Investments

Expert Guidance in a World of Opportunity

When you work with a Leede Jones Gable advisor, you get unbiased advice. We say that with confidence because we have no in-house products. Instead, we draw from a vast universe of investments to find the right ones for your needs. When you work with us, you get:

• Access to all North American stock markets – Toronto Stock Exchange, TSX Venture Exchange, Canadian Securities Exchange, New York Stock Exchange, and NASDAQ.
• A large inventory of fixed income products. Choose from bank deposits, Canadian and US government bonds, corporate bonds, strip bonds, T-Bills and high-yield bonds.
• Every mutual fund and ETF available.
• Preferred shares, options, new issues and venture capital opportunities, CPCs, IPOs, flow-through shares, and private placements.
• Cash, margin and option accounts in both Canadian and US dollars.
• Commission-based and fee-based accounts.
• Registered accounts, including RRSPs, RRIFs, RESPs and TFSAs, in both Canadian and US dollars.
• And always, expert guidance from a dedicated investment advisor who understands your goals.

Account Types – A Primer

At Leede Jones Gable, we offer a wide range of accounts:

Cash Account

Open a cash account if you intend to pay in full for each purchase with cash.

Margin Account

A margin account offers leverage. In a margin account you can purchase investments with a combination of your cash and a dealer loan. The investments in the margin account are collateral for the loan. If the value of the investments drops sufficiently, the account holder will either put in more cash or sell a portion of the investments.

Option Account

A margin account that allows an investor to buy and sell options.

Registered Retirement Savings Plan (RRSP)

By contributing to an RRSP, you defer taxes until you withdraw the money. Your RRSP must be collapsed in the year in which you turn 71. At that time, you will need to transfer the assets to a Registered Retirement Income Fund (RRIF).

Apart from the traditional Canadian dollar RRSP, you may also require one or more of the following:

• US Dollar RRSP
• Spousal RRSP
• LIRA/LRSP (Locked-in Retirement Account, Locked-in RSP)

Registered Retirement Income Fund (RRIF)

A RRIF provides you with a set yearly income – determined by you to suit your goals, once you turn 71. Similar to an RRSP, your returns can compound tax-free as long as the assets remain in your RRIF.

You may choose a Canadian or US dollar RRIF or you may require one of the following:

• LIF (Life Income Fund)
• LRIF (Locked-in Retirement Income Fund)

Tax-Free Savings Account (TFSA)

A Tax-Free Savings Account (TFSA) is a flexible investment account that allows you to invest in eligible investments without paying taxes on the investment income you earn within the account.

Registered Education Savings Plan (RESP)

RESPs offer a unique and attractive way to save for a child’s post-secondary education. We offer individual or family RESPs.

Informal Trust Account

This is an account held in trust for a named beneficiary, often a child.

Investment Club

This is an account set up by a group of people who pool their assets and make joint investment decisions.

Formal Trust or Estate

This is an account in which the securities are registered in the name of the trust, or estate while the trustee(s), or executor controls the management of the investments.

Corporate

This is an account set up and used by a business and classified as Sole Proprietorship, Corporation, or Partnership.

Charity or Foundation

These accounts are set up for non-profit organizations that are not incorporated and are not investment clubs.