Fixed rate admin fee will range from 0.14% to 0.31% of a fund’s AUM
MAF drops by 25 bps to 200 bps
Change lowers costs, increases transparency for investors
Management fee drops to 1.85% on 9 funds
Investment management fee to be lowered 5 bps
Index funds sold by brokers charge much higher fees than true no load funds
MERs lowered on all Northwest Funds over the past two years
RBC DS North American Focus Fund; RBC DS Canadian Focus Fund
Move reflects change to the expense structure of the funds
Names new advisor for Viscount Canadian Bond Pool