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Looking for funds with low MERs? Try the new “e” series from Green Line. They’re special units of popular funds that have been around for some time. The advantage is that the annual fee is much lower.
For example, the MER on the regular “A” units of the Green Line Canadian Index Fund is 0.80%. But if you buy the new “e” units, your MER is just 0.29%.
So far, Green Line is only offering “e” units on their index funds, but if that style of investing is of interest to you, take advantage of the opportunity.