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Mackenzie One-Step Dollar Cost Averaging

Reach your financial goals – one step at a time

If market volatility has caused you to transfer your money into GICs or cash, you may want to ask yourself if you're still on track to meeting your personal goals. Whether it's saving for retirement, a home or a child's education, keeping money in a lower earning investment option may not give you the growth you need.

Dollar cost averaging (DCA) is disciplined investing on a consistent and regular basis, which gives you a way to get back into potentially higher, long-term returns offered by Mackenzie mutual funds.


Why dollar cost average?

  1. Invest systematically
    When you systematically invest a given amount on an ongoing basis into a Mackenzie fund, you're purchasing securities at different costs – sometimes higher, other times lower. What's key is that you're averaging out your costs in the long run, which can reduce the risk of exposure to market fluctuations.

  2. It's easy to start
    Invest a minimum of $1,000 in an eligible Mackenzie money market fund and over 52 weeks the Mackenzie One-Step DCA will automatically make weekly investments, (in this case $19.23) into an eligible mutual fund of your choice.

  3. DCA is right for all markets
    • n a falling market — DCA can let you purchase more securities
    • In a rising market — DCA can protect you from paying too much
    • In a flat market — DCA ensures you always stay invested

 

Resources

Download PDF version, Mackenzie One-Step DCA

Eligible funds for One-Step DCA

 

Call your financial advisor to discuss how Mackenzie One-Step DCA can help you.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.