Toronto-based Saxon Mutual Funds plans to offer F-class units for the growing fee-based channel. “We want to go after the fee-based part of the market because that is the high end of the market,” says Mary Savona, Saxon’s vice president of marketing and sales in Toronto. All of Saxon’s nine funds will be available in F-class shares, with the exception of Saxon Money Market Fund. F-class units are expected to be available for sale in June.
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