Tax efficiency is an important consideration when building wealth outside of registered plans such as RRSPs, RESPs and TFSAs. Investors can build wealth faster by minimizing and deferring tax.
Mackenzie Investments corporate class funds are designed to minimize and defer tax by providing investors with three key benefits:
- Tax-efficient growth: If you invest in Mackenzie Investments corporate class funds, you may not pay tax until you redeem your investment. The less tax you have to pay along the way, the faster your investment will grow.
- Tax-efficient income: Many Mackenzie Investments corporate class funds offer series, such as Series T, that provide monthly income that is completely tax deferred. This means you can take smaller before-tax payments from these investments and receive the same after-tax income.
Explore the possibilities
Call your financial advisor to discuss how Mackenzie Investments corporate class funds can help you reach your financial goals.