Although the new ETFs have management fees of 0%, unitholders will still have to pay the management fees on the underlying ETFs indirectly
The firm will be reducing management fees, trailer fees and risk ratings on various funds
The OSC is expected to publish an update in late spring about how it will proceed with embedded commissions
The BCSC is boosting its efforts to educate investors about the importance of understanding their investment fees
The review aims to assess whether investors are getting useful information
The Canada Revenue Agency recently decided to defer application of the “advantage rules” by one year
The model disclosure is designed to help investors better understand and compare brokers’ account and service fees
The impact of fees on investor returns varies across jurisdictions, asset classes and client types
Investors with a “complete understanding of fees” are considerably more likely to recommend their firm, J.D. Power survey finds
The introduction of these fees would “achieve a fair and reasonable result for each fund”