Capital International Asset Management (Canada), Inc. announced today that effective Jan. 1, 2007, the investment management fee of Capital International – Global Equity Fund will be lowered five basis points on the assets over $500 million.

The fund’s assets have already exceeded $500 million.

This lower fee is directly related to the growth of the fund;s assets from $10 million at launch in 2002 to more than $700 million at this time. The fund’s current management expense ratio (MER) already is well below the industry average for its peer group.

“This lower fee is consistent with our organization’s history of passing on the benefits of scale to our investors around the world, and now in Canada,” said Mark Tifffin, president, Capital International president, in a release.