AIM Trimark Investments is making “Lower Load 4” is available to all retail investors. LL4 will provide investors with greater flexibility in their portfolios by offering a unique alternative to the conventional deferred sales charge, says the company.
Unlike the traditional DSC, which typically consists of a six or
seven-year redemption schedule, LL4 is based on a four-year schedule with reduced redemption fees to investors.
LL4 enables the advisor and investor, where appropriate, to gradually shift from transaction-driven commissions without going directly to front-end funds, says AIM Trimark.
The LL4 purchase option is available for purchases starting today, for all AIM and Trimark mutual funds, excluding AIM Trimark Core Bundles).
LL4 is also available for AIM Trimark Private Pools, which are designed to provide affluent investors with an alternative investment solution to a standard mutual fund offering.