Although their investments may have lost as much as 40% to 50% of their value, Canadians are resilient in their faith in mutual funds, PricewaterhouseCoopers found in a survey of 867 people who own mutual funds.

Seventy-three percent said they believe mutual funds remain a good investment vehicle, 75% trust their financial adviser and 73% said their adviser has done a good job over the years. Further, 65% believe their adviser is looking out for their best interest when suggesting investments.

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