Mutual funds are not insured by CDIC
A fund's expenses are made up of the management fee, operating expenses and trading costs. The annual management fee of each Tangerine Global ETF
Portfolio is 0.50%
of the Tangerine Global ETF
Portfolio’s value. Because the Tangerine Global ETF
Portfolios are new, their operating expenses and trading costs are not yet available.
for the interim period ended June 30th, 2020
for the Tangerine Balanced Growth portfolio and 1.06%
for the remaining Tangerine Core portfolios after applicable waivers and absorptions by the manager. Each Tangerine Investment Fund offers one series of units, and is considered equivalent to an A-series mutual fund. “A-series mutual funds” often refers to the standard “one-size-fits-all” funds that have traditionally populated the Canadian mutual funds universe. According to the Investor Economics Insight report dated June, 2020
the asset weighted MER
for A-series mutual funds for the year ending December 2019
was 2.06%. The MER
for each Tangerine Portfolio includes the fund’s management fee and operating expenses but does not include its trading costs. Please refer to the Tangerine Portfolio’s Fund Facts or MRFP for the fund’s most recent trading expense ratio.
Tangerine Investment Funds are managed by Tangerine Investment Management Inc. and are only available by opening an Investment Fund Account with Tangerine Investment Funds Limited. These firms are wholly owned subsidiaries of Tangerine Bank. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or operational charges or income taxes payable by any securityholder that would have reduced returns. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.