Not All Income is Created Equal
Not all types of investment income are taxed the same. For example, income you receive in the form of interest is taxed at a higher overall rate than eligible Canadian dividend income or capital gains. For this reason, efficiently managing different types of income you receive as part of your total income can have a material effect on the amount of income tax that you pay, your after-tax return on your investments and on the wealth you are able to accumulate over time.
Unlike most mutual funds, which are legally structured as a trust, our class funds are structured under a single “Mutual Fund Corporation”. Similar to a typical corporation, investors obtain shares in the corporation. These shares are designed to give investors the power to choose their preferred income type.
- Compound Growth
- Return of Capital
These Tax Classes provide investors with more choice and flexibility in addressing their investment needs, resulting in the potential to maximize their after-tax return.