Along with Operating Expenses, Taxes and Advisory Fees, this Fee Makes up the MER
What is the Investment Management Fee
100
You can do this with the Advisor Fee in N and PS2 Series
What is Negotiate?
100
To invest into this series, the minimum assets that are required are $250,000.
What is H series?
100
American Growth Fund was it's first product offerred
What is AGF
100
This is the normal range of AMS fees that advisors can charge for PS2 and N Series.
What is 0.50% - 2.00%
200
This type of duty puts the client's interest first.
What is Fiduciary duty?
200
Can I get into the High Net Worth Series with $300K in funds and $150K in Segs?
What is NO!
200
This series must be held with in a client held mutual fund account
What is N series
200
This Bank Brokerage consistently trains superior Security Specialists
What is BMO Nesbitt Burns
200
When total assets equal >$1M, pending approval of exception, this is the reduced AMS fee.
What is 0.25%
300
With the Hello Life launch, a notional value of this product is now eligible to be counted towards aggregate assets
What are Annuities?
300
Log values of the currency returns are assumed to be this type of distribution
What is a Normal Distribution?
300
When transfering between PS1 & PS2 this is created.
What is a taxable disposition?
300
Most of this competive product is passive, but active versions are emerging as well as being bundled in funds.
What is an ETF (Exchange Traded Fund)
300
N Series is available exclusively in client held accounts, unless an exception is granted. The client must have this value of total eligible assets to be considered for this exception
What is $2.5M
400
This is one account registration not eligible for HNW
What is RESP
400
This gets struck every day for most open end mutual funds
What is the NAV (Net Asset Value)
400
Suited for HNW investors who prefer fee-for service programs & who want to draw monthly income from their non-registered account in a tax efficient manner
What is N5 & N8 series?
400
This bank recently reduced it's mutual fund offering by over 10 funds
What is TD Bank
400
This is the total eligible asset range for Fee Band 4.
What is $2.5M - $4.99M
500
These expenses come off the client's returns, but are NOT included in the MER
What is a Trading Expense Ratio
500
Now available online, this is the dominant financial planning software was started by an ex-IG I.T. Exective
What is Naviplan?
500
This is not allowed within a Preferred Series policy.
What is co-mingling of funds - standard & PS funds?
500
We call it H Series, most competitors call it
What is F series
500
Clients who invest in preferred series 2 will see these 2 separate fee transactions on their quarterly statements.