Dynamic cuts fees

Dynamic Funds has announced fee reductions to 41 of its funds, including 69 fee-based fund series. Management fees for fee-based fund series will be lowered by between five to 25 basis points, effective June 16, 2015.

Read: Robo-advisors are here to stay: EY

In addition, among the funds affected, 13 traditionally priced series will have their management fees lowered. This will impact a variety of Dynamic funds including several equity, fixed income, and balanced mandates. For a complete listing of the affected funds and their respective fee reduction, click here.

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