Systematic Withdrawal Plan

A systematic withdrawal plan (SWP) allows investors to receive a regular income while still maintaining their investments' growth potential. A SWP includes convenient pay-out options and has several tax advantages.

As long as your investment performs at a rate that exceeds your withdrawal rate, your investment will continue to grow. We can help you draw a tax advantaged income from your assets. Diversifying amongst a few funds always makes sense.

Please contact us (tel. 416-863-7777 or 1-800-387-9273) to find out more about SWPs.

More on systematic withdrawal plans

Mutual fund company information

• Fidelity - SWP Example
• Templeton - SWP Example and updated chart

NEW - The T-SWP or T-Series

Recently, several mutual fund companies have launched "T-SWP" or "T-Series" funds. This next generation of funds provides predictable distributions in a highly tax-efficient manner. It is ideal for investors who want to:

• enjoy a high level of monthly cash-flow,
• reduce their short-term tax bill, and
• participate in the long term growth of mutual funds.

When compared to traditional SWPs and other income-producing options, a T-SWP offers investors many tax advantages, including the ability to:

• enjoy more available cash in hand today,
• plan when to trigger capital gains tax liability,
• draw down less of their investments in order to meet cash-flow needs,
• simplify the accounting for your SWP fund's cost base,
• potentially reduce their tax bill.

Your team of investment advisors would be happy to discuss the costs/benefits of T-SWPs with respect to your individual needs and financial goals. Please email us or contact our service centre at 416-863-7777 or 1-800-387-9273 to find out if T-SWP / T-Series funds might be a good fit with your financial plan.

More on T-SWP / T-Series funds

Managed Money Reporter articles

• "Tax-efficient Systematic Withdrawal Plans"

Mutual fund company information

• Templeton - Tax-efficient monthly cash flow example
• Fidelity - T-SWP
• Mackenzie - T-Series
• CI Funds - T-Class