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What are the fees/ charges involved?

April 26, 2017Charges fees involved

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What are the fees/ charges involved?

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Generally, there are 3 types of fees/charges: • Sales charge For funds with net asset value (NAV) pricing, the initial sales charge will be deducted from the investment amount. For funds with bid / offer pricing, the initial sales charge is already factored into the offer price. • Annual management fee • Trustee fee These charges are reflected in each individual fund’s prospectus and are usually built into the bid/offer prices.