Reviewing some RSP statements for a friend, I noticed that their Freedom 55 advisor put them into Front End loaded funds.
The funds are Quadrus, Mackenzie, etc. funds all in the 2.5% MER range. They all seem to track the market closely.
1) Is the Front-end load for an RSP a ripoff? Especially if the individual is 30 years away from retirement?
2) Is anyone familiar with the Quadrus Group of Funds?