Management Fees

1.00%

on first $300,000 of assets under management

0.75%

on next $700,000

0.50%

on next $2,000,000

0.25%

on balance

We do not offer performance-based fee arrangements. Our management fees are typically billed directly to the portfolio on a quarterly basis in advance, based on the market value of assets at the beginning of the quarter.

The client is responsible for both brokerage commissions and custodial fees. We typically execute trades in large blocks, which, in addition to our low turnover rates, keep aggregate brokerage commissions at low levels.

Other than our management fees, the brokers’ commissions and custodial fees, there are no other fees related to our services.

Who’s at bat for you?
Let’s Talk.

Independent for 30 years, Letko Brosseau has provided clients consistent outperformance with investments in Canada and around the world.

We take a disciplined, long-term view based on fundamental research, economic analysis and the deep industry expertise of our multi-disciplinary team.

  • Balanced
  • Canadian Equity
  • Global Equity
  • Emerging Markets Equity
  • Fixed Income
Who’s at bat for you?

30

$

Billion in firm assets under management

12.3

%

Annualized returns over 30 years, and

4.0

%

Annualized benchmark outperformance

*The annual batting average refers to the percentage of time LBA’s annual return for all assets under management exceeded the annual weighted average of all clients’ benchmarks.

Performance numbers referenced above are annualized and presented in Canadian dollars gross of fees for all assets under management from Jan 1, 1988 to Dec 31, 2017 and do not refer to any composite. The benchmark is the weighted average of all clients’ benchmarks.

Past performance does not guarantee future results.