--001a114fa8f28cd954052d279efe Content-Type: multipart/alternative; boundary=001a114fa8f28cd94e052d279efd --001a114fa8f28cd94e052d279efd Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: quoted-printable Thanks for the clarification. The Fidelity fund seems quite conservative. Can you explain why you recommend it? Seems its performance hasn't been great over the last 10 years. Is there a mutual fund with a little more upside/risk? Tim On Thu, Mar 3, 2016 at 11:10 AM, Beauchemin, Charles wrote: > Hi Timothy, > > > > Check out your transaction history (if that option is available) online? > > > > Summary: > > > > 1. We contributed =E2=80=9Cin-kind=E2=80=9D the Fidelity mutual fun= d that was in > your TFSA, amount $1,581.23. We moved the mutual fund from your TFSA and > put it into your RRS, without selling it. > > 2. We contributed =E2=80=9Cin-cash=E2=80=9D the amount of $1,750 > > > > So your cash balance went from $569.77 + $1,750 to *$2,319.77 in cash* > > But the total value of your portfolio went up by the *full contribution > amount* of $1581.23 + $1750 =3D +$3,331.23 > > > > > > As for the $2323.55 current cash balance in your RRSP, what would you lik= e > to invest in? > > If we buy stocks or ETF=E2=80=99s, our minimum commission is $100 per tra= de > unfortunately. Also if you want to buy a US stock, you need to convert fr= om > CAD into USD, which means you would only have $2323.55 x 0.7472 =3D $1,73= 3.33 > USD to invest. > > If we buy a mutual fund, for a minimum amount of $2,000, we can charge yo= u > $0. > > > > I would be inclined to add to our Fidelity North Star Currency Neutral > fund position (fund from your TFSA) also see attached. > > > > Open to any ideas, we can discuss further if you don=E2=80=99t agree with= above. > > Charles Beauchemin, B. Comm CIM=C2=AE > > Conseiller en placement | Investment Advisor > > Gestionnaire de portefeuille associe | Associate Portfolio Manager > > Financi=C3=A8re Banque Nationale =E2=80=93 Gestion de patrimoine | Nation= al Bank > Financial =E2=80=93 Wealth Management > > Transit: 147 Pointe-Claire > Tel: 514.428.4328 | Fax: 514.426.2009 > Sans Frais | Toll Free:1.888.322.2522 > > charles.beauchemin@nbc.ca > > > > *From:* Timothy Thomas [mailto:tt@homecareassistance.com] > *Sent:* March 2, 2016 10:01 PM > *To:* Beauchemin, Charles > *Subject:* RRSP Deposit > > > > Hey bud. > > > > When I check my account I see there's 2300 and change sitting in "trade > date balance". Where is the 3300 I deposited on Monday. > > > > Can you clarify and let me know where we're investing it. > > > > Thanks![image: image1.PNG] > > > > Timothy Thomas > Home Care Assistance > 514-907-5065 > www.HomeCareAssistanceMontreal.ca > > > ------------------------------ > CONFIDENTIALIT=C3=89 : Ce document est destin=C3=A9 uniquement =C3=A0 la = personne ou =C3=A0 > l'entit=C3=A9 =C3=A0 qui il est adress=C3=A9. L'information apparaissant = dans ce document > est de nature l=C3=A9galement privil=C3=A9gi=C3=A