Withdrawal feesOnly Sterling Class X Shares/Units carry a withdrawal fee, which reduces each year from the date of each investment (as shown below), and applies to shares/units sold or transferred out of that share/unit class (deducted from the sale/ transfer proceeds). This fee does not apply when you switch to another fund and invest in Sterling Class X shares/units. The fee may apply in the event of your death.
| Withdrawal fees – Sterling Class X Shares/Units | |
| Withdrawal before the stated anniversary of their purchase | Withdrawal fee |
| 1st year | 4.5% |
| 2nd year | 4.0% |
| 3rd year | 3.0% |
| 4th year | 2.0% |
| 5th year | 1.0% |
| Thereafter | Nil |
