Post by
mofwmofw on Jan 26, 2021 6:01am
Disposition under under a purchase/ownership plan
Anyone know (in laymans terms) what this actually means and the main reason for it ? Thanks
Comment by
Torontojay on Jan 26, 2021 6:33am
Acquisition or disposition under a purchase ownership plan: Think of it as automatic share ownership plan or disposition. I.e, $100 every month gets contributed to your rrsp regardless of what's going on within that fund. Purchasing shares in the public markets is viewed as a more bullish signal than share ownership under a purchase ownership plan.