What can I do to avoid trailing commissions, or can my RRIFs be transferred to another institution?
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Our response:
When evaluating your investment options, carefully review the fees and expenses of any funds you are considering and ask questions before you buy or make a change.
These previous questions may help provide insight to help you take the next step:
- “What saves me more money on fees relating to my mutual fund investments? Front-loaded fees or deferred sales charges?”
- “Should I transfer my mutual fund to another institution to save on fees?”
- “What’s the maximum trailing fee you can be charged on a mutual fund?”
Visit GetSmarterAboutMoney.ca to learn more about investing including, mutual funds and mutual fund fees.