Series T 

Maybe you’re approaching retirement. Maybe you’ve already left work. Or maybe you’ve accumulated a pool of assets and want to access a regular stream of money to help finance the “extras” in your life. When you’re ready to draw a regular income from your investments, you have several choices.

Series T is a structure that is added to existing funds to provide tax-efficient cash flow from distributions paid on a monthly basis. When you invest in a Series T fund, depending on the fund itself, all or a significant portion of the distribution you receive is likely to be classified as tax-free “return of capital” payments, while the bulk of your savings can continue to grow in a diversified mutual fund.

Series T funds can provide the following features and benefits:

• Regular monthly income – Distributions are set at the beginning of each year so you know exactly how much you’ll receive each month
• Sustainable cash flow – The target annual payout resets each year to help protect your investment and enable it to support your long-term cash flow needs
• Tax efficiency – An attractive blend of tax-efficient income and tax-deferral benefits, as well as the potential to reduce government clawbacks
• Potential investment growth – You remain invested in your mutual fund to provide for continued investment growth
• Customizable cash flows – The customizable cash flow option allows you to customize your monthly cash flow up to a fund’s maximum payout rate of 6 or 8 per cent

Funds Available

Additional Resources

Series T Brochure
Case Study – Simplicity With Series T
Video - Series T Introduction
Video - How does Series T Work?
Video - What happens with ACB=0?

For clients with more than $100,000 to investment in a single fund, in a single account, we offer Elite T Series. Elite T offers a fixed management fee, reduced fund expenses and a customizable advisor fee. For more details, please contact your advisor.