Systematic Withdrawal Plans

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.

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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

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