The Educators Financial Group® F23 Q4 Edvantage Campaign Offer (the “Offer”) is offered by Educators Financial Group Ltd. (“Educators” or “Educators Financial Group”) and is subject to these terms and conditions (“Terms”). By participating in the Offer, you agree to be bound by these Terms.
The Offer starts on May 1, 2023 and ends on June 9, 2023 at 11:59 p.m., Eastern Standard Time (the “Offer Period”).
The Offer is available to any individual who (1) is an active Edvantage member, (2) is a resident of Ontario or British Columbia, (3) has reached the age of majority in their province of residence by January 1, 2023 and (4) is not an employee, representative or agent of, or domiciled with an employee, representative or agent of, Educators, its affiliates, marketing and advertising agencies, or suppliers. This Offer cannot be combined with any other offers.
To participate in the Offer and receive a $100 contribution to your Qualifying Plan (the “Award”):
A “New RRSP” is a new personal or spousal Educators Financial Group Registered Retirement Savings Plan opened by an eligible individual during the Offer Period where such eligible individual has not had a personal and/or spousal Educators Financial Group Retirement Savings Plan prior to the start of the Offer Period, or otherwise already opened an Educators Financial Group Retirement Savings Plan during the Offer Period.
A “New TFSA” is a new Educators Financial Group Tax-Free Savings Account opened by an eligible individual during the Offer Period where such eligible individual has not had an Educators Financial Group Tax-Free Savings Account prior to the start of the Offer Period, or otherwise already opened an Educators Financial Group Tax Free Savings Account during the Offer Period.
A ”New Non-Registered Account” is a new Educators Financial Group Non-Registered Investment Account opened by an eligible individual during the Offer Period where such eligible individual has not had an Educators Financial Group Non-Registered Investment Account prior to the start of the Offer Period, or otherwise already opened an Educators Financial Group Non-Registered Investment Account during the Offer Period.
A “Qualifying Product” means either:
F-Series available in The Educators Investment Plus Program.
There is a limit of one Award per individual.
An individual is eligible to receive the Award under this Offer in either a New RRSP, a New TFSA, or a New Non-Registered Account and cannot receive the Award for multiple new accounts. If an individual becomes eligible for this Offer by opening a New RRSP, a New TFSA, and/or a New Non-Registered Account, the single Award will be paid into the New RRSP as set out below unless specific instructions are provided at the time of RRSP, TFSA, or Non-Registered Account opening.
The Award does not apply to any type of Locked-in RRSP, including Locked-in Retirement Account (LIRA), Registered Education Savings Plan (RESP), Retirement Income Fund (RIF), or locked-in types of RIF.
The Award will be contributed directly into the New RRSP, New TFSA, or New Non-Registered Account, as applicable, within one week of account opening and Educators confirming your eligibility for the Award, and is not considered to be a contribution and is not tax deductible.
For cash deposits the Award will be invested proportionally to how the contribution is invested or according to client provided instructions.
For an in-kind transfer the Award will be invested into the Educators Financial Group Money Market Fund unless the client provides other instructions at the time of RRSP, TFSA, or Non-Registered Account opening.
This Offer may be changed, extended, or withdrawn at any time and without notice. Offer cannot be used in conjunction with or combined with any other offer.
All currency referenced in these Terms is in Canadian dollars.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the fund facts and prospectus, which contain detailed investment information, before investing. Mutual funds are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer and are not guaranteed or insured. Their values change frequently. There can be no assurances that a money market fund will be able to maintain its net asset value per unit at a constant amount or that the full amount of your investment will be returned to you. Past performance may not be repeated.
® Educators Financial Group and Educators Monitored Portfolios are registered trademarks of Educators Financial Group Inc.