Common use of Effective Annual Cost Clause in Contracts

Effective Annual Cost. All feesdisclosedinclause8.1–8.4above, aswell aspermissibleunittrustdeductions, arereflectedasyour Effective Annual Cost. Your Effective Annual Cost is a calculation that projects the fees and costs deducted from your investment as a percentage of its value over time. This allows you to compare the charges you will incur across different financial products. If you would like to calculate your Effective Annual Cost, please register your investments online via our secure website and login into your secure online account.