Save to carry out your dream projects!
Meet your goals by opening a TFSA or investment account with FlexiFonds.
We're here to help you carry out your medium-term projects
Planning a wedding, home renovations, a sabbatical from work, or a dream vacation in the next three to five years? Find out how a TFSA or Investment Account with FlexiFonds can help you get there.
TFSA with FlexiFonds: Let your money grow tax-free
The money in your TFSA with FlexiFonds is not taxed. That means your initial capital plus any potential investment income grow tax-free! Accordingly, you'll be able to enjoy the entirety of your savings whenever you withdraw money to carry out a project.
Investment Account with FlexiFonds: Keep investing beyond your RRSP and TFSA
The amounts you invest in your TFSA may be tax-sheltered, but you can't save more than your available contribution room as established by the Canada Revenue Agency. The same is true for RRSPs—each year, your contribution room is established in accordance with the income you reported the previous year.
Conversely, an investment account has no contribution room limits. If you've already maxed out your TFSA and RRSP, an investment account can be a welcome addition to your savings portfolio, especially if you're looking to carry out a particular project.
The benefits of saving with FlexiFonds
The flexibility to withdraw
FlexiFonds savings solutions offer greater withdrawal flexibility compared to the RRSP+ with the Fonds because the amounts invested in them can be withdrawn at any time, free of charge1, to help you make your plans come true.
Since the value of FlexiFonds mutual funds can fluctuate over time, our specialists generally recommend that savers hold their savings over an investment horizon of at least three years.
3 mutual funds adapted to your savings plan
Your investor profile is the starting point for assessing which of the three FlexiFonds mutual funds is best suited to your needs: Conservative, Balanced or Growth. It is determined when you open a new savings vehicle with FlexiFonds, based on your answers to a short questionnaire that assesses factors such as your main savings objective, investment horizon, and risk tolerance.
Investments with a strong focus on Québec
With 70% of their assets related to Québec's economy, our new products are in line with the Fonds' mission to support Québec's economy. Our savings solutions are unique on the market and highly invested in Québec since one-third of their assets consist of shares of our labour-sponsored fund.
Cédric is planning to renovate his kitchen by investing in a TFSA with FlexiFonds
Find out how a TFSA with FlexiFonds can help him achieve his goal!
Cédric would like to renovate his kitchen in the next five years. He already has $3,000 set aside, which he intends to invest in a TFSA with the FlexiFonds Growth Fund. He calculates that if he adds $150 per bi-weekly paycheque to this amount, his portfolio could grow to $25,379 in five years, based on a 5% return. He would gain a potential $2,879 in tax-free earnings2 — and be able to reach his savings objective faster!
Cédric, 32 years old
Gross taxable salary:
$150 per paycheque, every two weeks
Manage your finances and bring your projects to fruition with our budget tool
Whatever your project, whether you're looking to purchase a home, planning to have a baby, or shopping for a new car, you can reach your savings goals with our budget tool.
Most frequently asked questions
Ready to save with FlexiFonds to carry out a project?
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Conditions may apply, please read FlexiFonds' prospectus.2
Given that Cédric has sufficient TFSA contribution room, is financially stable, and already has an emergency fund for his short-term needs. Please note that FlexiFonds funds are not guaranteed, their value fluctuates, and past returns are not indicative of future returns.
All the information and data provided on this website are for information purposes only; they are not intended to provide advice or recommendations of a financial, legal, accounting or tax nature with respect to investments. Although they are deemed reliable, no representation or warranty, express or implied, is made as to the accuracy, quality or completeness of this information and data. The opinions expressed should not be construed as a solicitation or offer to purchase or sell the units referred to herein and should not be viewed as a recommendation. We recommend you consult your advisor.
About FlexiFonds de solidarité FTQ
FlexiFonds de solidarité FTQ inc., a wholly owned subsidiary of the Fonds de solidarité FTQ, is a mutual fund dealer duly registered with the Autorité des marchés financiers. FlexiFonds de solidarité inc. acts as the principal distributor of the FlexiFonds funds and does not distribute the units of any other mutual fund.
FlexiFonds de solidarité FTQ Inc.
The units of the FlexiFonds funds are distributed solely in Québec by FlexiFonds de solidarité FTQ inc., a mutual fund dealer wholly owned by the Fonds de solidarité FTQ. FlexiFonds de solidarité FTQ inc. does not distribute the units of any other mutual funds. Management fees and other expenses may be associated with mutual fund investments. Please consult your advisor and read the prospectus and the fund facts documents before making an investment. The FlexiFonds funds are not guaranteed, their values change frequently, and past performance may not be repeated.
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