I've held half my RRSP in TD e-funds and half with Steadyhand. I've set them both at the same ratio of equity to fixed income. Over 5 years Steadyhand has performed about 0.4% better. Not a huge difference, but they appear to be competitive with a low-cost index portfolio. And, as was pointed out in earlier posts the MER gets reduced over time and as your assets increase. When the typical actively managed fund in Canada is charging over 2.00%, I'd say Steadyhand does a pretty good job.