Non-registered investment accounts provide a versatile option for investors seeking flexibility and broader investment opportunities beyond registered accounts. Unlike RRSPs or FHSAs, non-registered accounts have distinct characteristics that cater to specific financial goals and tax strategies. Here’s a detailed look at the features and benefits:

• You can hold a diverse combination of investments
• Unlike registered accounts, there are no contributions or withdrawal limits, offering flexibility in managing your investments
• Contributions to non-registered accounts are not tax deductible, but they provide the advantage of immediate access to funds without penalties
• All investment gains are taxable in the year they are realized, allowing for strategic tax planning
• Capital gains can be used to offset capital losses within the same tax year, optimizing tax efficiency
• Non-registered accounts can be structured as individual, joint, or in-trust accounts, accommodating various ownership and estate planning needs
• Tradex provides access to a variety of tax-efficient corporate class mutual funds. Corporate class mutual funds aim to reduce taxable distributions and can create tax-efficient cash flow