Realize added value with household contract-linking and Management Fee Reimbursements

MPIP Segregated Pools helps clients with significant assets realize more value. This exclusive program considers all of the contract balances within your household and offers a reimbursement of the management fees. What's more, you can realize this value while continuing to work with the advisor you know and trust.

Household contract-linking
A household balance is determined by combining and linking the total market value of all MPIP Segregated Pool contracts held within your household. This can include contracts owned by your spouse3 and other family members residing at the same address. It can also include corporate contracts where a qualifying household member beneficially owns more than 50 per cent of the corporation’s voting equity.

Management Fee Reimbursements (MFR)
If the total household balance invested in the pools exceeds $500,000, every contract within the household may benefit from a Management Fee Reimbursement. MFR rates differ by Pool Category and Asset Band Tiers as outlined in the chart below. MFRs are credited to the contract in the form of an allocation of additional Units in the relevant Fund(s) and are not paid in cash.

Management Fee Reimbursement Rates*

POOL CATEGORY $500k+ TO $1M $1M+ TO $5M $5M+
Equity Pools 5 basis points 10 basis points 15 basis points
Balanced Pools 5 basis points 7.5 basis points 10 basis points
Fixed Income Pools 2.5 basis points 5 basis points 5 basis points

* Management Fee Reimbursement rates that are listed do not include applicable HST. A basis point (BPS) is a unit that is equal to 1/100th of 1 per cent, and is used to denote the change in a financial instrument. The basis point is commonly used for calculating changes in interest rates, equity indexes and the yield of a fixed-income security.

3 The term spouse includes common-law partner as these terms are defined by the Income Tax Act (Canada).


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