ShareOwner is the only investment dealer in Canada where
investors can build their portfolio with a Scheduled Purchasing Plan.
With a scheduled purchase plan, busy investors can maintain a consistent investing
timetable for building their portfolio while enjoying the opportunity
to practice dollar-cost averaging. ShareOwner's purchase plans give you the option to schedule
purchases every month, every 2 months, every 3 months or every 4 months.
For example, suppose you now have $3,000 to invest in a
retirement portfolio, tax-free savings or other investing account.
Instead of investing the entire $3,000 all at once in a
diversified portfolio of 20 stocks, you can decide to sample your new
portfolio’s future performance using a Scheduled Purchasing
Plan.
The Plan you select at ShareOwner might, for example, call for
an initial portfolio purchase of $1,000 (e.g. $50 for each stock) and
two subsequent $1,000 purchases at four-month intervals. At the same
time, you can conveniently schedule matching electronic fund
transfers directly from your bank account to pay for the purchases.
Following your Plan, ShareOwner automatically purchases the
portfolio’s selection of stocks on the selected schedule.
Diversification by Time
In addition to the convenience of scheduled purchasing, time
diversification can also be a powerful portfolio management tool.
For example, during the portfolio building process, scheduled
purchasing gives you the freedom to limit the risk of disappointing
performance by an individual stock or the entire stock market. You
simply cancel scheduled purchasing.
As well, with scheduled purchasing, you can enjoy the
opportunity to practice dollar-cost averaging to reduce the average
price for stocks in the portfolio.
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