Our funds have low base fees. And they get even lower the more money you invest with us, and the longer you stay invested.
Our Fee Reduction Program rewards investors who have entrusted significant assets with Steadyhand, as well as long-standing investors in our funds. The benefits are two-fold: (1) If your consolidated assets exceed $100,000, you receive fee rebates every month (in the form of additional fund units); and (2) If you hold our funds for five years and longer, you receive additional rebates.
The fee rebates can be significant. Indeed, we’ve paid over $27 million to clients. Consider an investor who holds $250,000 in the Founders Fund (spread across her RRSP, TFSA and Investment Account) and is a member of our 5-Year Club. Her all-in fee would drop from 1.34% to 1.10%. If she held $500,000 with us, her fee would be less than 1%. Our Fee Calculator shows the fees associated with any given portfolio of Steadyhand funds. Check it out.
Investment fees have a direct impact on your performance. We want to see you do well. So it’s in our interest (and yours) to make sure you’re paying a reasonable base fee with the potential of receiving significant rebates ... however unreasonable they may be for our accountant.