As with all other investment vehicles, our plans do have fees. The structure of the fee depends on the plan. The following were the fees for the year ending October 31, 2020. With CSTTM Advantage Plan, we ask for

  • A one-time sales charge of $200/unit deducted from your contributions is used to cover the cost of selling the plan, including sales commissions. A portion goes into the sales charge refund account to ensure that money is available in future years to return 50% of the sales charge to you (as long as you remain eligible).
  • All-inclusive management fee of 0.59% (plus applicable taxes) of assets broken down as follows:
    •  Administration (0.50%)
    • Trustee and custodian (0.02%)
    • Portfolio manager (0.07%)
  • An Account maintenance fee of $3.50-$10 per year depending on your contribution schedule, plus applicable taxes.

Your overall CST™ Advantage Plan fees depend on a number of factors:

  • The number of units purchased
  • Your contribution schedule
  • The number of years you have to save

 

In the Individual Savings Plan, we ask for: 

  • A one-time sales charge of $50, deducted from your initial contribution, is applied to cover the cost of selling the plan, including sales commissions. We don't charge the sales charge for plans opened by parents for the Canada Learning Bond for their children.
  • All-inclusive management fee of 1.21%* (plus applicable taxes) of assets broken down as follows:
    • Administration (1%)
    • Trustee and custodian (0.05%)
    • Portfolio manager (0.16%)

 

In the Family Savings Plan, we ask for: 

  • A one-time sales charge of $50, deducted from your initial contribution, is used to cover the cost of selling the plan, including sales commissions. We don't charge the sales charge for plans opened by parents applying for the Canada Learning Bond for their children.
  • All-inclusive management fee of 1.11%* (plus applicable taxes) of assets broken down as follows: 
    • Administration (1%)
    • Trustee and custodian (0.03%)
    • Portfolio Manager (0.08%)

When you meet with one of our Sales Representatives to discuss your goals, we will calculate the sales charges you'll pay upfront as well as the plan maintenance fee (for group plans only). 

 

In the discontinued group plans (Group Savings Plan and Founders' Plan), we ask for:

•A one-time sales charge of $200 per unit deducted from your contributions is used to cover the cost selling the plan, including paying commissions. For Group Savings Plan, a portion of the sales charge also went into the sales charge refund account to make sure money is available in future years to refund 100% of the sales charge to eligible subscribers

•Account maintenance fee of $3.50-$10 per year depending on your contribution schedule plus applicable taxes. 

For Group Savings Plan, we ask for:

  • All inclusive management fee of 0.60%* (plus applicable taxes) of assets broken down as follows:
    • Administration (0.50%)
    • Trustee and custodian (0.03%)
    • Portfolio manager (0.07%)

 

For Founders’ Plan, we ask for:

  • All inclusive management fee of 0.74%* (plus applicable taxes) of assets broken down as follows:
    • Administration (0.50%)
    • Trustee and custodian (0.04%)
    • Portfolio manager (0.20%)


Please note that these plans are no longer available for sale.