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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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