Read your prospectus. If you add in the TER, the total cost of your fund is likely closer to 1% or more. 

My portfolio consists dividend/distribution paying common stock and trust units and (gulp) one mutual fund. My total costs are under 0.1% and half of that would be from the mutual fund even though it is less than 5% of the portfolio value. 

The only reason I keep the mutual fund is that in less than 10 years it as almost a three bagger.