Among the lowest fund management fees in Canada

North Growth’s all-inclusive management fees are among the lowest in Canada. There are no additional fees beyond the management fee. Our company absorbs all the accounting and legal expenses of the funds.

North Growth Family of Funds Management Fee
US Equity 1.00%
Canadian Equity Series N 1.00%
Canadian Money Market 0.25%

If you are investing through your advisor, our fees are as low or lower:

North Growth Advisor Funds Management Fee Trailing Commission
US Equity Advisor Fund Series F 0.70%
US Equity Advisor Fund Series D 0.70% 0.30%
Canadian Equity Fund Series F 0.70%
Canadian Equity Fund Series D 0.70% 0.30%

North Growth charges 50% less

Compare our fees to the Canadian mutual fund industry average. According to Morningstar Canada, the average management expense ratio for Canadian managed equity funds is near 1.98% (September 17, 2019). That’s almost twice North Growth’s fee of 1.00%.

Look at the difference that 0.98% difference in fees can make to your investment:


A $150,000 investment in an equity fund with an average annual return of 10% and 1.98% yearly management fee — net 8.02% return per year — would be worth $324,439 in 10 years.


That same $150,000 investment at less than half the fee rate — 1.00% — would instead earn an 9.00% average annual return and be worth $355,105 in 10 years. A $30,666 difference.

Clearly, our low fees significantly improve investment results in the long-term. It’s all part of our mission to achieve the best results we can by focusing exclusively on fund management and helping our clients invest wisely.