Vancouver-based OceanRock Investments Inc. has cut the maximum annual management fees for the Series F units of all of its funds.
The new fees, which are in effect, will range from 0.6% to 0.9%, down from 0.75% to 1.25%, according to the firm’s announcement released Friday
The full list of the affected funds and their new fees can be found through the firm’s announcement.
OceanRock is known for its focus on responsible investing through its Meritas fund lineup. The firm is a wholly owned subsidiary of Vancouver-based Qtrade Financial Group, which is a member of LĂ©vis, Que.-based Desjardins Group.