Benjamin Felix

Is that the only thing driving fees down or are there other factors?

What do you think about the risk of private assets?

Like you were just talking about being held in semi-liquid funds, like an interval fund that are targeted at retail investors.

A lot of it comes back to, again, understanding what you're buying and what the risks are and what the expected returns are and all that stuff.

Cool.

I agree with what people tell you.

It is a super useful resource.

I refer to it often and I've used some of the charts in some of my videos to show just what's happening in the fund markets.

It's a one of a kind resource.

We need a Canadian edition.

A Canadian edition would be very cool.

That's probably outside ICI's mandate though.

Probably.

Our final question for you, Shelley, how do you define success in your life?

Love that answer.

Great answer.

All right, Shelley, this has been a great conversation.

We really appreciate you coming on the podcast.

This is the Rational Reminder Podcast, a weekly reality check on sensible investing and financial decision-making from two Canadians.

We're hosted by me, Benjamin Felix, Chief Investment Officer, and Brayden Warwick, Financial Planning Product Architect at PWL Capital.