FÉRIQUE Fund Management being a non-profit organization, its main objective is to cover its operating expenses without generating a profit margin. This business model, which stands out in the investment world, combined with the good performance and rigorous management of the FÉRIQUE Funds in 2021, enables FÉRIQUE Fund Management to lower its MERs. This reduction represents potential savings of about $ 2 million for all FÉRIQUE Fund unitholders in 2022.
The MERs of FÉRIQUE Funds include advisory services1 and are among the lowest in the Canadian mutual fund industry2. For the same gross return, lower MERs translate into higher long-term assets.
|INCOME FUNDS||MER before reduction3||MER after reduction4||INDUSTRY5||FÉRIQUE ADVANTAGE6|
|FÉRIQUE Short Term Income
|FÉRIQUE Canadian Bond||0.77||0.72||1.43||0.71|
|FÉRIQUE Global Sustainable Development Bond||0.90||0.85||1.63||0.78|
|FÉRIQUE Globally Diversified Income||0.97||0.88||1.98||1.10|
|PORTFOLIOS||MER before reduction3||MER after reduction4||INDUSTRY5||FÉRIQUE ADANTAGE6|
|Conservative FÉRIQUE Portfolio||0.82||0.78||1.90||1.12|
|Moderate FÉRIQUE Portfolio||0.93||0.87||1.90||1.03|
|Balanced FÉRIQUE Portfolio||1.12||1.04||2.22||1.18|
|Growth FÉRIQUE Portfolio||1.20||1.12||2.33||1.21|
|Aggressive Growth FÉRIQUE Portfolio||1.25||1.17||2.33||1.16|
|EQUITY FUNDS||MER before reduction3||MER after reduction4||INDUSTRY5||FÉRIQUE ADVANTAGE6|
|FÉRIQUE Canadian Dividend Equity||1.00||0.95||2.19||1.24|
|FÉRIQUE Canadian Equity||1.10||1.05||2.24||1.19|
|FÉRIQUE American Equity||1.20||1.15||2.34||1.19|
|FÉRIQUE European Equity||1.30||1.25||2.44||1.19|
|FÉRIQUE Asian Equity||1.30||1.25||2.44||1.19|
|FÉRIQUE Emerging Markets Equity||1.60||1.50||2.42||0.92|
|FÉRIQUE World Dividend Equity||1.40||1.35||2.39||1.04|
|FÉRIQUE Global Sustainable Development Equity||1.50||1.45||2.39||0.94|
|FÉRIQUE Global Innovation Equity||1.50||1.45||2.39||0.94|
1. FÉRIQUE Investment Services distributes FÉRIQUE Funds and offers financial advice at no additional cost.
2. Management expense ratios for FÉRIQUE Funds and Portfolios are among the lowest in Canada compared with their reference universe, according to Fundata Canada Inc.
3. MER before reduction : MER as of December 31, 2021.
4. MER after reduction : current MER as of January 1, 2022.
5. INDUSTRY: Median of the MERs for the investment funds in this category according to Fundata Canada Inc. As at December 31, 2021. Commission-based Funds universe. Medians may have fluctuated since the date of publication of this page.
6. FÉRIQUE advantage: What you could save in management fees with the FÉRIQUE Funds.
FÉRIQUE is a registered trademark of Gestion FÉRIQUE and is used under license by its subsidiary, Services d'investissement FÉRIQUE. Gestion FÉRIQUE is an Investment Fund Manager and assumes management duties in relation to the FÉRIQUE Funds. Services d'investissement FÉRIQUE is a Mutual Fund Dealer and a Financial Planning Firm, as well as the Principal distributor of the FÉRIQUE Funds. Please note that for commercial purposes, Services d'investissement FÉRIQUE is also known in English as FÉRIQUE Investment Services. There may be brokerage fees, trailing commissions, management fees and expenses associated with investment in the Funds. Management expense ratios vary from one year to another. Please read the prospectus before investing. Mutual funds are not guaranteed, their values fluctuate frequently and past performance may not be repeated.
FÉRIQUE Funds pay management fees to Gestion FÉRIQUE allowing it to assume the fees of the portfolio managers, the fees relating to the marketing or distribution of the FÉRIQUE Funds and the administration fees of the manager of the FÉRIQUE Funds. Each of the FÉRIQUE Funds also pays an Administration Fee to Gestion FÉRIQUE in exchange for all operating charges, except for specific Fund expenses as defined in the simplified prospectus. No commissions are payable by the unitholders for a subscription in the FÉRIQUE Funds if such subscription is made through Services d'investissement FÉRIQUE; brokerage fees could however be payable should the subscription be made through a broker other than the principal distributor,