• What are mutual funds?

• Why invest with Audentium?

• What happens if my advisor dies?

• Who pays for the advisor's services?

• How do investment fund companies get paid?

Professional and self regulatory organizations we work under:

	Financial Planners Standards Council
	Mutual Funds Dealers Association of Canada
	Certified General Accountants of Ontario
Fund companies we work with:
	CI Investments
	Fidelity Investments
	Franklin Templeton Investments

Audentium Financial Corp. provides personal financial planning services. We help you achieve your financial goals by planning with you for your retirement, estate, life insurance and/or education.

We have been delivering outstanding service to our clients since 1998. At all times, we

put you first
consider the tax implications of all aspects of your portfolio
plan specifically for you and your family
monitor your investments
keep your financial plan focused yet flexible
keep in touch with you
understand that our success emanates from your success

It is important to understand that when you work with us, your broker or your advisor does not hold your investments. Your investments are held by the investment firm, like Fidelity Investments or CI Investments. So, in essence, you hold an account with the investment firm, your advisor assists you with your decisions; facilitates the investment process; and services your account.

So, what happens if your advisor dies? Audentium Financial Corp. will assign you a new advisor and your account will be looked after. If you decide to move your account to a new broker or a bank, you are free to do that because your account is always held by you, not your advisor or broker.

A) We are paid by commissions and trailers from the fund company where your money is invested.

If you redeem your investments in the first 7 years, you will be charged a fee by the fund company called Deferred Sales Charge. These fees are on a declining basis from year 1 to year 7. Approximately, year 1 is 5.5% and year 7 is 2%. After that it is zero.

However, you can always withdraw 10% of your money in any one year without a fee. If you do not withdraw it, it will be available to you in the following year, in addition to the 10% you are allowed to withdraw that year.

B) Alternatively, you can pay an upfront fee to us, called Initial Sales Charge, or Front End fee, when you buy your investment. Your advisor and you can agree on how much to pay. It can be anywhere from zero to 5%. Then you will not be charged any deferred sales charges whenever you withdraw any money.

Investment fund companies get paid by charging a fee to each fund for the management of that fund. These fees are called MER (Management Expense Ratio). These fees go to pay all the costs of the company that is running the fund, including paying the advisors who are servicing your account.

These fees range from under 2% and up to over 4% per year depending on the fund type, whether it is a Canadian fund or a Global fund, or whether it is a Guaranteed fund (called Segregated funds). For example, if you see on your statement that you made 8% return for the year on your fund, in essence the fund made 10% but paid a 2% fee for its management.