Investment Accounts (Non-Registered)
For all open investment accounts, you can open a cash account and/or a leverage account. Cash accounts or leverage accounts can be opened individually, jointly or in the name of a corporation.
Cash Account
A cash account is an investment account in which all transactions are settled in cash. A variety of investments are available through this type of account which include Mutual Funds, GICs, Annuities, Bonds* and Equities*.
Leverage Account
A leverage account is an account that allows certain investments to be used as collateral for a loan. The following leverage accounts are available:
- 1 for 1 leverage account
- 2 for 1 leverage account
- 3 for 1 leverage account
- 100% leverage account
- Equal your RRSP leverage account
For more information on leverage accounts, click here.
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Click here for information on how to open an account or transfer your existing account to GP Wealth Management.
*Bonds and Equities are made available through an exclusive arrangement with MRS Securities. Please speak to your Financial Advisor for further details on this service.
Disclaimer: All Investment Loans are subject to meeting lending criteria. Using borrowed money to finance the purchase of securities involves greater risk than a purchase using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines.