Dynamic Funds has announced fee reductions to 41 of its funds, including 69 fee-based fund series. Management fees for fee-based fund series will be lowered by between five to 25 basis points, effective June 16, 2015.
In addition, among the funds affected, 13 traditionally priced series will have their management fees lowered. This will impact a variety of Dynamic funds including several equity, fixed income, and balanced mandates. For a complete listing of the affected funds and their respective fee reduction, click here.