Series D and Series F units of the Canadian Equity Fund and of the U.S. Equity Advisor Fund are solely available for purchase through authorized third-party dealers and require a minimum initial investment of $5,000 and subsequent purchase minimum of $1,000.

In order to purchase units of these fund please contact your investment advisor and inform them that you wish to purchase units of either fun, providing them with the following references:

Canadian Equity Fund
(only Canadian dollar investments)
Series D reference Fund Code NGM 272
Series F reference Fund Code NGM 270
U.S. Equity Advisor Fund
(for investments in Canadian dollars)
Series D reference Fund Code NGM 372
Series F reference Fund Code NGM 370
U.S. Equity Advisor Fund
(for investments in U.S. dollars)
Series D reference Fund Code NGM 373
Series F reference Fund Code NGM 371

 

Fund Series Descriptions

Series F

Series F units are intended for fee-based accounts where investors pay their advisor for investment services and advice and for investors who have discount brokerage accounts. Accordingly, Series F units have a lower MER (management expense ratio) than series D units. Both the North Growth U.S.Equity Advisor Fund Series F and the North Growth Canadian Equity Fund Series F charge an MER of 0.70%.

Series D

Both the North Growth U.S. Equity Advisor Fund Series D and the North Growth Canadian Equity Fund Series D charge an MER of 1.00%, which includes a 0.30% trailing commission paid to the dealer.