The Ethical Funds Co. announced on Thursday the introduction of F-Class units for all ethical funds, including the Ethical Advantage Funds. This offers fee-based advisors more flexibility in providing customized fees to clients.

Designed as an alternative to transaction-based programs, F-Class units unbundle the trailer fees that are part of the management expense ration. Through this arrangement, investors pay a fee directly to their dealer for the advice and service of their advisor instead of paying sales charges.

“The introduction of F-Class units to Ethical Funds is designed to meet the growing demand for competitive socially responsible investment options from fee-based advisors,” said Don Rolfe, President and CEO. “We’re pleased to be able to provide independent advisors with the ability to give their clients the best option that works for their situation.”