Mackenzie Investments offers five new funds eligible for RDSP accountsBy Natasha Tremblay | January 19 2017 11:30AM
Mackenzie Investments is now offering five new products that will be eligible for its increasingly popular Registered Disability Savings Plan (RDSP) program.
Mackenzie, which says it is the only independent fund company offering RDSP accounts, has enhanced the program’s offering so that more Canadians can benefit from it.
Builds financial security
"We have added some of our most popular mutual fund products to support this wonderful program that has helped millions of Canadian families. People with disabilities face a unique set of challenges, including financial ones. The RDSP helps establish security for the future and it is a program we are so proud to offer Canadians," said Barry McInerney, president and CEO of Mackenzie Investments.
The new funds eligible for RDSP accounts are :
- Mackenzie Canadian Growth Fund
- Mackenzie Canadian Growth Balanced Fund
- Mackenzie Ivy Canadian Balanced Fund
- Mackenzie Ivy Global Balanced Fund
- Mackenzie US Growth Class
With these new funds, Mackenzie RDSP investors now have more than 40 fund choices available.
Introduced by the federal government in 2008, RDSPs provide assisted savings and tax-deferred investment growth. They are aimed at helping build long-term financial security for individuals with disabilities.