Sarbit Asset Management Inc. announced today, that effective immediately, a low load purchase option is available for their flagship fund, the Sarbit US Equity Trust.
Sarbit’s new low load purchase option provides investors with the opportunity to purchase units of the Sarbit US Equity Trust without paying a front end sales charge.
“We are very pleased we can offer advisors what we believe is one of the most competitive low load structures in Canada for the RRSP season,” says Larry Sarbit, CEO and President, Sarbit Asset Management.
The low load option offers advisors the certainty of cash flow by earning a 1% trailer, and gives advisors the ability to reduce their DSC positions, if they so choose.
Further benefits of the new low load purchase option are:
- up front commission of 2%, paid to the dealer)
trailer remuneration of 1% per year, paid to dealer, monthly;