Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Peter W. Panchyshyn who wrote (3535)	6/23/2002 9:55:09 PM
From: Scott Mc	Read Replies (2) \| Respond to of 11633

1. ---- Now you would of course be able to provide some evidence of the fees being charged daily. PETER .....READ ANY FUNDS PROSPECTUS - IT SAYS THAT DAILY NAV...... 2. Management fees are charged against the total assets of the fund. PERIOD. PETER OF COURSE ITS THE TOTAL ASSETS - IF THE TOTAL ASSETS ARE 1Million or 1Billion it is deducted from the total, that means each and EVERY dollar has the MER removed because you own a % of the total. Peter, are you just playing games?? haven't you ever read a funds prospectus? Are you not interested how and what management gets paid???? Dont you realize if you have 1$ in a fund you get charged a MER?? (please don't come back with show me a case where a fund will let you buy $1 worth, of course you can't)

To: Peter W. Panchyshyn who wrote (3535)	6/24/2002 10:32:27 PM
From: Scott Mc	Read Replies (2) \| Respond to of 11633

From Sentry Select REIT fund prospectus, its at their web site, page 8 "Management Fees 2.25% per annum of the Net Asset Value of the Fund, calculated on a business day and paid monthly." (technically you do not pay daily, its just calculated daily, I know, I know, its only business day, not every single day) They have a nice web site, nice to know fees are paying for something. Scott Fees and Expenses This table lists the fees and expenses that you may have to pay if you invest in the Funds. You may have to pay some of these fees and expenses directly. Your Fund may have to pay some of these fees and expenses, which will therefore reduce the value of your investment in the Fund. FEES AND EXPENSES PAYABLE BY THE FUND Management Fees 2.25% per annum of the Net Asset Value of the Fund, calculated on a business day and paid monthly. The management fee is subject to GST.