Self-directed investors prefer commissions-based relationships
Fidelity’s recent launch of two zero-fee index mutual funds highlights the revenue pressures facing traditional investment managers, report states
Although the new ETFs have management fees of 0%, unitholders will still have to pay the management fees on the underlying ETFs indirectly
The firm will be reducing management fees, trailer fees and risk ratings on various funds
The OSC is expected to publish an update in late spring about how it will proceed with embedded commissions
The BCSC is boosting its efforts to educate investors about the importance of understanding their investment fees
The review aims to assess whether investors are getting useful information
The Canada Revenue Agency recently decided to defer application of the “advantage rules” by one year
The model disclosure is designed to help investors better understand and compare brokers’ account and service fees
The impact of fees on investor returns varies across jurisdictions, asset classes and client types