This ALERT is for investors who buy mutual funds via a
discount broker. Discount brokers shouldn’t be collecting opaquely disclosed trailer
commissions intended to provide you with investment advice. The obligation to
provide investment advice is contained in Fund Facts , the document you were
given before you bought the fund .A recent report provided by securities regulators tells
us that about $25 Billion in mutual funds at discount brokers
are A class ( a class of fund with a portion of the cost intended for advice per Fund Facts) which means that investors are being overcharged .Since discount brokers cannot and do not provide
investment advice, clients of A class funds are being robbed of returns.Clients are
not being treated fairly, honestly and in good faith as required by securities
laws. We've been asking Regulators for years to enforce the law; we're
still waiting for an answer.

This web site is dedicated to investment fund investor education and protection. The multi-billion fund industry plays a key role in the savings and retirement plans of millions of Canadians. Many industry practices provide beartraps for the unsuspecting investor and securities regulations have not kept up with the pace of change in the industry.
Wednesday, January 18, 2017
Investor ALERT : Online brokers may be overcharging you
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