Periodic Investing

Periodic investment is a tactic that uses regularly-scheduled debits from your account. There are a number advantages to using this tactic:

• it's easier to contribute a little bit to your RRSP on a regular basis than it is to make a large lump-sum contribution once a year,
• it's effective for all types of personal budgets,
• it's the most efficient way to save money.   

You can choose between two types of investments...

Guaranteed-Capital Investments (Systematic Savings RRSP)

• Your initial investment amount is 100% guaranteed.
• The more you invest, the higher your interest rate. 
• Interest rate is calculated based on your daily balance.
• Transferable at any time.
• Minimum $10.00 investment.

Mutual Funds (National Bank Mutual Funds Periodic Investment Plan)

• Flexible, diversified and actively-managed investments.
• Amounts are debited automatically from your bank account. 
• Take advantage of dollar-cost averaging.
• Transferable at any time.
• Minimum investment of $25.00.