Investing

Products

 

Products

 

Below are products we use to help you grow your wealth -- and ultimately your prosperity -- one plan at a time.  You want financial freedom to live your life the way you want to and we want you to be able to do that.  If you are new to Matchett Financial Services, we encourage you to book a free consultation with one of our experienced advisors to discuss your financial goals and create a personalized plan for success.  

 

Registered Retirement Savings Plans (RRSP's)

An RRSP is an investment account that can later supplement the income you would be receiving if you continued to work (and then some).
 
 

Spousal Registered Retirement Savings Plans (SP RRSP's)

A Spousal RRSP is an RRSP in your spouse's name. This can come in useful when one partner earns more than the other and can help balance out both incomes to avoid being pushed into a higher tax bracket. 
 
 

Tax-Free Savings Accounts (TFSA's)

A TFSA can be treated as a savings account or an investment account and will never affect your taxes.

 

Registered Education Savings Plans (RESP's)

This is a great way to save money for a child’s education. 

 

Registered Disability Savings Plans (RDSP's)

This is a savings plan intended to help save money for someone who is eligible for the disability tax credit (DTC).

 

"In Trust For" Accounts (ITF's)

Use this account if you wish to begin investment activity on behalf of someone 17-years-old or younger.

 

Non-Registered Accounts

This is a general investment account that is flexible, offers tax benefits and has no contribution limit.

 

Corporate Accounts

This is an investment account that gives your business access to mutual funds, segregated funds and GIC's.

 

Mutual Funds

Learn how mutual funds work and why they're beneficial.

 

Segregated Funds

Learn how segregated funds work and why they're beneficial.

 

Guaranteed Investment Certificates (GIC's)

Learn how Guaranteed Investment Certificates (GIC's) work and why they're beneficial.

What Are Segregated Funds?

Segregated Funds

 segregated fund is like a mutual fund but it is an insurance product that offers certain benefits that mutual funds do not.    

First, when you invest in a segregated fund, 75% - 100% of the principle amount you invest is guaranteed to be returned to you no matter how well your investment performs.  In order to benefit from this guarantee, you have to hold your investment for a certain length of time (usually 10 years).  Also, some contracts may offer a guaranteed death benefit in the event you pass away.  

Second, you can name a beneficiary with a segregated fund.  This is beneficial because the money you’ve invested will bypass probate and go directly to the beneficiary. 

Finally, the money in your segregated fund may be protected against creditors in case of bankruptcy or an unexpected lawsuit.

By working with us, we can explore which type of investment product(s) might be right for you and can help you build a suitable financial plan.  Book your free consultation today.

What Are Mutual Funds?

Mutual Funds

 When you buy a mutual fund, your money is being pooled with other investors’ money to purchase a variety of investments, such as stocks, bonds or other products.  These funds are “open-ended”, which means the fund issues new units or shares as more people invest.  Because of this, you are able to invest in a wide range of investments for a relatively low cost.  Your share of the fund (usually measured in “units”) will increase or decrease in value depending on the performance of the assets held within the fund.

A mutual fund is managed by a professional with proven skills and expertise.  Their goal is to increase the overall value of the fund.  The manager has the ability to create unique portfolios using a variety of investment products.  In some cases, this includes products that may not be available to the public.  Also, the fund manager will make the buy-and-sell decisions for you.  With a mutual fund, you can rest easy knowing your money is in good hands.

By working with us, you are more likely to see your money grow because we will be able to recommend a suitable fund with a great fund manager.  Further, we will be able to recommend when it might be time to move out of a particular fund if it begins to struggle to perform as effectively.  Book your free consultation today.

What Are Guaranteed Investment Certificates (GIC's)?

Guaranteed Investment Certificate (GIC)

Guaranteed Investment Certificate (GIC) is a low-risk investment option most commonly issued by trust companies or banks.  Investing in a GIC means you invest a certain amount of money (called the “principal amount”) for a defined period of time and you are guaranteed a certain rate of interest on the money you put in.  This means that once your GIC matures, you will receive the principal amount plus the guaranteed interest earned.  CDIC (Canada Deposit Insurance Corporation) will guarantee eligible deposits up to a maximum of $100,000 (principal and interest combined) for financial institutions that are members of the CDIC.  At Matchett Financial Services, we only deal with GIC companies that are CDIC members.  We also track GIC rates for over 50 trust companies and banks every day covering the top rates in Canada.  

A GIC is one of a variety of investment options.  By working with us, we can explore which type of investment product(s) might be right for you and can help you build a suitable financial plan.  Book your free consultation today.