Tax-efficiency. As easy as 1-2-switch.
The mechanics of Corporate Class are really quite simple. A
mutual fund company may create a version of several funds from its
line-up in a corporate structure. Each unique fund represents a
class of shares of the corporation, therefore, exchanging shares of
one class for another of the same corporation is not taxable. While
Corporate Class funds can help to defer taxes, when you decide to
redeem your Corporate Class funds, taxes will be applicable if held
outside a registered plan.
Opportunity: Defer taxes and
benefit from compounding investment gains until class holdings are
redeemed, possibly when you're in a lower income tax
bracket.
Flexibility: Change your fund
investments over time as your investment needs change.
Choice: Choose from a wide
selection of leading mutual funds and all-in-one portfolio
solutions.