![]() The annual fixed administration fee is 0.15% of the Portfolio's value. The annual management fee is 0.50% of the Portfolio's value. In 2012 Tangerine was acquired by Scotiabank, and operates independently as a wholly-owned subsidiary.ġ The Portfolio's expenses are made up of the management fee, operating expenses (including the fixed administration fee), and trading costs. Tangerine Bank was launched as ING DIRECT Canada in 1997. With over 1,000 employees in Canada, the bank's presence spans its website and Mobile Banking app to its 24/7 Contact Centres and Toronto-based head office. From Savings Accounts to no-fee daily Chequing, Credit Cards, GICs, RSPs, TFSAs, Mortgages, lending products and Investment Funds through its subsidiary, Tangerine Investment Funds Limited, Tangerine Bank has the everyday banking products Canadians need. Tangerine Bank offers banking that's flexible and accessible, products and services that are innovative, fair fees and award-winning Client service. With over 2 million Clients and close to $40 billion in total assets, it's one of Canada's leading digital banks. Tangerine Bank is a digital bank that delivers simplified everyday banking to Canadians. Tangerine Investment Funds Limited is the principal distributor of the Tangerine Investment Funds. Both firms are wholly-owned subsidiaries of Tangerine Bank. and are available only by opening an Investment Fund Account with Tangerine Investment Funds Limited. Tangerine Investment Funds are managed by Tangerine Investment Management Inc. To learn more about how to get started with the Tangerine's new Global ETF Portfolios, click here. Check out our Forward Thinking Blog for more resources and tips about investing. Plus, Tangerine Clients can reach their financial goals more easily by setting up Tangerine Goalswith their Account, to help stay on track. Tangerine's new Global ETF Portfolios make it simple for Clients to check "start investing" off their list of resolutions. With 2020 nearly in the rearview, it's time to start thinking about New Year's resolutions and 2021 financial goals. Compare our Core Portfolios and Global ETF Portfolios here. Both Portfolio options offer a digital end-to-end to experience, accessible minimum investment, automatic contributions and the option to choose from RSP, TFSA, RIF and non-registered Accounts. Tangerine has been helping Canadians invest online for more than a decade, and these new Global ETF Portfolios join Tangerine's existing Core Portfolios to offer Clients even more options to suit their investment needs. It's just another way we're helping more Canadians realize their financial goals." "We're giving our Clients more investment options with the same low fees they expect from us. "While we've always been known as a great place to save your money, our new Global ETF Portfolios are the latest offering to broaden our everyday banking experience," said Gillian Riley, President & CEO of Tangerine Bank.
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