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A self-directed RSP allows you to invest in the widest range of qualified investments, including equities, mutual funds, t-bills, GICs, bonds, CSBs, and foreign securities - all under one plan.
Opening a Scotia Self-Directed RSP doesn't mean that you have to sell any of your existing investments or convert them into Scotia investment products. It simply offers you a convenient way to keep all of your RSP holdings together so you can:
- Adjust your portfolio at any time and take greater advantage of changing market conditions to earn potentially greater returns.
- Simplify the management of your portfolio.
- Reduce your administration and brokerage costs by dealing with one institution.
We recommend, however, that you have a minimum of $25,000 for a self-directed RSP plan.
Depending on your investment objectives and preferences, you can choose either a self-managed RSP or a full-service brokerage self-directed RSP.
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