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BAT asked in Business & FinanceInvesting · 8 years ago

what percentaged is charged on low load segregated funds?

2 Answers

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  • ?
    Lv 7
    8 years ago
    Favorite 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.

    http://www.getsmarteraboutmoney.ca/en/managing-you...

  • Anonymous
    6 years ago

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