What are the fees and expenses associated with investing with IGM Financial?

The fees and expenses associated with investing through IGM Financial can vary depending on the specific products and services utilized. IGM Financial offers a range of investment options, including mutual funds, segregated funds, and managed portfolios, each of which may have its own fee structure. Common fees to consider include management fees, which are typically a percentage of the assets managed and are charged annually, as well as administration fees that cover the operational costs of the funds. Additionally, investors may encounter sales charges or commissions that apply when purchasing or redeeming certain investments, particularly with mutual funds. Other potential costs might include performance fees, which are charged based on the investment's performance exceeding a specified benchmark. It is essential to review the prospectus or offering documents associated with each specific investment product to understand the fees and expenses in detail, as they can significantly impact overall investment returns. Investors can also check the current IGM Financial website for the most up-to-date information on fees and expenses. Being well-informed about these factors can help investors make prudent decisions that align with their financial goals.