Investment costs reduce retail investor returns by 25% on average, the report says
The SocieTerra Growth Portfolio and Desjardins Québec Balanced Fund are affected
Pricing model distinguishes between management and advice costs
Dozens of funds will be affected
The adjustment affects five series of the fund
Desjardins Investments said Wednesday that it's closing two funds
Changes include management and fees
Mergers to occur in November
IGM Financial Inc. has reported preliminary total investment fund net new money in February of $670.6 million (mutual funds and ETFs). Total assets under management were $156.4 billion on Feb. 28, 2018, compared with $157.5 billion on Jan. 31, 2018, and $146.0 billion on Feb. 28, 2017. Investment fund assets under management were $149.7 billion […]
Morningstar's Canada fund indexes had a rough month in February