In this free guide you will learn:
- What is an RESP?
- How much can you contribute to an RESP?
- How does the Canadian Education Savings Grant work?
- What are the tax implications of RESPs?
Download our Free Guide to RESP Investing today
Paying for Post-Secondary Education is hard.
We make saving for it easy.
Justwealth is the only investment manager in Canada offering innovative Education Target Date Portfolios: a unique investment solution that transforms itself automatically over time, eventually “maturing” in the exact year that your child will begin post-secondary education.
Justwealth has constructed an 18-year investment plan defined by the chart below (called a glide path) which specifies the target asset mix for each year within the 18-year cycle.
The Justwealth Education Glide Path
The glide path emphasizes growth in the early years and smartly transitions over time to the Justwealth Capital Preservation Portfolio in the year that your child will enroll in a post-secondary institution. By investing according to the plan, your Portfolio will always be invested at a risk level that is appropriate for the time remaining to enrollment.
Other RESP investment programs that do not have an asset mix that changes over time, or have a maturity date that does not coincide with the year of your child’s enrollment, may not maximize your investment potential or may be exposed to undue market risk near the time of enrollment.