How are they different?
The biggest differentiating factor lies in their distribution policies. The T and T5 series are meant more for investors looking to obtain regular, fixed monthly distributions. The Advisor series are more variable and difficult to predict, with any capital gains distributed annually in December.
F, F5 & FT Series
These series are only offered to investors with a fee-based account with dealers who have entered into an agreement with us.
Please note that this also applies to our FH Series (see the H & FH Series section below).
Fee structure
Investors pay their dealer an annual fee based on the asset value of their account instead of paying commissions or fees on each purchase, switch, conversion or redemption.
How are they different?
It all lies in their distribution policies. The F5 and FT series are meant more for investors looking to obtain regular, fixed monthly distributions. The F series are more variable and difficult to predict, with any capital gains distributed annually in December.
H & FH Series
Our hedged series are intended for investors looking to obtain exposure to foreign equity markets while minimizing the impact of foreign currency fluctuations against the Canadian dollar. When portfolio managers purchase foreign securities, foreign currency-forward contracts are used for hedging purposes, which aims to reduce fund turnover and transaction cost.
