Dividend Growth Split Corp T.DGS

Alternate Symbol(s): DDWWF | T.DGS.PR.A

Financial Services Asset Management

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential, quarterly cash distributions and to return the original issue price of 10.00 per Preferred share to shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be at least 0.10 per Class A share, and the opportunity for growth in Net Asset Value per Class A share. The Fund invests, on an approximately equally weighted basis, in a portfolio consisting primarily of equity securities of Canadian dividend growth companies. In addition, the Fund may hold up to 20% of the total assets of the portfolio in global dividend growth companies for diversification and improved return potential, at the Managers discretion.

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Dividend Growth Split Corp > March madness

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Comment by CAinPlapon Feb 27, 2023 10:12am

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Post# 35306961

RE:RE:RE:RE:RE:RE:RE:RE:March madness

My kids are 19 and 22 and I have been making their TFSA contributions for them from my non-registered account effectively tripling my TFSA contribution. They will end up with my net worth when I die which will be much higher if not paying tax on investment income. Another thought I have is why pay tax on income while your kids are paying non-deductible interest on their mortgages? Keep family wealth out of the government and banks hands.

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