Comments on: How to Open a RRSP Account?

By: Axim

Axim — Fri, 17 Jul 2009 14:51:32 +0000

I tried clicking on the link to open a TD e-fund account but it is broken. I found the proper link but the issue seems to be that if you aren’t an existing TD Canada Trust customer the application form cann’t be used and they direct you on the form to “visit the local branch”.

What I’ve read from other online posts is that for TD e-Funds you need to go into the branch, open a mutual fund account (no need to put $ in at that time), mail in a form to convert it to the e-Fund account and then can purchase online via their website and a connected chequing account at another financial institution. Why so complex? I’ll have to go into a branch to start this process.

By: Investing Intelligently » Blog Archive » DRIPs for iUnits ETFs

Investing Intelligently » Blog Archive » DRIPs for iUnits ETFs — Tue, 30 Jan 2007 22:47:17 +0000

[...] As a follow-up to my previous post where I quoted a site that said ETF distributions could only be paid out in cash, I just found out from a comment on the canadiancapitalist.com that it is possible to have distributions from iUnits ETFs re-invested through a DRIP: Dividend reinvestment plans let you take advantage of the power of compounding. Instead of receiving cash dividends from the company, you may purchase more of a company’s stock by having the dividends reinvested. Your brokerage firm may offer a dividend reinvestment plan that allows for the reinvestment of cash distributions on iUnits. Cash distributions, in the form of income, return of capital or dividends could then be reinvested in additional units of the same fund. You should check with your brokerage firm to see whether you will be charged for this service. [...]

By: Romanes Despeines

Romanes Despeines — Wed, 13 Dec 2006 15:34:22 +0000

I want to buy some Canadian Bonds.

Thx, Romanes

By: Curious

Curious — Fri, 07 Apr 2006 22:06:41 +0000

Does anyone know which ETFs can be DRIPed in an RBC Action Direct account?

The iUnits site says that 9 of their ETFs are aligible but doesn’t mention which.

Also, I couldn’t find any info about other Norht-American ETFs

By: Canadian Capitalist

Canadian Capitalist — Tue, 06 Dec 2005 17:19:11 +0000

FC: TD eFunds are a great choice for indexing. In indexing the lowest MER almost always wins.

By: Frugal Canadian

Frugal Canadian — Tue, 06 Dec 2005 00:30:42 +0000

Thanks for the info on the TD e-series funds. I hold a few TD index funds, but the e-funds MERs are half of my existing funds, for an almost identical holding and performance over the past 5 years.

By: Investing Intelligently

Investing Intelligently — Wed, 23 Nov 2005 07:47:35 +0000

DRIPs for iUnits ETFs

As a follow-up to my previous post where I quoted a site that said ETF distributions could only be paid out in cash, I just found out from a comment on the canadiancapitalist.com that it is possible to have distributions from iUnits ETFs re-invested t…

By: Alex Givant

Alex Givant — Tue, 22 Nov 2005 22:29:42 +0000

For those of you who interested in EFT, here is info about iUnits DRIP program.

http://www.iunits.com/english/individual_investor/dividend.cfm