For all clients, Corex does not currently charge clients any amounts in respect of the operation, transfer, or termination of their account(s) with us. These types of charges are referred to as “operating charges”. If we decide to impose any operating charges, we will advise you at the time your account is opened in the documents described above that are applicable to your account(s).
For Corex clients who receive our discretionary portfolio management services, after your account is opened, we will provide you with at least 60 days written notice before we impose any new or increased operating charges. Corex currently covers the custodian and trading fees associated with your account. Note that the investment account custodians do generally charge a transfer fee payable directly by you. However, in most cases, the recipient institution often reimburses you for receiving the transferred assets, although we cannot guarantee all financial institutions do so.
Corex currently charges up to 0.75% as a discretionary management fee, depending on what level of service we provide you as agreed during onboarding.
If you invest in securities of our funds, other investment funds, or other pooled investment vehicles, you will indirectly bear the fees and expenses paid by those funds or other vehicles. These fees and expenses will be disclosed in the offering documents or other disclosure documents that you receive. For investment funds created, managed, and advised by us, the management fees are disclosed in the help centre under Corex Funds.