MRS Money Maximizer can be
held within any MRS registered or investment
account - and you can hold it in a single account
with other securities. MRS Money Maximizer also
gives you the benefits of a competitive return,
and a safe parking place for your money without
having to commit to a specific fund family.
Interest Rate
With MRS Money Maximizer, you will earn more
interest than with traditional bank accounts
and many short-term GICs or money-market funds.
The interest earned with MRS Money Maximizer
is based upon posted rates which
change from time to time without notice. Interest
is credited at the beginning of the month for
the previous month's balance and is based on
your daily closing balance.
Minimums
With no minimum deposits or terms, you can
make deposits or withdrawals at any time.
Fees
There are no fees or service charges
associated with the MRS Money Maximizer. However,
account level fees apply.
CDIC Deposit Insurance
M.R.S. Trust Company (MRS), a member institution
of the Canada Deposit Insurance Corporation
(CDIC), accepts deposits to instruments denoted
as "Cash" or "Money Maximizer" (each
referred to as an "Account") under
specific terms and conditions. |
