Survey points to alarming gap in investors’ basic understanding of mutual fund investments
Mulvihill Capital Management Inc., the manager of Mulvihill Premium Split Share Corp. (TSX:MUH.A), has voluntarily agreed to cut its management fee to 0.50% per year per annum of the net asset value from 1.25% for an indefinite period.Mulvihill says the fund has implemented its priority equity portfolio protection plan to protect the original value of […]
BMO Harris Investment Management Inc. has made a couple of changes to the management expense ratio caps for its BMO Harris Private Portfolios.
Management fees to be reduced
Advisors must be able to clearly define their value proposition
The debate over Canadian mutual fund costs often fails to account for the value of advice
Maybe what’s really important is the cost of funds vs investors’ actual returns
MERs expected to drop for most series by end of 2010
Lawsuit on excessive fees sent back to a lower court for resolution
Fixed rate administration fee will be effective retroactive to Jan. 1