London, Ont.-based Quadrus Investment Services Ltd. now offers a rebate in management fees for the company’s Quadrus Group of Funds for unitholders’ accounts that meet a certain asset level. Unitholders with $100,000 or more invested in series Q, D5, D8, QF, H, H5, H8 and RB funds are eligible for the rebate. The rebate will be applied automatically and will be used to purchase additional units of the funds. The total market value of all Quadrus Group of Funds held by each unitholder is aggregated to determine the amount of the reduction in the management fee. These funds are managed by Toronto-based Mackenzie Financial Corp. and are distributed exclusively through Quadrus Investment Services, part of the Winnipeg-based Great-West Lifeco Inc. group of companies.
(fcollie@investmentexecutive.com).
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