Blog

Mutual fund fees under fire

A report commissioned by the CSA and prepared by The Brondesbury Group calls for an overhaul on how fees are paid on mutual funds. “There is conclusive evidence that commission-based compensation creates problems that must be addressed,”

The CSA is inviting comments on its proposed Fund Facts for ETFs. Just like the mutual fund version, ETF Facts would summarize funds’ characteristics in plain language, accompanied by graphs and other reader-friendly visuals. The ETF Facts would eventually appear on manufacturer websites.

The CSA has made it easier for sophisticated Canadian investors to put money into foreign offerings. As of September 8, foreign issuers no longer need to include extra disclosure documents—commonly known as a “wrapper”—when they offer securities (except mutual funds) to Canadians.

Read More

Please Login to comment.
Statements and opinions expressed in articles, reviews and other materials herein are those of the authors; the editors and publishers.
While every care has been taken in the compilation of this information and every attempt made to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. FundPage, Inc. will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site.
The content of any organizations' websites which you link to from www.FundPage.com are entirely out of the control of FundPage, Inc., and you proceed at your own risk. These links are provided purely for your convenience. They do not imply FundPage, Inc.’s endorsement of, or association with any products, services, content, information or materials offered by or accessible to you at the organization’s site.
All copyright and trademarks accessible via the links from www.FundPage.com are owned by the respective website owners, or their licensors.
FundPage shall also have the right to remove any contents posted at any time without cause as FundPage determines in its sole discretion.

My Community

My Friends