Choosing Your Account
You can choose from a Mutual Fund Account, an RSP Mutual Fund Account or a RIF Mutual Fund Account. Remember, we never charge annual or administrative fees to maintain your account. Because we don't think it should cost you money to invest your money.
Non-Registered Mutual Fund Account
A Mutual Fund Account is a great way to help you save. Plus, you can invest your money without even thinking about it with our Automatic Savings Program (ASP). You decide how much you can afford and we'll take care of the rest. The only thing you’ll have to think about is just how much your investments are growing.
RSP Mutual Fund Account
This account is designed to help you put money aside now so you can plan for your retirement. You have the choice of a personal or a spousal account, and either one will let you save money while taking advantage of tax savings.
- Tax deferral – aside from the immediate tax break when you claim your contribution to your RSP, your investments grow tax-free. That means that the money you would have paid in taxes on capital gains and distributions stays in your account and compounds year after year. Of course, if you withdraw money, Revenue Canada gets its cut first.
- RSP Loan Option – if you don’t have enough to make an RSP contribution, take advantage of the
ING DIRECT flexible low interest RSP loan. - Home Buyers’ Plan/Lifelong Learning Plan – Both programs are available for RSP accounts. Borrow from yourself, interest free, to buy a home or further educate yourself.
Plus, you can invest your money without even thinking about it with our Automatic Savings Program (ASP). You decide how much you can afford and we’ll take care of the rest. The only thing you’ll have to think about is just how much your investments are growing.
Please review the Declaration of Trust and contact us if you have any questions.
Tax-Free Mutual Fund Account
Grow your Streetwise investment tax-free. That's right! You will get all the benefits you've come to expect from ING DIRECT Mutual Funds such as no commissions, no minimums, no hidden fees and now your earnings will be tax-free!
Earn Tax-Free Income - with the introduction of the new Tax-Free Savings program by the Federal Government, any income earned on your investment will not be taxed. This program is available to all Canadians over 18 who file a tax return. In the first year you will be able to invest up to $5,000 without being taxed on your earnings in your Tax-Free Mutual Fund Account.
Make It Automatic - set up an Automatic Savings Program (ASP) on your Streetwise Fund and make investing automatic. You can arrange to automatically transfer a preset amount of money from another account into your Tax-Free Mutual Fund Account. Making investing automatic can really add up fast and grow your investment – tax-free! Thanks to Dollar Cost Averaging and your ASP, you’ll buy more units when markets are low and fewer units when markets are high, so you could lower the average cost of your fund units.
Looking for more information? Call one of our knowledgeable Mutual Fund Associates at
Please review the Declaration of Trust and contact us if you have any questions.
RIF Mutual Fund Account
When you're ready for retirement income, a RIF Mutual Fund Account allows you to draw the income you need while continuing to help you grow your investments. Think of it as an RSP in reverse – you can convert an RSP Account at any time, as long as you do it before the end of the year in which you turn 71.
- Options – transfer your existing
ING DIRECT RSP accounts (including the RSP Investment Savings Account, RSP GICs, and others) or transfer your RSP or RIF account(s) from another financial institution. Just call us and we'll walk you through the process and make sure you have all the forms you need. - Tax deferral – Like an RSP, your investments grow tax-free, with no immediate tax consequences on distributions. That means that the money you would have paid in taxes on capital gains and distributions stays in your account and compounds year after year. Of course, when you withdraw money, Revenue Canada gets their cut first.
- Automatic Withdrawal Plan (AWD) – you tell us how often you'd like to take payments, how much (if you want to take more than the required minimum payment) and which account you'd like us to deposit it into. Simple, easy, and ready when you are.
Call us and start the enrollment process over the phone. Our Mutual Fund Associates are available at 1-877-700-1737 from 8am to 8pm EST, Monday to Friday.
Please review the Declaration of Trust and contact us if you have any questions.
Once your account is open, you'll receive a purchase confirmation and welcome package within about 5 days after your trade is processed.
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ING DIRECT Streetwise Funds are exclusively offered by ING DIRECT Asset Management Limited. ING Direct Funds Limited is the principal distributor of ING DIRECT Streetwise Funds. ING Direct Funds Limited offers mutual funds across Canada except Quebec and the Territories. ING DIRECT Asset Management Limited and ING Direct Funds Limited are wholly owned subsidiaries of ING Bank of Canada. This site does not constitute an offer or solicitation to residents of the U.S., the UK or Australia or anyone in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such a solicitation.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, values change frequently and past performance may not be repeated. Mutual funds are not insured by CDIC.
Member MFDA Investor Protection Corporation.
