HUB Capital Inc.

Costs are associated if you are investing in mutual funds. They may not all apply to your circumstances. You should read about fees in your prospectus or Fund Fact document and discuss fees applicable to your investments with your representative. Following is a brief description of some costs:

Commission: is a fee that is paid to the representative through a mutual fund dealer from a Fund Company for the purchase of a mutual fund. Commission amounts vary according to product, and options selected at the time of trade. See Sales Charge Options below.

Trailing Commission: is a type of commission paid to the representative based on existing business held with a Fund Company; they are usually paid on a monthly basis, although some companies pay quarterly.

Sales Charge Options

Front End Load: This is the sales charge paid by you at time of purchase.

Low Load: A lower fee paid to your representative at time of purchase.

No Load: There is no fee paid at time of purchase. Speak with your representative; the Management Expense Ratio (MER) could be higher than either the front-end or backend load MERs. Over the longer term, this could significantly decrease your returns.

Deferred Sales Charge (DSC) or Back End Load: There is a fee paid to the representative at the time of purchase. A back-end load is the fee charged to investors when they redeem, or sell back, their units to the fund. This fee is usually staggered, with earlier redemptions paying a higher fee – a policy designed to discourage early withdrawals. A typical range starts at 5% or 6% for redemptions during the first two years and decreases to 0% after seven to ten years. The redemption fee schedule given below is typical of many funds:
• During the 1st year 6.0%
• During the 2nd year 5.5%
• During the 3rd year 5.0%
• During the 4th year 4.5%