Reducing fund fees leads to greater returns over time
Most investors realize that paying less in investment management fees is a good thing. After all, fees act as a drag on the returns that investors receive and this reduces the growth potential of their portfolio. What many investors may underestimate is the dramatic impact of management expense ratios (MERs) on long-term returns. Over time, higher fees eat away at the value of investments and can significantly reduce the capital that investors have available to meet their financial needs down the road.
Purpose Management Fees
We believe you should not charge high fees just because you can. At Purpose, we will charge fees that are low but still allow us to create the products that generate significant value for investors. Anyone can offer low fee investment products, but offering high quality strategies with low management fees is what matters. It is what truly differentiates us from the market.
- Management Fee displayed for Traditional, Absolute Return and Alternative Funds is for ETF or F class. Management Fee displayed for Closed-End Funds is for F or V class. Management Fee displayed for the Energy Credit Opportunities Income Fund is for A class. Management Fee displayed for the Investment Grade Managed Duration Income Fund is for T class.