Toronto, ON, January 9, 2017. . . Quadrus today announced a new rebate program for eligible investors who have consolidated assets of $100,000 in Quadrus Group of Funds. The rebate will be applicable to fund series Q, D5, D8, QF, QF5, H, H5, H8 and RB.
“Clients who meet the $100,000 threshold will now be eligible for a management fee rebate which will be applied towards the purchase of additional units that will help them to continue to grow their investment,” says Michael Stanley, President & CEO for Quadrus Investment Services Ltd. “As clients continue to grow their assets with Quadrus, the already competitive fees decrease and this lower fee will apply to every additional dollar invested above $100,000.”
The total market value of all Quadrus Group of Funds accounts associated with the client is aggregated to determine the management fee reduction that’s applied to each fund. When the client reaches the threshold, the rebate is applied automatically to all eligible accounts without any need for the client or the advisor to switch fund series or process trades.
Clients who do not currently meet the $100,000 minimum but hold assets elsewhere, may wish to consider consolidating with Quadrus to qualify for the rebate. Additionally, with a consolidated view of client assets, investment representatives are better positioned to help manage asset mixes and risk based on their clients’ individual needs.
“This initiative is about helping ensure clients are well-positioned for success in reaching their investment goals,” Stanley says. “At the same time, it’s an opportunity for advisors to demonstrate the value of advice to clients.”
About Quadrus Investment Services Ltd.
Quadrus Investment Services Ltd. (“Quadrus”) is one of the largest mutual fund dealers in Canada. Quadrus is a member of the Great-West Lifeco Inc. group of companies, which includes Great-West Life, London Life and Canada Life. Quadrus Group of Funds is distributed exclusively through Quadrus Investment Services Ltd.
About Quadrus Group of Funds
Quadrus Group of Funds is managed by Mackenzie Investments and distributed exclusively through Quadrus Investment Services. Mackenzie Investments distributes its investment services through multiple distribution channels to both retail and institutional investors. Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. For more information about Mackenzie Investments, visit mackenzieinvestments.com.
For more information, please contact:
Director, Media & Public Relations
Quadrus Investment Services Ltd.
204.946.8961 | Tim.Oracheski@gwl.ca