What are the fees CST charges and what are they used towards?
As with all investment vehicles, our plans have fees associated with them. Each of our plans have different fee structure:
CST Advantage Plan
- There is a one-time sales charge of $200/unit deducted from your contributions and used to cover the cost of selling the plan, including paying commissions. A portion of the fees also goes into the sales charge refund account to make sure money is available in future years to refund 50% of the sales charge to all eligible subscribers or beneficiaries.
- All-inclusive management fee plus applicable taxes payable from the Plan’s income.
- Account maintenance fee of $3.50-$10 per year is charged depending on your contribution schedule plus applicable taxes.
- There is a one-time sales charge of $50 deducted from your initial contribution and used to cover the cost of selling the plan including paying commissions.
- There are no sales charges for plans opened for children who collect the Canada Learning Bond.
- All-inclusive management fee plus applicable taxes payable from the Plan’s income.
- There is a one-time sales charge of $50 deducted from your initial contribution and used to cover the cost of selling the plan including paying commissions.
- There are no charges for plans opened for children who collect the Canada Learning Bond.
- All-inclusive management fee plus applicable taxes payable from the Plan’s income.