How much does it cost to enroll in Mutual Fund Maximizer?
There is no charge to enroll in Mutual Fund Maximizer and your account will therefore never be charged a fee for participating in the Mutual Fund Maximizer service. Questrade assesses a processing fee of $29.95 per month with a minimum of three months. At the close of every quarter, Questrade determines your eligible trailer rebates, subtracts the total processing fee for the quarter, and then rebates the remainder into your account. This processing fee is never charged to your account, so there is no additional payment if your rebate is less than the quarterly threshold. The threshold to begin receiving your trailer fee rebates is about CAD $36,000 in mutual funds. This assumes an average trailer fee rebate of 1%.
