Dynamic Funds announced Tuesday that it will lower the management fees on a number of fund series as part of enhancements to the Altitude Investment Programme.
Available exclusively through financial advisors, the comprehensive and exclusive investment program is designed to provide investment management to affluent investors.
The fee cuts range from 10 to 30 basis points, and will apply to more than 20 funds.
The new management fees take effect June 15.
The complete list of funds with their new management fees is available here.
Dynamic Funds is a division of Toronto-based GCIC Ltd., which is a subsidiary of DundeeWealth Inc. DundeeWealth Inc. is a wholly owned subsidiary of Bank of Nova Scotia.