Series A and Series F units of the Canadian Equity Fund, U.S. Equity Advisor Fund, and Balanced Fund are solely available for purchase through authorized third-party dealers and require a minimum investment of $100 per fund and account.
In order to purchase units of these funds please contact your investment advisor and inform them that you wish to purchase units of the funds, providing them with the following references:
| Canadian Equity Fund (only Canadian dollar investments) |
Series A reference Fund Code NGM 272 Series F reference Fund Code NGM 270 |
| U.S. Equity Advisor Fund (for investments in Canadian dollars) |
Series A reference Fund Code NGM 372 Series F reference Fund Code NGM 370 |
| U.S. Equity Advisor Fund (for investments in U.S. dollars) |
Series A reference Fund Code NGM 373 Series F reference Fund Code NGM 371 |
| Balanced Fund (only Canadian dollar investments) |
Series A reference Fund Code NGM 572 Series F reference Fund Code NGM 570 |
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 A 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%.
The North Growth Balanced Fund Series F charges an MER of 0.95%.
Series A (Formerly Series D)
Both the North Growth U.S. Equity Advisor Fund Series A and the North Growth Canadian Equity Fund Series A charge an MER of 1.00%, which includes a 0.30% trailing commission paid to the dealer.
The North Growth Balanced Fund Series A charges an MER of 1.95%, which includes a 1.00% trailing commission paid to the dealer.