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Contributing regularly to your investment
plan makes investing easier and puts your money to work sooner.
Instead of scrambling to find a big pile of money once a year,
a CPP gives you the comfort and convenience of making small,
regular contributions. Our CPP allows you to contribute bi-weekly,
monthly, semi-annually, or annually.
With monthly contributions,
part of your annual contribution is working for you right
from the beginning of the year. As the months pass, that
portion grows larger - not just because you’re adding
to it every month, but because what you’ve already
invested is compounding (free of tax within an RRSP, RRIF
or RESP).
Contributing on a regular basis can also
allow you to benefit from what experts call “dollar
cost averaging”. This means your regular contribution
buys more Clarity fund units when the price is low, and
fewer when the price is high, helping to reduce the average
price you pay per unit over the long term.
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