One wealth management company has reduced fees across a number of its funds, with the aim of helping advisors grow their business for a “fee-based future.”
One wealth management company has reduced fees across a number of its funds, with the aim of helping advisors grow their business for a “fee-based future.”
Dynamic Funds announced broad-based fee reductions across 41 of its funds, including 69 fee-based fund series. It also lowered management fees for fee-based fund series will be lowered by between five to 25 basis points.
“We first introduced lower fee-based pricing as part of our Altitude Investment Programme and most recently through our Dynamic Private Investment Pools lineup, and have now extended this pricing advantage across our overall fee-based product platform,” said Mark Brisley, managing director, Dynamic Funds. “Giving advisors real pricing power through a cost-efficient and differentiated platform is just another way we can help grow their business for a fee-based future.”
The fee reductions are expected to further enhance Dynamic’s robust platform of broad, flexible, and competitive pricing options.
“At Dynamic, we believe we can provide real value to advisors and their clients by introducing these management fee reductions, especially when coupled with our legitimately active approach to investing,” said Jordy Chilcott, president & CEO, Dynamic Funds. “Attractively priced investment solutions will help advisors demonstrate their value to clients in a changing regulatory environment that is underpinned by fee transparency and accountability.”
In addition, among the funds affected, 13 traditionally priced series will have their management fees lowered. This will impact a variety of Dynamic funds including several equity, fixed income, and balanced mandates.
In addition, 1832 Asset Management L.P., the manager of Dynamic Funds, DynamicEdge Portfolios and Dynamic Managed Portfolios, announced the results of recent special meetings that it has received securityholder approval for its proposal to merge certain mutual funds.
They are as follows:
Dynamic Funds announced broad-based fee reductions across 41 of its funds, including 69 fee-based fund series. It also lowered management fees for fee-based fund series will be lowered by between five to 25 basis points.
“We first introduced lower fee-based pricing as part of our Altitude Investment Programme and most recently through our Dynamic Private Investment Pools lineup, and have now extended this pricing advantage across our overall fee-based product platform,” said Mark Brisley, managing director, Dynamic Funds. “Giving advisors real pricing power through a cost-efficient and differentiated platform is just another way we can help grow their business for a fee-based future.”
The fee reductions are expected to further enhance Dynamic’s robust platform of broad, flexible, and competitive pricing options.
“At Dynamic, we believe we can provide real value to advisors and their clients by introducing these management fee reductions, especially when coupled with our legitimately active approach to investing,” said Jordy Chilcott, president & CEO, Dynamic Funds. “Attractively priced investment solutions will help advisors demonstrate their value to clients in a changing regulatory environment that is underpinned by fee transparency and accountability.”
In addition, among the funds affected, 13 traditionally priced series will have their management fees lowered. This will impact a variety of Dynamic funds including several equity, fixed income, and balanced mandates.
In addition, 1832 Asset Management L.P., the manager of Dynamic Funds, DynamicEdge Portfolios and Dynamic Managed Portfolios, announced the results of recent special meetings that it has received securityholder approval for its proposal to merge certain mutual funds.
They are as follows:
| Terminating Fund | Continuing Fund | ||
| Dynamic Aurion Canadian Equity Class | to merge into | Dynamic Aurion Tactical Balanced Class | |
| Dynamic Real Return Bond Fund | to merge into | Dynamic Advantage Bond Fund | |
| DMP Canadian Dividend Class | to merge into | DMP Value Balanced Class | |
| DMP Canadian Value Class | to merge into | DMP Value Balanced Class | |
| DMP Power Canadian Growth Class | to merge into | DMP Value Balanced Class | |
| DMP Global Value Class | to merge into | DMP Power Global Growth Class | |
| DynamicEdge 2020 Class Portfolio | to merge into | DynamicEdge Conservative Class Portfolio | |
| DynamicEdge 2020 Portfolio | to merge into | DynamicEdge Conservative Class Portfolio | |
| DynamicEdge 2025 Class Portfolio | to merge into | DynamicEdge Balanced Class Portfolio | |
| DynamicEdge 2025 Portfolio | to merge into | DynamicEdge Balanced Portfolio | |
| DynamicEdge 2030 Class Portfolio | to merge into | DynamicEdge Balanced Growth Class Portfolio | |
| DynamicEdge 2030 Portfolio | to merge into | DynamicEdge Balanced Growth Portfolio | |
