Services
✓ INVESTMENT ADVISORY
✓ INVESTMENT STRATEGIES
✓ WEALTH MANAGEMENT
✓ RETIREMENT PLANNING
✓ ESTATE PLANNING
✓ LIFE INSURANCE
✓ ASSET ALLOCATION
✓ MUTUAL FUNDS
✓ ETFS
✓ CASHFLOW PLANNING
✓ PORTFOLIO CONSTRUCTION
✓ ALTERNATIVE INVESTMENTS
✓ MORTGAGE LENDING (Upon Referral)
✓ HEALTH INSURANCE
✓ TRAVEL INSURANCE
To learn more about the services offered, please contact me.
Registered Retirement Savings Plan (RRSP)
An RRSP is a retirement savings plan that you establish, that is registered with the Canada Revenue Agency, and to which you or your spouse or common-law partner contribute. Deductible RRSP contributions can be used to reduce your tax.
Any income you earn in the RRSP is usually exempt from tax as long as the funds remain in the plan; you generally have to pay tax when you receive payments from the plan.
Registered Education Savings Plans (RESPs)
A registered education savings plan (RESP) is a contract between an individual (the subscriber) and a person or organization (the promoter).
Under the contract, the subscriber names one or more beneficiaries (the future student(s)) and agrees to make contributions for them, and the promoter agrees to pay educational assistance payments (EAPs) to the beneficiaries.
There are two different types of RESP available: family plans and specified plans.
What is a mutual fund?
A mutual fund is an arrangement under which shares or units are sold to raise capital. Investors purchase units if the mutual fund is a trust or purchase shares if the fund is a corporation.
When you invest in a mutual fund, your money is pooled with the money of other investors and invested on your behalf by the fund manager. Mutual fund trusts and corporations are also known as flow-through entities.
For tax purposes, a flow-through entity treats the taxable income earned inside the entity as if you held the investments directly, instead of through the fund. The income that is distributed, or flowed out to you, keeps its identity. For example, dividend income remains dividend income, and capital gains remain capital gains when they are flowed out (or distributed) to investors.
For more information, please contact me.
Source: Canada Revenue Agency
Manulife Mutual Funds
Manulife Mutual Funds, a division of Manulife Asset Management Limited, builds on 125 years of Manulife Financial’s wealth and investment management expertise through a diverse portfolio of forward-thinking mutual fund products. Our experienced Portfolio Managers offer access to markets in Canada, the United States and around the world, in a range of investment styles to help meet individual needs. Manulife Mutual Funds is part of Manulife Investments, which offers personal wealth management products and services, such as mutual funds, segregated fund contracts, annuities and guaranteed interest contracts.
For more information, please visit manulifemutualfunds.ca