Here are the details of the program:
Employer contributes 2% of my annual base salary to the plan. Employer then matches my contributions to the plan, up to 4% of my annual base salary.
If I contribute 5% of my salary out of my own pocket, my employer contributes 2% (automatically), and a further 4% to match my contributions. This means the total amount contributed to my RRSP would be 11% of my annual salary.
My basic strategy for my RRSP portfolio right now while I am relatively young is to aim for high growth, keep it simple, and minimize fees.
Here is how the portfolio breaks down:
PH&N Canadian Equity Segregated Fund = 34%
BGI U.S. Equity Index Segregated Fund = 41%
Templeton International Stock Segregated Fund = 25%
The MERs for these funds are 0.29%, 0.22%, and 1.12% respectively. Currently I am contributing 1/3 of incoming capital to each of these three funds.
Here is the actual breakdown of exposure within the portfolio.
Some of the largest individual stock weightings within this portfolio currently are: