Fees
You should always know what you pay.
Canada has some of the highest investment fees in the world, and most of them are designed to be hard to see. We take the opposite approach: complete transparency, every cost stated explicitly, and nothing buried inside a product.
The difference
Wrapped and hidden, or itemized and clear.
Most providers wrap management, advisor, and administration fees into a single price — often charged internally within mutual funds where you never see them. Here are the same costs, two ways.
A typical provider
- Investment management feeVisible
- Advisor/distributor feeHidden in product
- Administration feeHidden in product
- Embedded fund (MER) costsHidden in product
The IceCap way
- Investment management feeStated explicitly
- Administration feeStated explicitly
- Distributor/advising feeEliminated entirely
How our fees work
Lower costs, stated plainly.
Every fee, in plain sight
We state each and every fee you pay, and we never hide a cost inside a mutual fund or product. What you see on your statement is what you pay.
A structural cost advantage
The ETFs we use carry a cost advantage of roughly 1.5% on average versus actively managed mutual funds, a gap that compounds in your favour over time.
No distributor fee
Our investment approach and outsourcing strategy let us eliminate the distributor or advisory fee entirely while keeping management and administrative costs low.
See exactly what
you would pay.
Reach out for a clear, itemized breakdown of the fees on a portfolio built for you.