MRS Investment Account allows investors to deposit unlimited amounts of money in a non-registered account, potentially receiving a higher rate of return than a traditional bank account. Investors are taxed on distributions received from funds held in their investment account.

There are a number of tried-and-true investing strategies that can assist your savings efforts and are completely compatible with MRS investment accounts.

Dollar-cost averaging requires investors to take a disciplined approach to their savings, by making contributions on a regular basis (e.g. monthly) directly into an investment account, the average cost of the units that you accumulate over time will be reduced. With a dollar-cost averaging strategy, if the price of a unit drops, your regularly scheduled investment amount will buy more units than it will in times when the price is higher. The result: you own more units at a lower average price. Therefore, the positive impact of a subsequent rebound in price would be magnified in your portfolio.

Maximize growth: MRS investment accounts help you grow your investments in three key ways: no maximum foreign-content limit; offer higher return potential than holding a short-term bank account; and, the funds may pay out distributions.

MRS offers a broad selection of financial products:

• More than 1,800 Canadian mutual funds, segregated funds and labour-sponsored funds.
• MRS proprietary products such as MRS GICs and MRS Money Maximizer.
• MRS investment loans at competitive rates.

MRS offers a variety of investment accounts:

• Individual including joint and "In Trust For".
• Corporate and unincorporated organizations.

Note: All are available to Canadian investors and certain non-resident investors.

Consolidation of financial assets: You can eliminate the need for multiple investment accounts with different financial institutions by consolidating all of your assets in one convenient account - an MRS investment account.

Consolidated reporting: MRS investment account holders will receive quarterly consolidated account statements. Tax reporting for eligible mutual funds is done by the fund management companies.

Learn more about the MRS Investment Account.