Buy over the Internet and save!

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.

The only way you can get e-units is to buy them over the Internet. Check out the Green Line Web site for details.

Mutual Funds Update is published monthly by Gordon Pape Enterprises Ltd.