to work with in RESP and why? thanks..


Answer (1):

P&M

I'd go with an institution in which you can select your own investment funds from brand name fund managers (ie: Fidelity, Templeton, McLead Budden) rather than Heritage Education Funds investing it for you.