Front Street waiving fees on three corporate class funds

By Staff | November 25, 2011 | Last updated on November 25, 2011
1 min read

Front Street Capital has announced a cumulative adjustment to waive fees and expenses (excluding trailer fees) for three new corporate class funds.

The affected funds are the Front Street Growth and Income Fund, Front Street Value Fund and Front Street Global Opportunities Fund.

“We are absorbing the fees and expenses to ease the transition for investors. We are committed to providing access to our world-class portfolio managers, and are confident in their ability to deliver returns,” said Gary Selke, CEO, Front Street Capital.

A price adjustment representing the cumulative waived fees and expenses will be made on November 24, 2011, for investors on record as at October 31, 2011. All investors who purchased the funds prior to that date will be positively impacted with an appreciation in assets held.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.