I am currently a holder of TD's e-Series funds in my investment portfolio.

However, the other day, I came across a new series of funds offered by TD: D-Series funds.

From what I can tell, the funds are too new to have their expense ratios published. However, as an example, this D-Series fund states:

  • Annual management fee of up to 1.10%
  • Administration fee is 0.30%
  • Trailer fee of up to 0.25%

If I understand correctly, this adds up to nearly 1.70% which isn't really low cost. Perhaps, it is considered low cost compared to other advisor based mutual funds in Canada.

Now for my actual question: D-Series funds launched in February 2015. How is it possible that a fund doesn't have a published expense ratio after almost half a year of operations? As an investor, how do I know what I am getting in to?

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Browse other questions tagged or ask your own question.