Today's
investor has no shortage of investment options to choose from. At Fiscal
Agents we believe that an informed investor is our strongest asset and
as such, our financial advisors have an open-door approach to the financial
services marketplace. We can help guide you through many types of investments
decisions.
We believed
so strongly in our mission to make money management easy for our clients
that we went and had it registered as our Trade Mark - Money Management
Made Easy®.
We want
you to profit from our research. This
section provides a base reference source of investment products in a
simple format. The information outlined below is provided to give an
overall illustration of parameters that may be in effect for this investment
product.
Investment
Product
P r o f i l e r |
SELF-DIRECTED RRSP |
| Questions
to Ask: |
Answers
you may find: |
| Type
of services offered: |
Discount
Broker/ Full Services, |
| Offer
RRIF services |
Self-directed
and regular RRIF |
| Suggested
Portfolio Size: |
$50,000 |
| ANNUAL
FEE: |
SDRRSP
$25,000 + nil below $25,000 - $25.00
*Value RRSP - No min. (mutual funds & fixed income investments)
- nil |
| When
fee charged: |
October
15th |
| Is
fee pro-rated: |
No,
non-refundable |
OTHER
FEES:
Mortgage content fee: |
$200.00 |
| Dividend
re-investment fee: |
Included |
| Foreign
property fee: |
Included |
| SPECIAL
PROVISIONS if holding restricted to Mutual Funds, GICs, CSBs or
Companies own products. |
If
holding only debt instruments annual fee $25 |
| TRANSACTION
COSTS: |
Charged
according to commission and fee schedule. |
Except
Change Investment (Swaps): |
1
free, thereafter $25 |
| No-Load
Mutual Funds: |
None
on buy, $40 on sell |
| Sponsor
related Investments products: |
No
fee for affiliated Co's Mutual Funds or GICs |
| Euroclear: |
None |
| Nasdaq: |
$35
plus percentage/cents per share |
| Transaction
via other Broker/Dealer: |
$25
per shares. |
| RRIF
PAYMENT FREQUENCY: |
Monthly,
quarterly, semi-annually or annually |
Making
a change to the RRIF
payout amount. Admin fee: |
$100 |
| RRIF
PAYMENTS FEES: |
None |
| Unscheduled
withdrawal fee: |
2
additional to schedule, thereafter $25 |
| CLOSING
- DE-REGISTRATION WITHDRAWAL OR TRANSFER: |
INTERNAL |
EXTERNAL |
| Full
transfer :- Cash: |
Nil |
$25 |
| Securities: |
Nil |
Nil |
| Partial
transfer :- Cash: |
Nil |
$25 |
| Securities: |
Nil |
Nil |
| Full
withdrawal:- Cash: |
2
free withdrawals per year thereafter $25 |
2
free withdrawals per year thereafter $25 |
| Securities: |
2
free withdrawals per year thereafter $25 |
2
free withdrawals per year thereafter $25 |
| Other
termination fees: |
Full
annual fee charged. |
| CASH
BALANCES: |
Interest
credited monthly, calculated on the average daily closing balance
at premium savings rate. |
| Un-invested
cash balance covered by CDIC: |
Yes |
| MORTGAGE
INVESTMENTS: |
Arms
Length |
Non-arms
Length |
| Annual
administration fee: |
$225 |
$200 |
| Set-up
fee: |
$200 |
$200 |
| Receiving
Mortgage payments: |
None |
None |
Other
fees to be paid by Plan or Borrower
MICC/CMHC Application fee: |
N/A |
As
per mtge. issuer |
| Returned
cheque fee: |
$25 |
$25 |
| Early
renewal fee: |
$25 |
$85
+ IRD |
| Renewal
fee: |
$85 |
$85 |
| Discharge
fee: |
$100 |
$85 |
| Other: |
Mortgage
insurance app. fee $75
Survey fee for non-arms length $300 |
| Are
mortgage, terms, rates or conditions set by the Trustee or Plan holder |
Rates,
terms and conditions subject to the approval of the Trustee |
| Are
partnership mortgages offered: |
Yes |
| INVESTMENTS
HELD |
|
| Mutual
Funds: |
Allowed |
| Options
- Calls: |
Allowed
(Long calls and covered call writes) |
| Puts: |
Not
allowed |
| Section
4900 Private companies: |
Not
Allowed |
STATEMENTS
Transaction:
Asset: |
Monthly
if transaction
Quarterly |
| OTHER
COSTS |
|
| Over
contribution fee: |
$15 |
| Request
for research/Fee: |
$30
per hour, min. $25 |
| Other
special services: |
Full
service brokerage offered by company own full securities dealer, If
client of trust Co's arm - administration fee waived |
| DISCOUNT
BROKERAGE: |
TRANSACTION
COSTS: |
| Canadian
Equities: |
|
| Base
Rate |
$25 |
| Per
Share Price: |
.005
- .06 cents/share |
| U.S.
Equities: |
|
| Base
Rate: |
$35 |
| Per
Share Price: |
.02
- .08 cents/share |
| Minimum: |
$40 |
| Maximum
Commission: |
2.5
% of trade value - $35 |
| Options
Commission: |
|
| Base
Rate: |
CDN
$29 - $ US $29 |
| Plus
$/Contract Option Value: |
$1
- $2.50 on 1st contracts, .50 - $1.75 on additional. |
| Minimum
Commission: |
CDN
$29 - $ US $29 maximum $35 CDN - $45 US. |
MUTUAL
FUND COMMISSIONS:
PURCHASE: ($000) (%) |
|
Front
End Load:
Deferred
Sales Charge:
No Load: |
Under
$4,999 2.5% min. $40
$5,000 - $24,999 2% 25,000 and over 1%
None
$25 |
REDEEM:
Front end load: |
None
if issues own funds otherwise $15 |
| Deferred
Sale Charge: |
Varies
depending on Fund Co. |
| No
Load: |
$15 |
| SWITCH:
(with one family ($000) % |
|
| Front
end load: |
No
charge |
| Deferred
Sale Charge: |
Regular
commission of fees apply |
| No
Load: |
$40
flat |
| Affiliated
funds: |
No
commissions on switch |
| Other
special services: |
RRSP
loan program
Second SDRRSP
- Individual
- Spousal $35
- Locked- $25 |
IP-Profiler - Retirement
