Where You Can Learn More About Investment Fees

This year, investors started receiving annual Charges and Compensation Reports from their investment advisors as part of recent securities rules known as Client Relationship Model, Phase 2 (CRM2). The report provides more detailed and transparent information about the charges and fees you pay for your investments.

The British Columbia Securities Commission (BCSC) conducted a three-part Investor Readiness for Better Investing study to measure how well BC investors understand the investment fees they pay and how the new CRM2 fee reports affected investor knowledge and behaviour. The findings of the research showed the new reports have produced a positive overall effect on investor knowledge.

After receiving encouraging results from the research, we launched a new landing page to help investors build on their knowledge of investment fees. The Take a Look at Your Investment Fees page includes a new video that helps explain the new CRM2 fee reports and helps investors look for key items in their reports. This page also features tools and resources, such as an investment fee calculator and investment fee guide.

Fees are a necessary part of investing and they have the power to impact your investment returns over time. Understanding this impact is an important step in making more informed investment decisions.

How Can I Learn About Investment Fees?

Also, go and have fee discussions with your registered investment advisor in order to assess if it’s time to:

  • Renegotiate your fee arrangement.
  • Rebalance or change your mix of investment products.
  • Consider changing your advisor and/or firm.

If you have any concerns about a person or company offering an investment opportunity, please contact BCSC Inquiries at 604-899-6854 or 1-800-373-6393 or through e-mail at [email protected]. You can also file a complaint or submit a tip anonymously using BCSC’s online complaint form.

InvestRight.org is the British Columbia Securities Commission’s investor education website.

Suggested Reading

CSA Reminds Investors to Check Registration

City of Surrey’s Focus on Seniors forums

In your community this month – October 2011

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