Fee structure

Everything you need to know about fee deductibility

Learn which investment fees are deductible and how those fees are treated by CRA in various structures, funds and accounts.

By Staff |April 13, 2017

1 min read

Tax News

RRSPs, RRIFs and fee deductibility: what you need to know

This article will discuss deductibility in relation to RRSPs, RRIFs and TFSAs.

March 27, 2017

7 min read

Tax News

Corporate-class funds and fee deductibility

How MERs versus direct fees are treated

By Doug Carroll |March 24, 2017

6 min read

Industry

National Bank Investments reduces fees

National Bank Investments is reducing its administration fees, management fees and trailing commissions on certain Meritage Portfolios, effective April 1, 2017. Read: What do you do to make fees more transparent? Administration fee reductions The administration fees for the following Meritage Portfolios will be reduced as indicated in the table below. Portfolios and series Current […]

By Staff |March 16, 2017

3 min read

What do you do to make fees more transparent?

Jane Alm senior investment advisor, National Bank Financial in Edmonton We carefully explain fees—for management expense ratios (MERs), advice and transactions—in both percentages and dollar amounts. If a client is on a transactional account, we explain costs before the transaction occurs, because that sometimes changes the client’s buy strategy. When clients see dollar amounts, they […]

March 10, 2017

2 min read

Mackenzie Investments automates series switching, reduces fees

Mackenzie Investments is implementing automatic switching into its Private Wealth series. Beginning April 13, 2017, and the second Friday of every month thereafter, investors with at least $100,000 per fund and households with at least $250,000 will be automatically switched into the appropriate Private Wealth series. Investors will be moved into the lowest-fee series for […]

By Staff |March 8, 2017

2 min read

Horizons ETFs drops fee for municipal bond ETF

Horizons ETFs Management (Canada) and its affiliate, AlphaPro Management Inc., have reduced the management fee on the Horizons Active Cdn Municipal Bond ETF (HMP) Class E units. The fee has dropped to 0.29% from 0.35%, effective immediately. In parallel, HMP’s Advisor Class unit fee has also been reduced to 0.79% from 0.85%.

By Staff |February 7, 2017