Quote:
Originally Posted by bizaro86
I assume that money is coming out of the fees for trusteeship/investment management?
I always want to run whenever I see long financial documents with no mention of what level of fees are being charged. When the fees are embedded right into the product with low disclosure, that doesn't usually indicate that they're really low to save you money...
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There is an MER of 3.5% as part of the investment fund but no admin fees otherwise. The document was just a general overview brochure. More details available if required.