Joined
·
2 Posts
I've read a fair deal about the TD e-series mutual funds in various forums and articles. It appears that these are regarded as excellent no-load index funds with low MERs and low investment requirement. However, in digging a bit deeper, I noticed that in Part A of TD's Simple Prospectus, amongst the arsenal of fees and expenses listed, there is one called "Index Fund transaction charge."
Quoting from it:
Source: http://bit.ly/17OegJ
I'm wondering if anyone has experience with these charges and whether they have been applied to e-series funds in the past.
Regards,
Neil
Quoting from it:
The following Index Funds may, after 60 days’ notice (or
such shorter period as permitted by securities regulatory
authorities), charge a portfolio transaction fee of up to
0.50% of the amount invested on your initial investments
and subsequent purchases (except units purchased through
distribution reinvestment):
TD Canadian Index Fund
TD Dow Jones Industrial AverageSM Index Fund
TD U.S. Index Fund
TD U.S. Index Currency Neutral Fund
TD Nasdaq® Index Fund
TD European Index Fund
TD International Index Currency Neutral Fund
TD Japanese Index Fund
such shorter period as permitted by securities regulatory
authorities), charge a portfolio transaction fee of up to
0.50% of the amount invested on your initial investments
and subsequent purchases (except units purchased through
distribution reinvestment):
TD Canadian Index Fund
TD Dow Jones Industrial AverageSM Index Fund
TD U.S. Index Fund
TD U.S. Index Currency Neutral Fund
TD Nasdaq® Index Fund
TD European Index Fund
TD International Index Currency Neutral Fund
TD Japanese Index Fund
Source: http://bit.ly/17OegJ
I'm wondering if anyone has experience with these charges and whether they have been applied to e-series funds in the past.
Regards,
Neil