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How are the investment management fees calculated?

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How are the investment management fees calculated?

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A. The Foundation is using some of Canada’s most respected investment firms. Funds entrusted to CGFCF are invested with these firms, and are subject to varying levels of operating, management and distribution expenses that are reflected in the daily net asset value (NAV). The management expense ratio (MER) will vary with the fund(s) selected.

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