I just started investing through TD two years ago. In my TFSA I use TD E-Series funds. In my kids RESP I hold the TD Comfort Balanced Growth fund. E-Series has an avg MER of about 0.5, the BG mutual fund is 2.02. As I get more literate when it comes to investing I am realizing that I would be much better off switching my RESP to match my TFSA strategy. The Balanaced Growth Fund is basically a fund wrap. It's a fund that holds 5 or 6 other funds. I assume I'm paying funds ontop of funds.