The highly lauded Trimark International Companies fund is indeed a 5-star Morningstar fund, ranked in the top 11% spot in 5-year total returns, with a 2.89% MER. In the category of "getting what you paid for", one could note 44th percentile rankings vs. the MSCI EAFE index for 2012 & 2013, and 45th percentile in 2015, or below average vs the much cheaper iShares ETF EFA.

Keep in mind, this has a August 2011 inception, meaning no history over the 2008 financial crisis. I'd be wary of any fund without a performance record covering that period.

But Mr Pape regularly draws on ancient recommendations that only make sense years later, leaving those who took his advice immediately somewhat worse off!