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F21 Educators Financial Group Q3 Investing Campaign Offer Terms & Conditions

The F21 Educators Financial Group Q3 Investing 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.

Offer Period:

The Offer starts on January 1, 2021 and ends on March 31, 2021 at 11:59 p.m., Eastern Standard Time (the “Offer Period”).

Eligibility Requirements:

The Offer is available to any individual who (1) is either a teaching or non-teaching educational worker in a province in Canada, which includes staff of a board of education, a university, a college, a private educational facility, an education consortium or affiliate (including the Ontario Secondary School Teachers’ Federation and other education unions), or their family members, (2) is a resident of Ontario or British Columbia, (3) has reached the age of majority in their province of residence by January 1, 2021 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.

How to Participate:

To participate in the Offer and receive a $100 contribution to your Qualifying Plan (the “Award”):

  • During the Offer Period (i) open a New RRSP or New TFSA (“Qualifying Plan”) and (ii) contribute or transfer in (from another Canadian financial institution) $5000 or more into the New RRSP or New TFSA, and invest in one or more Qualifying Products as defined below, OR transfer $5,000 or more in-kind from another Canadian financial institution into the New RRSP or New TFSA (collectively, a “Qualifying Investment”); and
  • Maintain a minimum $5000 Qualifying Investment in your Qualifying Plan for at least 3-months from the date the Qualifying Plan was opened.

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 “Qualifying Product” means either:

  1. Educators Monitored PortfoliosTM all Series A, Educators Financial Group Signature Funds all Series A, Educators Preferred Partner Funds; or
  2. Registered Guaranteed Investment Certificate (GIC) with a maturity of 1 year or more.

General Terms:

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 or a New TFSA and cannot receive the Award for both. If an individual becomes eligible for this Offer by opening a New RRSP and a New TFSA, the single Award will be paid into the New RRSP as set out below unless specific instructions are provided at the time of RRSP or TFSA 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.  Non-registered accounts do not qualify.

The Award will be contributed directly into the New RRSP or New TFSA, 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 or TFSA 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.

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