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what percentaged is charged on low load segregated funds?
2 Answers
- ?Lv 78 years agoFavorite Answer
1. Please read the under noted site for sales chrges on segregated funds:
http://prudentasset.com/pdfs/SegregatedFundsSalesC...
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2. You can find information about fees in a mutual fund’s Fund Facts document and in its simplified prospectus. By law, a mutual fund company must prepare and file these disclosure documents with the securities regulator.
3. Low load or low sales charge (LSC) – Low load funds charge a lower sales charge (up to 3%) when you buy your units or shares, and a lower redemption fee (up to 3%) when you sell them. You usually won't have to pay a redemption fee if you hold your units or shares for at least 3 years.
4. No load – A no load fund doesn't charge a fee when you buy or sell its units or shares. A no load fund may not always be a better deal than a load fund. You should compare the MER and performance of each fund before you decide.
Source(s): http://prudentasset.com/pdfs/SegregatedFundsSalesC... ..... http://www.getsmarteraboutmoney.ca/en/managing-you... ..... - Anonymous6 years ago
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