Fixed rate administration fee will be effective retroactive to Jan. 1
Name change better reflects Counsel’s role as a comprehensive portfolio service company
Switch takes effect Nov. 1
Fees cut on on two money market funds
Fixed administration fees also approved
Low interest rates prompt reductions
Great-West Lifeco unit proposes to apply performance fees to more funds
Similar fixed-fee proposals have been adopted by unitholders at a number of Canada’s largest mutual fund companies.
Unitholders to vote on fee change for Saxon Funds
New measures include reduced MERs for RBC Target Education Funds