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 your ScotiaMcLeod Wealth Advisor directly for more information or for investment advice tailored to your personal situation.
More on systematic withdrawal plans
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NEW - The T-SWP or T-Series
Recently, Fidelity and Mackenzie 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.
Please contact your ScotiaMcLeod Wealth Advisor directly for more information or for investment advice tailored to your personal situation.
More on T-SWP / T-Series funds
Mutual fund company information
The information contained on this website is for use by persons resident in Canada only.
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