INVESTMENT FEES
For purchasing a fund through COL by regular account holders, there is no sales/front-end fee that will be applied. However the price of a fund is already inclusive of the necessary fees to manage the fund called a management fee. This is computed in their Net Asset Value Per Share/Unit (NAVPS/NAVPU).
Management Fees - A charge levied by the fund manager for managing the fund. This fee is typically based on a fixed percentage of total assets under management.
REDEMPTION FEES
For selling a fund, there is no back-end fee that will be applied. However funds have prescribed holding periods. If you redeem your shares earlier than the holding period, an early redemption fee will be applied.
Early Redemption Fees - The early redemption fee is paid when an investor decides to redeem shares in mutual funds prior to the completion of a specified minimum holding period.
You can find the management fee, holding period and early redemption fees per fund by clicking MUTUAL FUND > TOOLS > FUND PRODUCT GUIDE
Please note that for fund transactions, COL charges the fund provider a trail fee based on the total assets under management. It may also charge front-end fees for solicitor-assisted customers.