What advantages does entrusting insurance reserves to TDAM have over investing them independently?
Investing in securities independently is a complex and expensive process. TDAM is a highly experienced market player, perfectly placed to react rapidly to any developments and committed to maximizing asset growth. We operate to the most professional standards, as indicated by our FCSM licenses.

What proportion of insurance reserves may be invested in mutual funds?
Up to 5% may be invested.

Can a company withdraw from a fund at any moment?
Yes, provided that the fund is open-ended, shares can be redeemed on any working day.

Do we need to revalue our shares annually to account for any changes in price?
No, as they are accounted for at book value.

How are taxes due on investments paid?
Taxes are levied only when shares are sold and are automatically deducted from the income received.

What is the difference between investing in a managed account and in mutual funds?
Managed accounts require substantially higher minimum investments and commission is charged on both the sale and purchase of shares. However, they offer individual strategies and enable the timeframe of insurance payouts to be taken into account.

What documents must be provided in order to open a fund account?
The following are required:

• A notarized copy of the company charter.
• A letter confirming the appointment of an executive body from the company.
• A notarized copy of the company’s registration certificate.
• Written confirmation of the managers’ current responsibilities.
• A notarized photocopy of a company bank card (both sides) featuring sample signatures and company stamps.
• A letter authorizing named persons to sign on behalf of the company.

How does one invest in a TDAM fund?
Investing in our mutual funds is easy:

• Read the terms and conditions of the relevant fund.
• Bring the necessary documents, as well as an agreement from the company and a passport, to one of our offices.
• Once an account is open, you will receive a personal sharedealing number and can transfer funds immediately.

What documentation do we receive?
You will receive:

• A form to fill out and confirmation that your account is open.
• A statement from the registrar detailing any share transactions.