Tax Class Mutual Funds

Tax-efficient funds designed for Canadians investing outside of their registered accounts. Tax Class Funds allow investors to switch between different investment funds without triggering a taxable event, such as a capital gain.

Tax Class Funds are ideal for investors who:

• Are looking for great investment ideas outside of their RRSP
• Want to defer capital gains (or losses) that result from switching
• Want to invest in funds with proven track records and well-established histories

How Do Tax Class Funds work?

• Designed for non-registered investments
• Allows switching from one fund to another within the Tax Class structure without triggering immediate tax consequence
• Switches occur on a tax-deferred "rollover" basis resulting in capital gains (or losses) not being realized at the time of the switch
• Capital gains (or losses) are deferred until the investment is eventually redeemed
• As long as the switch to fund is within the Tax Class structure, investors may place switches without triggering immediate tax consequences

Benefits of Tax Class Funds

• Defer taxes when switching between funds within the Tax Class structure
• A wide selection of eligible funds
• Experience different management styles
• Enhance the opportunities of asset allocation
• Invest in funds with a proven track record