Two ways to choose your investments
When you enrol in your group retirement savings plan, you will have to choose between two types of investment instructions—that is, two ways to invest your savings depending on your financial goals. Depending on your level of knowledge about investment funds and how much time you want to devote to tracking stock market returns (or not), you can opt for a simplified mode or an advanced mode.
Simplified mode Choose from 5 pre-built portfolios
What does this involve?
- This is a ready-made solution that is fully managed for you by investment specialists.
- You’ll be offered a predetermined portfolio based on your investor profile (as defined during the enrolment process).
- All you need to do is indicate your investment style and specify the age at which you want to retire.
What are the features and benefits?
- Portfolios made up of funds managed by reputable fund managers
- Optimal diversification to minimize the risk associated with market fluctuations
- Automatic quarterly rebalancing to make sure your investments align with your investor profile
- Quarterly evolution of the portfolio to gradually reduce the risk as you get closer to retirement
Ideal if you have limited knowledge or are not interested in the stock markets and/or market returns
Advanced mode Choose from a vast array of funds
What does this involve?
- This is an à la carte solution entirely managed by you.
- Based on the recommended asset allocation for your profile (as defined during the enrolment process), you make your own choices from all of the available investment options for your plan.
What are the features and benefits?
- Freedom to choose any of the funds and investment options selected by your employer
- Higher level of knowledge required about investment funds, stock markets and the economy in general
Ideal if you’re looking for full control over your savings strategy