HST-free provinces to get their own mutual funds

Some companies are launching separate series.

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The introduction of the HST in B.C. and Ontario is making the mutual fund landscape in Canada a lot more complicated. According to Investment Executive, most fund companies are taking a “blended” approach, applying the same tax increase to all fund holders, regardless of what province they live in.

However, some companies are creating separate series of funds for provinces that don’t have HST—Alberta, Manitoba, Saskatchewan, PEI and Quebec.

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