Toronto-based Dynamic Funds is reducing fees on Dynamic Global Equity Private Pool Class, the firm announced on Friday.

As of May 1, the pool’s management fee will be lowered by 5 basis points (bps), to 75 bps, and its fixed administration fee will be lowered by 5 bps, to 15 bps, on Series F, FH and I.

The Dynamic Private Investment Pools lineup comprises 16 investment pools designed for fee-based platforms and advisors licensed as portfolio managers. Each pool is actively managed and diversified while optimized for the complementary investment styles of each portfolio manager.