 |
Commissions |
 See complete schedule of DisnatClassic fees & commissions 
Equities & Options
Profile
|
Stock Price |
CDN or US Stocks |
Options
|
0 - 9 trades per month
& total assets under $100,000
|
Up to $2 |
1.5% of value (min $29) |
$1.50 per contract
(min $30)
|
| $2.01 & over |
up to 1,000 shares: $29 flat
Over 1,000
shares: 3¢ per share (min $29) |
10 trades per month or more
or min $100,000 in total assets
|
Up to $2 |
1% of value (min $9.95) |
$1.25 per contract
(min $17.50) |
| $2.01 & over |
Up to 1,000 shares: $9.95 flat
Over 1,000 shares: 1¢ per share (min $9.95) |
|
| Commissions are calculated on a daily basis and charged in the currency of the transaction. Minimum commission is applicable to each transaction. Commission rates applicable for the current calendar month are based on the activity and total portfolio value of the preceding calendar month. |
Mutual Funds
There are no commissions for most mutual funds, with the following exceptions*:
- Funds held less than 90 days: Commission of $32 (by Internet) or $45
(representative-assisted transactions). Fund companies may charge a "short-term trading" fee.
- Funds transferred from another institution and held for less than 90 days: Commission of $32 (by Internet) or $45
(representative-assisted transactions).
- The following funds are charged commissions ($32 / $45) for purchases, sales and switches, and
have non-standard minimum purchase amounts: Beutel Goodman, Cote 100, First
Trust, GBC Funds, McLean Budden, MD Management, O.I.Q. Férique, Optimum, Phillips Hager & North, Tradex*
- Deferred sales charge (Back-load) funds are charged a redemption fee by the fund company. Certain funds are charged different
commissions.
- Switches within the same fund family: 12 free switches per account, per year for most funds. Subsequent switches are charged commissions ($32 / $45). The fund company may charge a "short-term trading" fee for funds switched within 90 days.
* List may be modified without notice.
 |
Commissions |
Equity Trades
| CDN |
US |
| Share Price |
Commission |
Share Price |
Commission |
| $0.00 - $0.50 |
2% of trade value |
$0.00 - $0.24 |
3% of trade value |
| $0.51 - $1.00 |
$35 + 0.5¢/share |
$0.25 - $1.00 |
$39 + 2¢/share |
| $1.01 - $2.00 |
$35 + 2 ¢/share |
$1.01 - $2.00 |
$39 + 3¢/share |
| $2.01 - $5.00 |
$35 + 2.5¢/share |
$2.01 - $5.00 |
$39 + 4¢/share |
| $5.01 - $10.00 |
$35 + 3.5¢/share |
$5.01 - $10.00 |
$39 + 5¢/share |
| $10.01 - $20.00 |
$35 + 4.5¢/share |
$10.01 - $20.00 |
$39 + 6¢/share |
| $20.01 - $30.00 |
$35 + 5.5¢/share |
$20.01 - $30.00 |
$39 + 7¢/share |
| $30.01 & over |
$35 + 6.5 ¢/share |
$30.01 & over |
$39 + 8¢/share |
|
- Minimum commission per transaction is $45, calculated on a daily basis.
- Flat commission on orders of $2,000 or less: $45.
- Commission is charged in the currency of the market traded.
- Cash delivery transactions: $30 + applicable commissions.
- Euroclear buys or sells: $150 + applicable commissions.
- Clearing restricted shares (i.e. Securities Act 1933): $100, GST and PST applicable.
|
Option Trades CDN
$2.50 per contract
- Minimum commission per transaction is $35, calculated on a daily basis.
- Commission is charged in the currency of the market traded.
Option Trades US
$2.50 per contract
- Minimum commission per transaction is $35, calculated on a daily basis.
- Commission is charged in the currency of the market traded.
Option Assignments & Exercises (per transaction)
| Underlying Price |
Commission |
| Up to $5 |
$30 + 2.5¢/share |
| $5.01 & over |
$30 + 4¢/share |
|
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