Rebate
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| Go No Load Or Go Home. "Taking the load off your mutuals is what we do best" is not only our motto but it is also the basis upon which our business was founded. In light of recent marketing ploys offered by other discount dealers, Sterling Mutuals will rebate 100% of the Deferred Sale Charge ( DSC) on mutual funds. The rebate will be used to purchase additional units of the initial fund and the unit holder will be subject to the rules and guidelines as set out in the prospectus. Clients still have the option of purchasing mutuals funds on a zero load basis (Front End Load (FEL) at 0% commission). Sterling Mutuals offers over 1000 mutual funds which can be purchased for no commission. We have positioned ourselves as an alternative to the discount dealers owned by the big banks. What makes Sterling unique is that we have no minimum restrictions and offer a wider variety of funds without surcharges (PH&N, Bisset, Scudder, etc). Like our competitors, our income is generated from `trailer' fees paid by the fund companies we deal with. Economies of scale and our emphasis on technology permit us to pass the savings on to our clients. Sterling is also the first mutual fund dealer to offer Internet trading at www.sterlingmutuals.com. Sterling On Line Trading allows clients to view their accounts online and place orders over the Internet. We are currently available in Ontario, British Columbia, Manitoba, and Alberta. *Please read your prospectus carefully. Fees and penalties will apply to early redemptions. Rebate may be higher or lower depending on the mutual fund. Consult your tax advisor about possible tax implications, Additional fund units will be purchased with the rebate. |
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