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La Presse+ quotes François Brais in an article on recent changes to mutual funds

Reading Time 1 minute read
“Des règles plus transparentes” by Martin Primeau, La Presse+

Read the article (available in French only)

“If this calculation has become complex, it’s because brokers are remunerated according to modes that vary from one fund to the next, explains François Brais, a partner with Fasken Martineau. Mr. Brais is a member of the Board of Governors of the Conseil des fonds d’investissement du Québec (CFIQ). 'Fundamentally, there are three main modes of remuneration,' he explains. 'The broker can receive a fee for each transaction, a percentage of the portfolio value on a yearly basis, or a trailer fee from the creator of the investment fund.'”


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