If it sounds too good to be true, then it probably is. Wherever you decide to open an RESP, there will be a fee. Sometimes it is actually called a fee and other times, it could be called a Management Expense Ratio (MER). Other times still, there may not be a fee but there is a cost to you in the form of lower returns on your investments than you would get from other RESPs that have a fee. Please do your research and ask whichever RESP company that you choose to detail the fees for you. It’s simply not true that you could hold investments in an RESP without a fee.