The changes affect administrative and management fees, as well as risk ratings
Fees for certain series of NBI funds and Meritage Portfolios will be reduced
Lower fees or risks ratings for three Franklin LibertyShares ETFs
New information aims to help investors determine whether a higher-cost, actively managed mutual fund fits their investment goals better than a lower-cost alternative
The firm has also made Private Wealth series accessible to more investors
Mutual fund dealer announces fee reductions of between 0.05% and 0.30%
The firm has is also proposing a change to the investment objective Sentry Canadian Resource Class
D-class and IS-class units across all Excel mutual funds closed to new investments
New management fees range from 0.75% to 0.77%
Recent reductions by major mutual fund firms range from 5 bps to 55 bps