Q: Pat: Can I have your recommendation on these two mutual funds: Fidelity Income Allocation Fund and the Manulife Yield Opportunities Fund? Thanks.

A: We have moved away from recommending mutual funds in favour of lower-fee exchange-traded funds (ETFs).
However, some mutual funds are okay to hold if you own them.
The Fidelity Income Allocation Fund is a tactical asset allocation fund. These funds shift their portfolio allocations between stocks,… Read More