A price adjustment representing the cumulative waived fees and expenses will be made on Nov. 24

Front Street Capital is waiving fees and expenses, excluding trailer fees, for three new corporate class funds, the Toronto-based fund manager said Thursday.

The three funds are: Front Street Growth and Income Fund; Front Street Value Fund; and Front Street Global Opportunities Fund.

All investors who purchased the funds prior to October 31, will be positively impacted with an appreciation in assets held.

A price adjustment representing the cumulative waived fees and expenses will be made on November 24, for investors on record as at October 31. As a result of the adjustments, the corresponding NAVs will change.

“We are absorbing the fees and expenses to ease the transition for investors. We are committed to providing access to our world-class portfolio managers, and are confident in their ability to deliver returns,” said Gary Selke, CEO, Front Street Capital.