As of July 15, 2016, the management costs related to your investments will be identified in a very clear and transparent fashion.
The Management Expense Ratio (MER) represents the total costs that you are already paying for your investment. It is important to highlight that you do not have to pay outright the cost of the MER, it is rather paid from the investment fund itself, which reduces the consequential value of your investment.
We are attaching a short video to help you better understand.
If you have questions, do not hesitate to communicate with us.
Louis Lamontagne
2865 ave du Cosmodôme, Suite 901
Laval (Québec) H7T 0G6
Toll free : 1 855 818-9808
Phone : 514 918-0312
Fax : 1 866-830-9317
louis.lamontagne@prosphere.ca